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KLAY up +28.21%, BTC +0.09%, Klaytn is The Coin of The Day – Daily Market Update for Jan 16, 2024 | CoinCodex

Key highlights:

  • The whole cryptocurrency market cap decreased from $ 1.69T to $ 1.69T up to now 24 hours, representing a -0.19% change
  • The Bitcoin worth at press time is $ 42,776 after rising by 0.09% within the final 24 hours
  • The whole crypto buying and selling quantity decreased by -0.19% up to now 24 hours, and is presently at $ 180.83B
  • All costs and adjustments are offered on the time of publication: January 16, 2024, at 06:00 UTC

Market Overview

The whole cryptocurrency market cap is presently $ 1.69T after a -0.19% lower on the day. The whole crypto buying and selling quantity declined by -0.19% in the identical time-frame.

Bitcoin is buying and selling at $ 42,776 after seeing a 0.09% achieve within the final 24 hours. The Bitcoin dominance grew by 0.20% and BTC presently represents 49.64% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 838.40B after gaining 0.09% within the final 24 hours. Based on our forecast, the worth of Bitcoin will drop by -6.54% and attain $ 39,978 by January 21, 2024. 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 $ 2,534.29 and has a market capitalization of $ 304.57B. ETH elevated by 0.50% within the final 24 hours. For those who’re keen on the place the value of Ethereum might head subsequent, try the Ethereum worth prediction.

Bears Dominate the Market At present

The bears dominated the market in the present day as 83% of cash misplaced worth within the final 24 hours.

See also  BCH up +36.62%, BTC +2.31%, Bitcoin Cash is The Coin of The Day - Daily Market Update for Jun 24, 2023 | CoinCodex

At present’s Prime Gainers are Klaytn, Flare, and XAIToken

Because of a 28.21% worth improve, Klaytn was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. Flare got here in second place, with 24-hour good points of 26.02%. XAIToken, FINSCHIA and Ribbon Finance full in the present day’s listing of the highest cryptocurrency gainers.

At present’s Prime Losers are Dogwifhat, Threshold Community Token, and Aptos

Sadly, not all cash carried out nicely in the present day. The worst performer within the cryptocurrency high 200 was Dogwifhat, which noticed a lack of -22.17%. Threshold Community Token additionally did not carry out nicely, as its worth declined by -20.25% within the final 24 hours. Aptos, Ethereum Title Service and Sui Crypto spherical out in the present day’s high 5 worst performers.

XAIToken reached new All-Time Excessive after gaining +53.27% within the final month

The next cash within the cryptocurrency high 200 hit new all-time excessive costs in the present day:

Congratulations to the HODLers!

Coin of the Day is Klaytn

Because of its spectacular 28.21% efficiency, Klaytn is in the present day’s coin of the day! Klaytn is presently buying and selling at $ 0.247738. Be taught extra about Klaytn and its place available in the market on our Klaytn worth prediction web page.

Our technical indicators present that the present Klaytn sentiment is Impartial.

Purchase/Promote Klaytn

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