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WLD up +52.15%, BTC -0.87%, Axelar is The Coin of The Day – Daily Market Update for Dec 17, 2023 | CoinCodex

Key highlights:

  • The entire cryptocurrency market cap decreased from $ 1.62T to $ 1.62T prior to now 24 hours, representing a -0.03% change
  • The Bitcoin worth at press time is $ 41,900 after falling by -0.87% within the final 24 hours
  • The entire crypto buying and selling quantity decreased by -0.03% prior to now 24 hours, and is presently at $ 159.82B
  • All costs and modifications are introduced on the time of publication: December 17, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is presently $ 1.62T after a -0.03% lower on the day. The entire crypto buying and selling quantity declined by -0.03% in the identical timeframe.

Bitcoin is buying and selling at $ 41,900 after seeing a -0.87% loss within the final 24 hours. The Bitcoin dominance fell by -0.36% and BTC presently represents 50.72% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 820.07B after shedding -0.87% within the final 24 hours. In line with our forecast, the worth of Bitcoin will drop by -2.72% and attain $ 40,759 by December 22, 2023. To be taught 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 $ 2,224.69 and has a market capitalization of $ 267.41B. ETH decreased by -1.35% within the final 24 hours. If you happen to’re concerned with 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 immediately as 87% of cash misplaced worth within the final 24 hours.

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At present’s Prime Gainers are Worldcoin, Axelar, and Web Laptop

Because of a 52.15% worth enhance, Worldcoin was the largest gainer of the day among the many prime 200 cryptocurrencies by market cap. Axelar got here in second place, with 24-hour positive factors of 26.73%. Web Laptop, Storj and Decentralized Social full immediately’s record of the highest cryptocurrency gainers.

At present’s Prime Losers are Helium, Tellor, and FTX Token

Sadly, not all cash carried out effectively immediately. The worst performer within the cryptocurrency prime 200 was Helium, which noticed a lack of -21.64%. Tellor additionally did not carry out effectively, as its worth declined by -16.70% within the final 24 hours. FTX Token, Bonk and Echelon Prime spherical out immediately’s prime 5 worst performers.

MicroPets reached new All-Time Excessive after gaining +135.00% 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 immediately:

At present 3 cryptocurrencies reached a brand new ATH. Amongst the highest gainers was MicroPets that reached a brand new ATH after gaining +3.45% within the final 24 hours. Different crypto belongings that reached ATH within the final 24 hours are AXL and MOBILE.

Congratulations to the HODLers!

Coin of the Day is Axelar

Because of its spectacular 26.73% efficiency, Axelar is immediately’s coin of the day! Axelar is presently buying and selling at $ 1.18. Study extra about Axelar and its place out there on our Axelar worth prediction web page.

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

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