Cryptocurrency Market Overview: Bitcoin Dominance Falls as Hyperliquid Soars

The total cryptocurrency market cap is currently $3.41T after a 3.10% increase on the day. Bitcoin is trading at $98,647 after seeing a 1.98% gain in the last 24 hours.

The total cryptocurrency market cap is currently $3.41T after a 3.10% increase on the day. The total crypto trading volume increased by 3.10% in the same time frame.

Bitcoin is trading at $98,647 after seeing a 1.98% gain in the last 24 hours. The Bitcoin dominance fell by -0.15% and BTC currently represents 57.22% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $1.95T after gaining 1.98% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by December 21, 2024. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $3,523.08 and has a market capitalization of $424.36B. ETH increased by 4.89% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Today's Price Analysis

Bears Dominate the Market Today

The bears dominated the market today as 63% of coins lost value in the last 24 hours.

Today's Top Gainers are Moca, Hyperliquid, and Ethena

Thanks to a 24-hour price increase of 59.88%, Moca was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Hyperliquid came in second place, with 24-hour gains of 35.25%. Ethena, aixbt by Virtuals and SPX6900 complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Fartcoin, Usual, and Aptos

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Fartcoin, which saw a loss of -16.85%. Usual also didn't perform well, as its price declined by -14.61% in the last 24 hours. Aptos, Zeebu and MANTRA DAO round out today's top 5 worst performers.

Hyperliquid reached new All-Time High after gaining +89,850.80% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

Congratulations to the HODLers!

Coin of the Day is Hyperliquid

Thanks to its impressive 35.25% performance, Hyperliquid is today's coin of the day! Hyperliquid is currently trading at $32.81. Learn more about Hyperliquid and its position in the market on our Hyperliquid price prediction page.

Our technical indicators show that the current Hyperliquid sentiment is bearish, while our analysis signals that the coin is overbought at the moment.

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