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GMX up +12.63%, BTC -2.27%, Compound Dai is The Coin of The Day - Daily Market Update for Jul 13, 2022

source-logo  coincodex.com 13 July 2022 09:01, UTC

Key highlights:

  • The total cryptocurrency market cap decreased from $ 921.57B to $ 903.64B in the past 24 hours, representing a -1.95% change
  • The Bitcoin price at press time is $ 19,525 after falling by -2.27% in the last 24 hours
  • The total crypto trading volume decreased by -1.95% in the past 24 hours, and is currently at $ 180.75B
  • All prices and changes are presented at the time of publication: July 13, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 903.64B after a -1.95% decrease on the day. The total crypto trading volume declined by -1.95% in the same time frame.

Bitcoin is trading at $ 19,525 after seeing a -2.27% loss in the last 24 hours.The Bitcoin dominance grew by 0.01% and BTC currently represents 41.25% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 372.78B after losing -2.27% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 18.75% and reach $ 23,186 by July 18, 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 $ 1,064.86 and has a market capitalization of $ 129.41B. ETH decreased by -2.59% 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.

  • XRP, which was previously ranked 5, is ranked at 4.
  • Cardano, which was previously ranked 4, is ranked at 5.

Bulls Dominate the Market Today

The bulls dominated the market today as 53% of coins gained value in the last 24 hours.

Today's Top Gainers are GMX, WINkLink, and Nervos Network

Thanks to a 12.63% price increase, GMX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. WINkLink came in second place, with 24-hour gains of 10.74%. Nervos Network, Compound Dai and Secret complete today's list of the top cryptocurrency gainers.

Today's Top Losers are aelf, Trust Wallet Token, and Compound Ether

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was aelf, which saw a loss of -23.41%. Trust Wallet Token also didn't perform well, as its price declined by -10.29% in the last 24 hours. Compound Ether, ECOMI and Orbs round out today's top 5 worst performers.

Coin of the Day is Compound Dai

Thanks to its impressive 6.35% performance, Compound Dai is today's coin of the day! Compound Dai is currently trading at $ 0.022052. Learn more about Compound Dai and its position in the market on our Compound Dai price prediction page.

Our technical indicators show that the current Compound Dai sentiment is Bullish.

coincodex.com