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SNM up +21.91%, BTC +1.06%, ApeCoin is The Coin of The Day - Daily Market Update for Sep 18, 2022

Analytics

coincodex.com 18 September 2022 10:00, UTC
  
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap increased from $ 989.33B to $ 999.95B in the past 24 hours, representing a 1.07% change
  • The Bitcoin price at press time is $ 20,069 after growing by 1.06% in the last 24 hours
  • The total crypto trading volume increased by 1.07% in the past 24 hours, and is currently at $ 170.97B
  • All prices and changes are presented at the time of publication: September 18, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 999.95B after a 1.07% increase on the day. The total crypto trading volume increased by 1.07% in the same time frame.

Bitcoin is trading at $ 20,069 after seeing a 1.06% gain in the last 24 hours. The Bitcoin dominance fell by -0.01% and BTC currently represents 38.44% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 384.39B after gaining 1.06% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -2.94% and reach $ 19,478 by September 23, 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 $ 1,482.52 and has a market capitalization of $ 181.48B. ETH increased by 1.92% 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 60% of coins lost value in the last 24 hours.

Today's Top Gainers are SONM, ApeCoin, and Chiliz

Thanks to a 21.91% price increase, SONM was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. ApeCoin came in second place, with 24-hour gains of 18.03%. Chiliz, Lido DAO Token and XRP complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Ergo, DeFiChain, and Marinade staked SOL

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Ergo, which saw a loss of -7.88%. DeFiChain also didn't perform well, as its price declined by -2.23% in the last 24 hours. Marinade staked SOL, Golem and PAX Gold round out today's top 5 worst performers.

Coin of the Day is ApeCoin

Thanks to its impressive 18.03% performance, ApeCoin is today's coin of the day! ApeCoin is currently trading at $ 5.60. Learn more about ApeCoin and its position in the market on our ApeCoin price prediction page.

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


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