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VGX up +15.47%, BTC -1.94%, Cosmos is The Coin of The Day - Daily Market Update for Sep 16, 2022


coincodex.com 16 September 2022 07:31, UTC
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.01T to $ 990.46B in the past 24 hours, representing a -2.08% change
  • The Bitcoin price at press time is $ 19,749 after falling by -1.94% in the last 24 hours
  • The total crypto trading volume decreased by -2.08% in the past 24 hours, and is currently at $ 289.55B
  • All prices and changes are presented at the time of publication: September 16, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 990.46B after a -2.08% decrease on the day. The total crypto trading volume declined by -2.08% in the same time frame.

Bitcoin is trading at $ 19,749 after seeing a -1.94% loss in the last 24 hours. The Bitcoin dominance grew by 0.27% and BTC currently represents 38.19% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 378.23B after losing -1.94% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 8.79% and reach $ 21,485 by September 21, 2022. 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 $ 1,487.78 and has a market capitalization of $ 182.08B. ETH decreased by -8.88% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 80% of coins lost value in the last 24 hours.

Today's Top Gainers are Voyager Token, Cosmos, and Chiliz

Thanks to a 15.47% price increase, Voyager Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Cosmos came in second place, with 24-hour gains of 10.12%. Chiliz, Quant and Terra Classic complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Celsius Network, Tenset, and Ravencoin

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Celsius Network, which saw a loss of -18.75%. Tenset also didn't perform well, as its price declined by -16.79% in the last 24 hours. Ravencoin, Rocket Pool and Polymath round out today's top 5 worst performers.

Coin of the Day is Cosmos

Thanks to its impressive 10.12% performance, Cosmos is today's coin of the day! Cosmos is currently trading at $ 14.95. Learn more about Cosmos and its position in the market on our Cosmos price prediction page.

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

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