HNT up +46.04%, BTC +4.18%, Helium is The Coin of The Day – Daily Market Update for Dec 06, 2023 | CoinCodex

Key highlights:

• The entire cryptocurrency market cap elevated from $ 1.55T to $ 1.62T previously 24 hours, representing a 4.55% change
• The Bitcoin worth at press time is $ 43,662 after rising by 4.18% within the final 24 hours
• The entire crypto buying and selling quantity elevated by 4.55% previously 24 hours, and is at present at $ 278.93B
• All costs and modifications are offered on the time of publication: December 6, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is at present $ 1.62T after a 4.55% enhance on the day. The entire crypto buying and selling quantity elevated by 4.55% in the identical time-frame.

Bitcoin is buying and selling at $ 43,662 after seeing a 4.18% acquire within the final 24 hours. The Bitcoin dominance grew by 0.20% and BTC at present represents 52.57% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 854.12B after gaining 4.18% within the final 24 hours. In keeping with our forecast, the worth of Bitcoin will drop by -6.00% and attain $ 41,042 by December 11, 2023. To study 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 $ 2,271.07 and has a market capitalization of $ 273.04B. ETH elevated by 1.51% within the final 24 hours. Should you’re concerned with the place the worth of Ethereum might head subsequent, try the Ethereum worth prediction.

There have been additionally some modifications at this time within the rating among the many prime 10 largest cash by market cap.

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

Bears Dominate the Market Immediately

The bears dominated the market at this time as 76% of cash misplaced worth within the final 24 hours.

Immediately’s Prime Gainers are Helium, Bonk, and Celestia

Because of a 46.04% worth enhance, Helium was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. Bonk got here in second place, with 24-hour features of 24.16%. Celestia, Casper and Avalanche full at this time’s checklist of the highest cryptocurrency gainers.

Immediately’s Prime Losers are IoTeX, TerraClassicUSD, and Terra Basic

Sadly, not all cash carried out nicely at this time. The worst performer within the cryptocurrency prime 200 was IoTeX, which noticed a lack of -15.32%. TerraClassicUSD additionally did not carry out nicely, as its worth declined by -12.21% within the final 24 hours. Terra Basic, Ankr Community and SuperFarm spherical out at this time’s prime 5 worst performers.

Celestia reached new All-Time Excessive after gaining +353.00% within the final month, 3 different cryptocurrencies reached a brand new ATH within the final 24 hours

The next cash within the cryptocurrency prime 200 hit new all-time excessive costs at this time:

Immediately 4 cryptocurrencies reached a brand new ATH. Amongst the highest gainers was Celestia that reached a brand new ATH after gaining +20.81% within the final 24 hours. Different crypto property that reached ATH within the final 24 hours are CBETH, BONK and MEME.

Congratulations to the HODLers!

Coin of the Day is Helium

Because of its spectacular 46.91% efficiency, Helium is at this time’s coin of the day! Helium is at present buying and selling at $ 4.08. Study extra about Helium and its place available in the market on our Helium worth prediction web page.

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

Purchase/Promote Helium