BONK up +34.54%, BTC +1.70%, Synthetix is The Coin of The Day – Daily Market Update for Nov 20, 2023 | CoinCodex

Key highlights:

• The full cryptocurrency market cap elevated from $ 1.41T to $ 1.43T up to now 24 hours, representing a 1.62% change
• The Bitcoin worth at press time is $ 37,133 after rising by 1.70% within the final 24 hours
• The full crypto buying and selling quantity elevated by 1.62% up to now 24 hours, and is at present at $ 174.17B
• All costs and modifications are offered on the time of publication: November 20, 2023, at 06:00 UTC

Market Overview

The full cryptocurrency market cap is at present $ 1.43T after a 1.62% improve on the day. The full crypto buying and selling quantity elevated by 1.62% in the identical time-frame.

Bitcoin is buying and selling at $ 37,133 after seeing a 1.70% achieve within the final 24 hours. The Bitcoin dominance fell by -0.14% and BTC at present represents 50.80% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 725.85B after gaining 1.70% within the final 24 hours. Based on our forecast, the worth of Bitcoin will drop by -12.16% and attain $ 32,619 by November 25, 2023. To be taught extra about how the worth of Bitcoin may 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 $ 2,007.94 and has a market capitalization of $ 241.46B. ETH elevated by 2.24% within the final 24 hours. If you happen to’re excited about the place the worth of Ethereum may head subsequent, try the Ethereum worth prediction.

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

• Chainlink, which was beforehand ranked 10, is ranked at 9.
• Toncoin, which was beforehand ranked 9, is ranked at 10.

Bears Dominate the Market At present

The bears dominated the market right this moment as 75% of cash misplaced worth within the final 24 hours.

At present’s High Gainers are Bonk, Synthetix, and SKALE

Due to a 34.54% worth improve, Bonk was the largest gainer of the day among the many high 200 cryptocurrencies by market cap. Synthetix got here in second place, with 24-hour good points of 21.22%. SKALE, Telcoin and SingularityNET full right this moment’s checklist of the highest cryptocurrency gainers.

At present’s High Losers are Beldex, Rollbit Coin, and Celestia

Sadly, not all cash carried out properly right this moment. The worst performer within the cryptocurrency high 200 was Beldex, which noticed a lack of -9.03%. Rollbit Coin additionally did not carry out properly, as its worth declined by -8.71% within the final 24 hours. Celestia, Render Token and dYdX spherical out right this moment’s high 5 worst performers.

Bonk reached new All-Time Excessive after gaining +2,256.00% within the final month

The next cash within the cryptocurrency high 200 hit new all-time excessive costs right this moment:

• Bonk’s new ATH is $ 0.000005

Congratulations to the HODLers!

Coin of the Day is Synthetix

Due to its spectacular 21.22% efficiency, Synthetix is right this moment’s coin of the day! Synthetix is at present buying and selling at $ 3.57. Study extra about Synthetix and its place out there on our Synthetix worth prediction web page.

Our technical indicators present that the present Synthetix sentiment is Bullish.

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