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RNDR up +4.74%, BTC +0.30%, Render Token is The Coin of The Day - Daily Market Update for Apr 12, 2023

source-logo  coincodex.com 12 April 2023 07:55, UTC

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.24T to $ 1.22T in the past 24 hours, representing a -1.51% change
  • The Bitcoin price at press time is $ 29,920 after growing by 0.30% in the last 24 hours
  • The total crypto trading volume decreased by -1.51% in the past 24 hours, and is currently at $ 173.11B
  • All prices and changes are presented at the time of publication: April 12, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.22T after a -1.51% decrease on the day. The total crypto trading volume declined by -1.51% in the same time frame.

Bitcoin is trading at $ 29,920 after seeing a 0.30% gain in the last 24 hours. The Bitcoin dominance grew by 0.50% and BTC currently represents 47.52% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 578.52B after gaining 0.30% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -9.39% and reach $ 27,110 by April 17, 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 $ 1,866.71 and has a market capitalization of $ 224.86B. ETH decreased by -2.43% 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.

  • Solana, which was previously ranked 8, is ranked at 7.
  • Polygon, which was previously ranked 7, is ranked at 8.

Bears Dominate the Market Today

The bears dominated the market today as 83% of coins lost value in the last 24 hours.

Today's Top Gainers are Render Token, Solana, and Audius

Thanks to a 4.74% price increase, Render Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Solana came in second place, with 24-hour gains of 3.13%. Audius, Injective and yearn.finance complete today's list of the top cryptocurrency gainers.

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

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Lido DAO Token, which saw a loss of -9.16%. Kaspa also didn't perform well, as its price declined by -10.09% in the last 24 hours. Rocket Pool, Conflux Network and SSV Network round out today's top 5 worst performers.

Coin of the Day is Render Token

Thanks to its impressive 4.74% performance, Render Token is today's coin of the day! Render Token is currently trading at $ 1.60. Learn more about Render Token and its position in the market on our Render Token price prediction page.

Our technical indicators show that the current Render Token sentiment is Bullish.

coincodex.com