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MAGIC up +26.08%, BTC +1.33%, Aptos is The Coin of The Day - Daily Market Update for Jan 22, 2023

source-logo  coincodex.com 22 January 2023 09:40, UTC

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.06T to $ 1.06T in the past 24 hours, representing a 0.30% change
  • The Bitcoin price at press time is $ 22,872 after growing by 1.33% in the last 24 hours
  • The total crypto trading volume increased by 0.30% in the past 24 hours, and is currently at $ 263.38B
  • All prices and changes are presented at the time of publication: January 22, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.06T after a 0.30% increase on the day. The total crypto trading volume increased by 0.30% in the same time frame.

Bitcoin is trading at $ 22,872 after seeing a 1.33% gain in the last 24 hours. The Bitcoin dominance grew by 0.39% and BTC currently represents 41.44% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 439.53B after gaining 1.33% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.20% and reach $ 23,146 by January 27, 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 $ 1,630.64 and has a market capitalization of $ 199.55B. ETH decreased by -1.12% 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 81% of coins lost value in the last 24 hours.

Today's Top Gainers are Magic, Aptos, and Terra

Thanks to a 26.08% price increase, Magic was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Aptos came in second place, with 24-hour gains of 24.26%. Terra, ApeCoin and WEMIX Token complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Saitama, Frax Share, and Flux

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Saitama, which saw a loss of -12.80%. Frax Share also didn't perform well, as its price declined by -9.07% in the last 24 hours. Flux, SingularityNET and SSV Network round out today's top 5 worst performers.

Aptos reached new All-Time High after gaining +271.62% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

  • Aptos's new ATH is $ 14.13

Congratulations to the HODLers!

Coin of the Day is Aptos

Thanks to its impressive 24.26% performance, Aptos is today's coin of the day! Aptos is currently trading at $ 13.93. Learn more about Aptos and its position in the market on our Aptos price prediction page.

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

coincodex.com