KCS up +28.09%, BTC -1.14%, KuCoin Token is The Coin of The Day – Daily Market Update for Dec 12, 2023 | CoinCodex

Key highlights:

• The full cryptocurrency market cap decreased from $ 1.60T to $ 1.59T prior to now 24 hours, representing a -0.59% change
• The Bitcoin worth at press time is $ 41,566 after falling by -1.14% within the final 24 hours
• The full crypto buying and selling quantity decreased by -0.59% prior to now 24 hours, and is at present at $ 321.65B
• All costs and adjustments are offered on the time of publication: December 12, 2023, at 06:00 UTC

Market Overview

The full cryptocurrency market cap is at present $ 1.59T after a -0.59% lower on the day. The full crypto buying and selling quantity declined by -0.59% in the identical timeframe.

Bitcoin is buying and selling at $ 41,566 after seeing a -1.14% loss within the final 24 hours. The Bitcoin dominance fell by -0.49% and BTC at present represents 51.25% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 813.34B after dropping -1.14% within the final 24 hours. In accordance with our forecast, the worth of Bitcoin will increase by 1.44% and attain $ 42,165 by December 17, 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 $ 2,230.67 and has a market capitalization of $ 268.16B. ETH decreased by -1.29% within the final 24 hours. In case you’re inquisitive about the place the worth of Ethereum may head subsequent, take a look at the Ethereum worth prediction.

There have been additionally some adjustments as we speak within the rating among the many prime 10 largest cash by market cap.

• Avalanche, which was beforehand ranked 8, is ranked at 7.
• Dogecoin, which was beforehand ranked 7, is ranked at 8.

Bears Dominate the Market Right this moment

The bears dominated the market as we speak as 83% of cash misplaced worth within the final 24 hours.

Right this moment’s High Gainers are KuCoin Token, Celestia, and Kujira

Due to a 28.09% worth enhance, KuCoin Token was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. Celestia got here in second place, with 24-hour positive aspects of 23.44%. Kujira, Injective and Rollbit Coin full as we speak’s record of the highest cryptocurrency gainers.

Right this moment’s High Losers are Curve DAO Token, XinFin Community, and Terra

Sadly, not all cash carried out nicely as we speak. The worst performer within the cryptocurrency prime 200 was Curve DAO Token, which noticed a lack of -6.56%. XinFin Community additionally did not carry out nicely, as its worth declined by -4.63% within the final 24 hours. Terra, SuperFarm and Ordinals spherical out as we speak’s prime 5 worst performers.

Injective reached new All-Time Excessive after gaining +54.15% within the final month, 2 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 as we speak:

Right this moment 3 cryptocurrencies reached a brand new ATH. Amongst the highest gainers was Injective that reached a brand new ATH after gaining +19.30% within the final 24 hours. Different crypto property that reached ATH within the final 24 hours are TIA and PRIME.

Congratulations to the HODLers!

Coin of the Day is KuCoin Token

Due to its spectacular 28.09% efficiency, KuCoin Token is as we speak’s coin of the day! KuCoin Token is at present buying and selling at $ 12.65. Study extra about KuCoin Token and its place available in the market on our KuCoin Token worth prediction web page.

Our technical indicators present that the present KuCoin Token sentiment is Bullish.

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