Cryptocurrency Market Overview: Bitcoin Dominance Grows as Phala Network Emerges as Top Gainer

The total cryptocurrency market cap is currently $3.31T after a -1.80% decrease on the day. Bitcoin is trading at $94,611 after seeing a -1.69% loss in the last 24 hours.

The total cryptocurrency market cap is currently $3.31T after a -1.80% decrease on the day. The total crypto trading volume declined by -1.80% in the same time frame.

Bitcoin is trading at $94,611 after seeing a -1.69% loss in the last 24 hours. The Bitcoin dominance grew by 0.00% and BTC currently represents 56.52% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $1.87T after losing -1.69% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by December 28, 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 $3,349.15 and has a market capitalization of $403.43B. ETH decreased by -1.01% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 79% of coins lost value in the last 24 hours.

Today's Top Gainers are Phala Network, ai16z, and aixbt by Virtuals

Thanks to a 95.39% price increase, Phala Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. ai16z came in second place, with 24-hour gains of 36.65%. aixbt by Virtuals, Bitget Token and Echelon Prime complete today's list of the top cryptocurrency gainers.

Today's Top Losers are FTX Token, Curve DAO Token, and Zcash

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was FTX Token, which saw a loss of -10.49%. Curve DAO Token also didn't perform well, as its price declined by -9.47% in the last 24 hours. Zcash, XinFin Network and Livepeer round out today's top 5 worst performers.

ai16z reached new All-Time High after gaining +484.61% in the last month

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

ai16z

Congratulations to the HODLers!

Coin of the Day is ai16z

Thanks to its impressive 36.65% performance, ai16z is today's coin of the day! ai16z is currently trading at $1.17. Learn more about ai16z and its position in the market on our ai16z price prediction page.

Our technical indicators show that the current ai16z sentiment is undefined.

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