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ELON up +23.86%, BTC +1.89%, Cronos is The Coin of The Day - Daily Market Update for Dec 05, 2022

Analytics

coincodex.com 05 December 2022 07:31, UTC
  
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap increased from $ 870.14B to $ 885.07B in the past 24 hours, representing a 1.72% change
  • The Bitcoin price at press time is $ 17,337 after growing by 1.89% in the last 24 hours
  • The total crypto trading volume increased by 1.72% in the past 24 hours, and is currently at $ 113.43B
  • All prices and changes are presented at the time of publication: December 5, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 885.07B after a 1.72% increase on the day. The total crypto trading volume increased by 1.72% in the same time frame.

Bitcoin is trading at $ 17,337 after seeing a 1.89% gain in the last 24 hours. The Bitcoin dominance grew by 0.03% and BTC currently represents 37.64% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 333.16B after gaining 1.89% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 21.28% and reach $ 21,026 by December 10, 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 $ 1,296.83 and has a market capitalization of $ 158.70B. ETH increased by 2.89% 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 65% of coins lost value in the last 24 hours.

Today's Top Gainers are Dogelon Mars, Cronos, and WEMIX Token

Thanks to a 23.86% price increase, Dogelon Mars was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Cronos came in second place, with 24-hour gains of 13.03%. WEMIX Token, Telcoin and Hooked Protocol complete today's list of the top cryptocurrency gainers.

Today's Top Losers are BinaryX, Beldex, and Braintrust

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was BinaryX, which saw a loss of -18.28%. Beldex also didn't perform well, as its price declined by -6.97% in the last 24 hours. Braintrust, Render Token and Bitcoin Gold round out today's top 5 worst performers.

Coin of the Day is Cronos

Thanks to its impressive 13.03% performance, Cronos is today's coin of the day! Cronos is currently trading at $ 0.072461. Learn more about Cronos and its position in the market on our Cronos price prediction page.

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


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