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NU up +22.43%, BTC +6.81%, Flow is The Coin of The Day - Daily Market Update for Jul 20, 2022

source-logo  coincodex.com 20 July 2022 08:41, UTC

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.06T to $ 1.10T in the past 24 hours, representing a 4.04% change
  • The Bitcoin price at press time is $ 23,499 after growing by 6.81% in the last 24 hours
  • The total crypto trading volume increased by 4.04% in the past 24 hours, and is currently at $ 376.07B
  • All prices and changes are presented at the time of publication: July 20, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.10T after a 4.04% increase on the day. The total crypto trading volume increased by 4.04% in the same time frame.

Bitcoin is trading at $ 23,499 after seeing a 6.81% gain in the last 24 hours.The Bitcoin dominance grew by 1.08% and BTC currently represents 40.82% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 448.79B after gaining 6.81% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -5.71% and reach $ 22,156 by July 25, 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 $ 1,578.69 and has a market capitalization of $ 192.00B. ETH increased by 2.47% 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.

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

Bulls Dominate the Market Today

The bulls dominated the market today as 80% of coins gained value in the last 24 hours.

Today's Top Gainers are NuCypher, Flow, and MaidSafeCoin

Thanks to a 22.43% price increase, NuCypher was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Flow came in second place, with 24-hour gains of 21.25%. MaidSafeCoin, dYdX and Moonbeam complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Blox, Nexo, and GMX

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Blox, which saw a loss of -25.28%. Nexo also didn't perform well, as its price declined by -10.83% in the last 24 hours. GMX, Siacoin and Chain round out today's top 5 worst performers.

Coin of the Day is Flow

Thanks to its impressive 21.25% performance, Flow is today's coin of the day! Flow is currently trading at $ 2.06. Learn more about Flow and its position in the market on our Flow price prediction page.

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

coincodex.com