Cryptocurrency Market Overview: BTC Dominance Grows to 56.02%, BSV Becomes Coin of the Day

The total cryptocurrency market cap is currently $3.34T after a -0.45% decrease on the day. The total crypto trading volume declined by -0.45% in the same time frame.

The total cryptocurrency market cap is currently $3.34T, showing a 0.45% decrease on the day. The total crypto trading volume declined by 0.45% in the same time frame.

Bitcoin is trading at $94,351 after seeing a 0.43% gain in the last 24 hours. The Bitcoin dominance grew by 0.04% and BTC currently represents 56.02% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $1.87T after gaining 0.43% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by January 11, 2025. 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 $3,246.44 and has a market capitalization of $391.10B. ETH decreased by -0.63% 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 Bitcoin SV, IOTA, and Notcoin

Thanks to a 15.87% price increase, Bitcoin SV was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. IOTA came in second place, with 24-hour gains of 10.12%. Notcoin, Golem and Bitget Token complete today's list of the top cryptocurrency gainers.

Today's Top Losers are ai16z, Fartcoin, and Bio Protocol

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ai16z, which saw a loss of -20.91%. Fartcoin also didn't perform well, as its price declined by -18.26% in the last 24 hours. Bio Protocol, Virtual Protocol and Popcat round out today's top 5 worst performers.

Coin of the Day is Bitcoin SV

Thanks to its impressive 15.87% performance, Bitcoin SV is today's coin of the day! Bitcoin SV is currently trading at $60.62. Learn more about Bitcoin SV and its position in the market on our Bitcoin SV price prediction page.

Our technical indicators show that the current Bitcoin SV sentiment is Bullish.