Market Overview: BTC Dominance Grows to 56.90% as the Bear Dominate the Market

The total cryptocurrency market cap is currently $3.53T after a -4.16% decrease on the day.

The total cryptocurrency market cap is currently $3.53 trillion after a -4.16% decrease on the day. The total crypto trading volume declined by -4.16% in the same time frame.

Bitcoin is trading at $101,332 after seeing a -2.17% loss in the last 24 hours. The Bitcoin dominance grew by 0.89% and BTC currently represents 56.90% of the cryptocurrency market.

At press time, Bitcoin has a market capitalization of $2.01 trillion after losing -2.17% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by December 19, 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 $3,673.30 and has a market capitalization of $442.46 billion. ETH decreased by -4.37% 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.

The bears dominated the market today as 86% of coins lost value in the last 24 hours.

Today's Top Gainers are Usual, Movement, and Fartcoin

Thanks to a 41.79% price increase, Usual was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Movement came in second place, with 24-hour gains of 16.22%. Fartcoin, Creditcoin and Ethena complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Popcat, Peanut the Squirrel, and Act I : The AI Prophecy

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Popcat, which saw a loss of -18.27%. Peanut the Squirrel also didn't perform well, as its price declined by -18.17% in the last 24 hours. Act I : The AI Prophecy, Neiro and PepeCoin.io round out today's top 5 worst performers.

Bitget Token reached new All-Time High after gaining +230.84% 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 Fartcoin

Thanks to its impressive 16.70% performance, Fartcoin is today's coin of the day! Fartcoin is currently trading at $0.927219. Learn more about Fartcoin and its position in the market on our Fartcoin price prediction page.

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

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