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WAXP up +25.90%, BTC +0.81%, FTX Token is The Coin of The Day - Daily Market Update for Jan 20, 2023

source-logo  coincodex.com 20 January 2023 07:28, UTC

Key highlights:

  • The total cryptocurrency market cap increased from $ 987.50B to $ 997.16B in the past 24 hours, representing a 0.98% change
  • The Bitcoin price at press time is $ 20,981 after growing by 0.81% in the last 24 hours
  • The total crypto trading volume increased by 0.98% in the past 24 hours, and is currently at $ 186.23B
  • All prices and changes are presented at the time of publication: January 20, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 997.16B after a 0.98% increase on the day. The total crypto trading volume increased by 0.98% in the same time frame.

Bitcoin is trading at $ 20,981 after seeing a 0.81% gain in the last 24 hours. The Bitcoin dominance fell by -0.07% and BTC currently represents 40.43% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 403.19B after gaining 0.81% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.77% and reach $ 20,819 by January 25, 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 $ 1,548.45 and has a market capitalization of $ 189.49B. ETH increased by 1.35% 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.
  • Solana, which was previously ranked 7, is ranked at 8.

Bears Dominate the Market Today

The bears dominated the market today as 75% of coins lost value in the last 24 hours.

Today's Top Gainers are WAX, FTX Token, and SSV Network

Thanks to a 25.90% price increase, WAX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. FTX Token came in second place, with 24-hour gains of 26.24%. SSV Network, Enjin Coin and Frax Share complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Decentraland, Kava, and Ocean Protocol

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Decentraland, which saw a loss of -5.05%. Kava also didn't perform well, as its price declined by -3.82% in the last 24 hours. Ocean Protocol, DigiByte and Lido DAO Token round out today's top 5 worst performers.

Coin of the Day is FTX Token

Thanks to its impressive 26.24% performance, FTX Token is today's coin of the day! FTX Token is currently trading at $ 2.24. Learn more about FTX Token and its position in the market on our FTX Token price prediction page.

Our technical indicators show that the current FTX Token sentiment is Neutral.

coincodex.com