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USTC up +15.06%, BTC -0.59%, TerraClassicUSD is The Coin of The Day - Daily Market Update for Oct 20, 2022


coincodex.com 20 October 2022 08:01, UTC
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap decreased from $ 940.52B to $ 936.12B in the past 24 hours, representing a -0.47% change
  • The Bitcoin price at press time is $ 19,142 after falling by -0.59% in the last 24 hours
  • The total crypto trading volume decreased by -0.47% in the past 24 hours, and is currently at $ 213.43B
  • All prices and changes are presented at the time of publication: October 20, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 936.12B after a -0.47% decrease on the day. The total crypto trading volume declined by -0.47% in the same time frame.

Bitcoin is trading at $ 19,142 after seeing a -0.59% loss in the last 24 hours. The Bitcoin dominance fell by -0.06% and BTC currently represents 39.19% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 366.85B after losing -0.59% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.40% and reach $ 19,065 by October 25, 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 $ 1,292.48 and has a market capitalization of $ 158.44B. ETH decreased by -0.68% 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 82% of coins lost value in the last 24 hours.

Today's Top Gainers are TerraClassicUSD, Balancer, and Chain

Thanks to a 15.06% price increase, TerraClassicUSD was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Balancer came in second place, with 24-hour gains of 10.26%. Chain, Mdex and APENFT complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Green Metaverse Token, Axie Infinity, and Klaytn

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Green Metaverse Token, which saw a loss of -5.95%. Axie Infinity also didn't perform well, as its price declined by -6.78% in the last 24 hours. Klaytn, GALA and Chiliz round out today's top 5 worst performers.

Coin of the Day is TerraClassicUSD

Thanks to its impressive 15.06% performance, TerraClassicUSD is today's coin of the day! TerraClassicUSD is currently trading at $ 0.039369. Learn more about TerraClassicUSD and its position in the market on our TerraClassicUSD price prediction page.

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

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