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Cryptocurrency News Articles

Market Overview: Bears Dominate the Market Today

Nov 23, 2024 at 02:01 pm

The total cryptocurrency market cap is currently $ 3.36T after a 0.91% increase on the day. The total crypto trading volume increased by 0.91% in the same time frame.

Market Overview: Bears Dominate the Market Today

The total cryptocurrency market cap is currently $3.36T after a 0.91% increase on the day. The total crypto trading volume increased by 0.91% in the same time frame.

Bitcoin is trading at $98,757 after seeing a -0.04% loss in the last 24 hours. The Bitcoin dominance fell by -0.57% and BTC currently represents 58.16% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $1.95T after losing -0.04% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by November 23, 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 $3,344.75 and has a market capitalization of $402.79B. ETH decreased by -1.00% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

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 Stellar, Algorand, and Destra Network

Thanks to a 52.67% price increase, Stellar was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Algorand came in second place, with 24-hour gains of 35.86%. Destra Network, XinFin Network and VeChain complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Mog Coin, Act I : The AI Prophecy, and FTX Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Mog Coin, which saw a loss of -12.66%. Act I : The AI Prophecy also didn't perform well, as its price declined by -11.48% in the last 24 hours. FTX Token, SPX6900 and Gigachad round out today's top 5 worst performers.

Coin of the Day is Stellar

Thanks to its impressive 52.67% performance, Stellar is today's coin of the day! Stellar is currently trading at $0.432777. Learn more about Stellar and its position in the market on our Stellar price prediction page.

Our technical indicators show that the current Stellar sentiment is Bullish.

Buy/Sell Stellar

News source:coincodex.com

Disclaimer:info@kdj.com

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Other articles published on Nov 23, 2024