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SKL up +51.12%, BTC -0.59%, Riskmoon is The Coin of The Day - Daily Market Update for Feb 11, 2023

source-logo  coincodex.com 11 February 2023 10:01, UTC

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.04T to $ 1.03T in the past 24 hours, representing a -0.51% change
  • The Bitcoin price at press time is $ 21,675 after falling by -0.59% in the last 24 hours
  • The total crypto trading volume decreased by -0.51% in the past 24 hours, and is currently at $ 269.07B
  • All prices and changes are presented at the time of publication: February 11, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.03T after a -0.51% decrease on the day. The total crypto trading volume declined by -0.51% in the same time frame.

Bitcoin is trading at $ 21,675 after seeing a -0.59% loss in the last 24 hours. The Bitcoin dominance fell by -0.10% and BTC currently represents 40.42% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 416.52B after losing -0.59% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -10.59% and reach $ 19,380 by February 16, 2023. 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 $ 1,523.96 and has a market capitalization of $ 186.49B. ETH decreased by -1.63% 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 78% of coins lost value in the last 24 hours.

Today's Top Gainers are SKALE, WEMIX Token, and Riskmoon

Thanks to a 51.12% price increase, SKALE was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. WEMIX Token came in second place, with 24-hour gains of 24.41%. Riskmoon, Celer Network and Mina Protocol complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Frax Share, Lido DAO Token, and Rocket Pool

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Frax Share, which saw a loss of -14.61%. Lido DAO Token also didn't perform well, as its price declined by -15.14% in the last 24 hours. Rocket Pool, SSV Network and OriginTrail round out today's top 5 worst performers.

Coin of the Day is Riskmoon

Thanks to its impressive 24.98% performance, Riskmoon is today's coin of the day! Riskmoon is currently trading at $ 0.0000004. Learn more about Riskmoon and its position in the market on our Riskmoon price prediction page.

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

coincodex.com