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QNT up +24.53%, BTC +1.31%, Quant is The Coin of The Day - Daily Market Update for Dec 12, 2021

source-logo  coincodex.com 12 December 2021 10:25, UTC

Key highlights:

  • The total cryptocurrency market cap increased from $ 2.29T to $ 2.31T in the past 24 hours, representing a 0.58% change
  • The Bitcoin price at press time is $ 48,956 after growing by 1.31% in the last 24 hours
  • The total crypto trading volume increased by 0.58% in the past 24 hours, and is currently at $ 1.16T
  • All prices and changes are presented at the time of publication: December 12, 2021, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.31T after a 0.58% increase on the day. The total crypto trading volume increased by 0.58% in the same time frame.

Bitcoin is trading at $ 48,956 after seeing a 1.31% gain in the last 24 hours.The Bitcoin dominance grew by 0.06% and BTC currently represents 40.14% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 925.21B after gaining 1.31% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 6.38% and reach $ 52,080 by December 17, 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 $ 4,043.51 and has a market capitalization of $ 479.98B. ETH increased by 0.21% 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.

  • Cardano, which was previously ranked 7, is ranked at 6.
  • USD Coin, which was previously ranked 6, is ranked at 7.
  • Dogecoin, which was previously ranked 11, is ranked at 10.

Bulls Dominate the Market Today

The bulls dominated the market today as 72% of coins gained value in the last 24 hours.

Today's Top Gainers are Quant, GALA, and Render Token

Thanks to a 24.53% price increase, Quant was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. GALA came in second place, with 24-hour gains of 21.54%. Render Token, Mdex and OKB complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Spell Token, Terra, and IoTeX

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Spell Token, which saw a loss of -9.84%. Terra also didn't perform well, as its price declined by -7.40% in the last 24 hours. IoTeX, Olympus and DigitalBits round out today's top 5 worst performers.

Coin of the Day is Quant

Thanks to its impressive 24.53% performance, Quant is today's coin of the day! Quant is currently trading at $ 211.99. Learn more about Quant and its position in the market on our Quant price prediction page.

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

coincodex.com