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HT up +12.85%, BTC -2.54%, Huobi Token is The Coin of The Day - Daily Market Update for Nov 22, 2022


coincodex.com 22 November 2022 07:51, UTC
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap decreased from $ 816.43B to $ 801.16B in the past 24 hours, representing a -1.87% change
  • The Bitcoin price at press time is $ 15,806 after falling by -2.54% in the last 24 hours
  • The total crypto trading volume decreased by -1.87% in the past 24 hours, and is currently at $ 204.60B
  • All prices and changes are presented at the time of publication: November 22, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 801.16B after a -1.87% decrease on the day. The total crypto trading volume declined by -1.87% in the same time frame.

Bitcoin is trading at $ 15,806 after seeing a -2.54% loss in the last 24 hours. The Bitcoin dominance fell by -0.23% and BTC currently represents 37.90% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 303.63B after losing -2.54% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -5.01% and reach $ 15,015 by November 27, 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 $ 1,099.91 and has a market capitalization of $ 134.60B. ETH decreased by -3.08% 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.

  • TRON, which was previously ranked 11, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 86% of coins lost value in the last 24 hours.

Today's Top Gainers are Huobi Token, Celo, and Braintrust

Thanks to a 12.85% price increase, Huobi Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Celo came in second place, with 24-hour gains of 9.69%. Braintrust, Astar and BinaryX complete today's list of the top cryptocurrency gainers.

Today's Top Losers are SONM, UNUS SED LEO, and Chiliz

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was SONM, which saw a loss of -19.97%. UNUS SED LEO also didn't perform well, as its price declined by -15.83% in the last 24 hours. Chiliz, Algorand and Secret round out today's top 5 worst performers.

Coin of the Day is Huobi Token

Thanks to its impressive 12.85% performance, Huobi Token is today's coin of the day! Huobi Token is currently trading at $ 4.97. Learn more about Huobi Token and its position in the market on our Huobi Token price prediction page.

Our technical indicators show that the current Huobi Token sentiment is Bearish.

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