ENS up +12.95%, BTC +0.58%, Ethereum Name Service is The Coin of The Day – Daily Market Update for Jan 26, 2024 | CoinCodex

Key highlights:

• The entire cryptocurrency market cap decreased from $ 1.57T to $ 1.56T prior to now 24 hours, representing a -0.41% change
• The Bitcoin worth at press time is $ 40,106 after rising by 0.58% within the final 24 hours
• The entire crypto buying and selling quantity decreased by -0.41% prior to now 24 hours, and is at present at $ 157.44B
• All costs and modifications are introduced on the time of publication: January 26, 2024, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is at present $ 1.56T after a -0.41% lower on the day. The entire crypto buying and selling quantity declined by -0.41% in the identical timeframe.

Bitcoin is buying and selling at $ 40,106 after seeing a 0.58% achieve within the final 24 hours. The Bitcoin dominance grew by 0.22% and BTC at present represents 50.32% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 786.43B after gaining 0.58% within the final 24 hours. In keeping with our forecast, the worth of Bitcoin will drop by -1.58% and attain $ 39,471 by January 31, 2024. To study extra about how the worth of Bitcoin may change over the following 7 days, go to our Bitcoin worth prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 2,226.93 and has a market capitalization of $ 267.63B. ETH elevated by 0.50% within the final 24 hours. Should you’re fascinated by the place the worth of Ethereum may head subsequent, try the Ethereum worth prediction.

Bears Dominate the Market At this time

The bears dominated the market as we speak as 79% of cash misplaced worth within the final 24 hours.

At this time’s Prime Gainers are Ethereum Title Service, Dogwifhat, and Chromia

Due to a 12.95% worth improve, Ethereum Title Service was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. Dogwifhat got here in second place, with 24-hour positive factors of 10.35%. Chromia, Optimism and Lido DAO Token full as we speak’s checklist of the highest cryptocurrency gainers.

At this time’s Prime Losers are NEM, Huobi Token, and Sui Crypto

Sadly, not all cash carried out nicely as we speak. The worst performer within the cryptocurrency high 200 was NEM, which noticed a lack of -19.08%. Huobi Token additionally did not carry out nicely, as its worth declined by -6.46% within the final 24 hours. Sui Crypto, Helium Cellular and Kadena spherical out as we speak’s high 5 worst performers.

Pendle reached new All-Time Excessive after gaining +126.96% within the final month

The next cash within the cryptocurrency high 200 hit new all-time excessive costs as we speak:

Congratulations to the HODLers!

Coin of the Day is Ethereum Title Service

Due to its spectacular 12.95% efficiency, Ethereum Title Service is as we speak’s coin of the day! Ethereum Title Service is at present buying and selling at $ 19.60. Study extra about Ethereum Title Service and its place available in the market on our Ethereum Title Service worth prediction web page.

Our technical indicators present that the present Ethereum Title Service sentiment is Bullish.

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