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HDAO up +38.35%, BTC +4.10%, Livepeer is The Coin of The Day - Daily Market Update for Dec 05, 2021


coincodex.com 05 December 2021 10:10, UTC
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap increased from $ 2.23T to $ 2.36T in the past 24 hours, representing a 5.65% change
  • The Bitcoin price at press time is $ 49,407 after growing by 4.10% in the last 24 hours
  • The total crypto trading volume increased by 5.65% in the past 24 hours, and is currently at $ 1.39T
  • All prices and changes are presented at the time of publication: December 5, 2021, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.36T after a 5.65% increase on the day. The total crypto trading volume increased by 5.65% in the same time frame.

Bitcoin is trading at $ 49,407 after seeing a 4.10% gain in the last 24 hours.The Bitcoin dominance fell by -0.32% and BTC currently represents 39.61% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 933.37B after gaining 4.10% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -5.48% and reach $ 46,700 by December 10, 2021. 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 $ 4,205.88 and has a market capitalization of $ 498.86B. ETH increased by 9.24% 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.

  • Terra, which was previously ranked 10, is ranked at 9.
  • Polkadot, which was previously ranked 9, is ranked at 10.

Bulls Dominate the Market Today

The bulls dominated the market today as 78% of coins gained value in the last 24 hours.

Today's Top Gainers are HyperDAO, Livepeer, and eCash

Thanks to a 38.35% price increase, HyperDAO was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Livepeer came in second place, with 24-hour gains of 29.68%. eCash, GALA and Request Network complete today's list of the top cryptocurrency gainers.

Today's Top Losers are SafeMoon, UFO Gaming, and Dogelon Mars

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was SafeMoon, which saw a loss of -31.62%. UFO Gaming also didn't perform well, as its price declined by -4.21% in the last 24 hours. Dogelon Mars, Nexo and Orbit Chain round out today's top 5 worst performers.

Coin of the Day is Livepeer

Thanks to its impressive 29.68% performance, Livepeer is today's coin of the day! Livepeer is currently trading at $ 47.05. Learn more about Livepeer and its position in the market on our Livepeer price prediction page.

Our technical indicators show that the current Livepeer sentiment is Neutral.


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