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LDO up +53.83%, BTC +3.50%, Lido DAO Token is The Coin of The Day - Daily Market Update for Jul 17, 2022

source-logo  coincodex.com 17 July 2022 10:00, UTC

Key highlights:

  • The total cryptocurrency market cap increased from $ 958.86B to $ 1.01T in the past 24 hours, representing a 5.12% change
  • The Bitcoin price at press time is $ 21,354 after growing by 3.50% in the last 24 hours
  • The total crypto trading volume increased by 5.12% in the past 24 hours, and is currently at $ 261.86B
  • All prices and changes are presented at the time of publication: July 17, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.01T after a 5.12% increase on the day. The total crypto trading volume increased by 5.12% in the same time frame.

Bitcoin is trading at $ 21,354 after seeing a 3.50% gain in the last 24 hours.The Bitcoin dominance fell by -0.49% and BTC currently represents 40.46% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 407.77B after gaining 3.50% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.26% and reach $ 21,624 by July 22, 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 $ 1,360.62 and has a market capitalization of $ 165.42B. ETH increased by 11.60% 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.

  • Avalanche, which was previously ranked 12, is ranked at 10.

Bulls Dominate the Market Today

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

Today's Top Gainers are Lido DAO Token, Ethereum Classic, and LooksRare

Thanks to a 53.83% price increase, Lido DAO Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ethereum Classic came in second place, with 24-hour gains of 25.60%. LooksRare, Bitcoin Gold and Rocket Pool complete today's list of the top cryptocurrency gainers.

Today's Top Losers are TerraClassicUSD, BORA, and Chain

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was TerraClassicUSD, which saw a loss of -8.31%. BORA also didn't perform well, as its price declined by -2.15% in the last 24 hours. Chain, Terra Classic and Serum round out today's top 5 worst performers.

Coin of the Day is Lido DAO Token

Thanks to its impressive 53.83% performance, Lido DAO Token is today's coin of the day! Lido DAO Token is currently trading at $ 1.65. Learn more about Lido DAO Token and its position in the market on our Lido DAO Token price prediction page.

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

coincodex.com