INJ up +17.66%, BTC -4.13%, Injective is The Coin of The Day – Daily Market Update for Dec 11, 2023 | CoinCodex
Key highlights:
- The overall cryptocurrency market cap elevated from $ 1.65T to $ 1.65T up to now 24 hours, representing a 0.02% change
- The Bitcoin worth at press time is $ 42,074 after falling by -4.13% within the final 24 hours
- The overall crypto buying and selling quantity elevated by 0.02% up to now 24 hours, and is at present at $ 163.75B
- All costs and adjustments are offered on the time of publication: December 11, 2023, at 06:00 UTC
Market Overview
The overall cryptocurrency market cap is at present $ 1.65T after a 0.02% enhance on the day. The overall crypto buying and selling quantity elevated by 0.02% in the identical time-frame.
Bitcoin is buying and selling at $ 42,074 after seeing a -4.13% loss within the final 24 hours. The Bitcoin dominance fell by -2.06% and BTC at present represents 49.75% of the cryptocurrency market.
High Cash By Market Cap
At press time, Bitcoin has a market capitalization of $ 823.24B after dropping -4.13% within the final 24 hours. In keeping with our forecast, the worth of Bitcoin will elevate by 2.52% and attain $ 43,134 by December 16, 2023. To be taught extra about how the worth of Bitcoin might change over the subsequent 7 days, go to our Bitcoin worth prediction web page.
Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 2,260.94 and has a market capitalization of $ 271.80B. ETH decreased by -4.40% within the final 24 hours. Should you’re all in favour of the place the worth of Ethereum might head subsequent, try the Ethereum worth prediction.
Bears Dominate the Market At this time
The bears dominated the market in the present day as 90% of cash misplaced worth within the final 24 hours.
At this time’s High Gainers are Injective, BitTorrent, and Echelon Prime
Because of a 17.66% worth enhance, Injective was the largest gainer of the day among the many high 200 cryptocurrencies by market cap. BitTorrent got here in second place, with 24-hour beneficial properties of 17.37%. Echelon Prime, Helium and Tellor full in the present day’s record of the highest cryptocurrency gainers.
At this time’s High Losers are Jito, Memecoin, and 0x
Sadly, not all cash carried out nicely in the present day. The worst performer within the cryptocurrency high 200 was Jito, which noticed a lack of -12.95%. Memecoin additionally did not carry out nicely, as its worth declined by -11.90% within the final 24 hours. 0x, Ethereum PoW and Enjin Coin spherical out in the present day’s high 5 worst performers.
Coin of the Day is Injective
Because of its spectacular 17.66% efficiency, Injective is in the present day’s coin of the day! Injective is at present buying and selling at $ 22.41. Be taught extra about Injective and its place out there on our Injective worth prediction web page.
Our technical indicators present that the present Injective sentiment is Bullish.
Purchase/Promote Injective
