PENDLE up +9.71%, BTC -2.06%, PancakeSwap is The Coin of The Day – Daily Market Update for Jun 26, 2023 | CoinCodex

Key highlights:

• The entire cryptocurrency market cap decreased from $ 1.21T to $ 1.19T up to now 24 hours, representing a -1.87% change
• The Bitcoin value at press time is $ 30,215 after falling by -2.06% within the final 24 hours
• The entire crypto buying and selling quantity decreased by -1.87% up to now 24 hours, and is presently at $ 183.92B
• All costs and adjustments are introduced on the time of publication: June 26, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is presently $ 1.19T after a -1.87% lower on the day. The entire crypto buying and selling quantity declined by -1.87% in the identical timeframe.

Bitcoin is buying and selling at $ 30,215 after seeing a -2.06% loss within the final 24 hours. The Bitcoin dominance fell by -0.14% and BTC presently represents 49.33% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 586.39B after shedding -2.06% within the final 24 hours. In keeping with our forecast, the worth of Bitcoin will increase by 0.06% and attain $ 30,232 by July 1, 2023. To be taught extra about how the value of Bitcoin might change over the following 7 days, go to our Bitcoin value prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,875.58 and has a market capitalization of $ 225.87B. ETH decreased by -1.64% within the final 24 hours. In case you’re desirous about the place the value of Ethereum might head subsequent, try the Ethereum value prediction.

There have been additionally some adjustments right this moment within the rating among the many high 10 largest cash by market cap.

• TRON, which was beforehand ranked 8, is ranked at 7.
• Solana, which was beforehand ranked 7, is ranked at 8.

Bears Dominate the Market In the present day

The bears dominated the market right this moment as 89% of cash misplaced worth within the final 24 hours.

In the present day’s High Gainers are Pendle, PancakeSwap, and Monero

Because of a 9.71% value enhance, Pendle was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. PancakeSwap got here in second place, with 24-hour positive aspects of 6.30%. Monero, Uniswap and Synthetix full right this moment’s checklist of the highest cryptocurrency gainers.

In the present day’s High Losers are Waves, Celo, and Compound

Sadly, not all cash carried out properly right this moment. The worst performer within the cryptocurrency high 200 was Waves, which noticed a lack of -13.97%. Celo additionally did not carry out properly, as its value declined by -8.80% within the final 24 hours. Compound, ICON and Theta Token spherical out right this moment’s high 5 worst performers.

Coin of the Day is PancakeSwap

Because of its spectacular 6.30% efficiency, PancakeSwap is right this moment’s coin of the day! PancakeSwap is presently buying and selling at $ 1.55. Be taught extra about PancakeSwap and its place out there on our PancakeSwap value prediction web page.

Our technical indicators present that the present PancakeSwap sentiment is Bearish.

Purchase/Promote PancakeSwap