Key highlights:
- The total cryptocurrency market cap decreased from $ 1.75T to $ 1.65T in the past 24 hours, representing a -5.76% change
- The Bitcoin price at press time is $ 43,184 after falling by -4.41% in the last 24 hours
- The total crypto trading volume decreased by -5.76% in the past 24 hours, and is currently at $ 594.67B
- All prices and changes are presented at the time of publication: January 4, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.65T after a -5.76% decrease on the day. The total crypto trading volume declined by -5.76% in the same time frame.
Bitcoin is trading at $ 43,184 after seeing a -4.41% loss in the last 24 hours. The Bitcoin dominance grew by 0.69% and BTC currently represents 51.28% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 845.93B after losing -4.41% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.12% and reach $ 43,666 by January 9, 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 $ 2,239.43 and has a market capitalization of $ 269.14B. ETH decreased by -5.98% 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 92% of coins lost value in the last 24 hours.
Today’s Top Gainers are Power Ledger, Ethereum Name Service, and Helium Mobile
Thanks to a 71.34% price increase, Power Ledger was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ethereum Name Service came in second place, with 24-hour gains of 30.87%. Helium Mobile, SSV Network and Siacoin complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Tellor, Terra, and Worldcoin
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Tellor, which saw a loss of -24.40%. Terra also didn’t perform well, as its price declined by -16.54% in the last 24 hours. Worldcoin, TerraClassicUSD and Filecoin round out today’s top 5 worst performers.
Coin of the Day is Akash Network
Thanks to its impressive 7.92% performance, Akash Network is today’s coin of the day! Akash Network is currently trading at $ 2.54. Learn more about Akash Network and its position in the market on our Akash Network price prediction page.
Our technical indicators show that the current Akash Network sentiment is Bullish.
