IOTX up +26.47%, BTC +1.88%, IoTeX is The Coin of The Day – Daily Market Update for Dec 21, 2023 | CoinCodex

Key highlights:

• The entire cryptocurrency market cap elevated from $ 1.63T to $ 1.64T previously 24 hours, representing a 0.81% change
• The Bitcoin worth at press time is $ 43,512 after rising by 1.88% within the final 24 hours
• The entire crypto buying and selling quantity elevated by 0.81% previously 24 hours, and is at present at $ 238.59B
• All costs and adjustments are introduced on the time of publication: December 21, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is at present $ 1.64T after a 0.81% improve on the day. The entire crypto buying and selling quantity elevated by 0.81% in the identical timeframe.

Bitcoin is buying and selling at $ 43,512 after seeing a 1.88% acquire within the final 24 hours. The Bitcoin dominance grew by 0.38% and BTC at present represents 51.99% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 851.80B after gaining 1.88% within the final 24 hours. In line with our forecast, the worth of Bitcoin will drop by -4.47% and attain $ 41,569 by December 26, 2023. To study extra about how the value of Bitcoin might 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 $ 2,199.46 and has a market capitalization of $ 260.66B. ETH decreased by -0.61% within the final 24 hours. If you happen to’re thinking about the place the value of Ethereum might head subsequent, try the Ethereum worth prediction.

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

• Solana, which was beforehand ranked 5, is ranked at 4.
• XRP, which was beforehand ranked 4, is ranked at 5.

Bears Dominate the Market As we speak

The bears dominated the market at this time as 80% of cash misplaced worth within the final 24 hours.

As we speak’s Prime Gainers are IoTeX, Raydium, and Storj

Due to a 26.47% worth improve, IoTeX was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. Raydium got here in second place, with 24-hour features of 23.92%. Storj, Axelar and Bounce Token full at this time’s checklist of the highest cryptocurrency gainers.

As we speak’s Prime Losers are Helium, Tellor, and Oasis Community

Sadly, not all cash carried out properly at this time. The worst performer within the cryptocurrency prime 200 was Helium, which noticed a lack of -8.38%. Tellor additionally did not carry out properly, as its worth declined by -8.22% within the final 24 hours. Oasis Community, Gnosis and Neutron spherical out at this time’s prime 5 worst performers.

Coin of the Day is IoTeX

Due to its spectacular 26.47% efficiency, IoTeX is at this time’s coin of the day! IoTeX is at present buying and selling at $ 0.062643. Be taught extra about IoTeX and its place available in the market on our IoTeX worth prediction web page.

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

Purchase/Promote IoTeX