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Key highlights:
- The total cryptocurrency market cap increased from $ 876.86B to $ 909.52B in the past 24 hours, representing a 3.72% change
- The Bitcoin price at press time is $ 18,092 after growing by 3.94% in the last 24 hours
- The total crypto trading volume increased by 3.72% in the past 24 hours, and is currently at $ 216.29B
- All prices and changes are presented at the time of publication: January 12, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 909.52B after a 3.72% increase on the day. The total crypto trading volume increased by 3.72% in the same time frame.
Bitcoin is trading at $ 18,092 after seeing a 3.94% gain in the last 24 hours. The Bitcoin dominance grew by 0.04% and BTC currently represents 38.23% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 347.67B after gaining 3.94% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 6.31% and reach $ 19,234 by January 17, 2023. 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 $ 1,395.77 and has a market capitalization of $ 170.81B. ETH increased by 4.79% 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.
- OKB, which was previously ranked 8, is ranked at 7.
- Polygon, which was previously ranked 7, is ranked at 8.
Bears Dominate the Market Today
The bears dominated the market today as 67% of coins lost value in the last 24 hours.
Today's Top Gainers are Avalanche, Theta Fuel, and Harmony
Thanks to a 26.19% price increase, Avalanche was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Theta Fuel came in second place, with 24-hour gains of 12.18%. Harmony, Ergo and NEAR Protocol complete today's list of the top cryptocurrency gainers.
Today's Top Losers are Voyager Token, Fetch.ai, and Bitcoin SV
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Voyager Token, which saw a loss of -8.77%. Fetch.ai also didn't perform well, as its price declined by -6.74% in the last 24 hours. Bitcoin SV, Chain and Ocean Protocol round out today's top 5 worst performers.
Coin of the Day is Avalanche
Thanks to its impressive 26.19% performance, Avalanche is today's coin of the day! Avalanche is currently trading at $ 15.71. Learn more about Avalanche and its position in the market on our Avalanche price prediction page.
Our technical indicators show that the current Avalanche sentiment is Neutral.