XRP up +21.69%, BTC +1.46%, XRP is The Coin of The Day - Daily Market Update for Mar 22, 2023

XRP up +21.69%, BTC +1.46%, XRP is The Coin of The Day - Daily Market Update for Mar 22, 2023

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Key highlights:

  • The total cryptocurrency market cap increased from $ 1.16T to $ 1.19T in the past 24 hours, representing a 2.50% change
  • The Bitcoin price at press time is $ 28,201 after growing by 1.46% in the last 24 hours
  • The total crypto trading volume increased by 2.50% in the past 24 hours, and is currently at $ 295.70B
  • All prices and changes are presented at the time of publication: March 22, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.19T after a 2.50% increase on the day. The total crypto trading volume increased by 2.50% in the same time frame.

Bitcoin is trading at $ 28,201 after seeing a 1.46% gain in the last 24 hours. The Bitcoin dominance fell by -0.33% and BTC currently represents 45.81% of the cryptocurrency market.

Top Coins By Market Cap

At press time, United States dollar has a market capitalization of $ 23.37T after gaining 0.00% in the last 24 hours. According to our forecast, the value of United States dollar will raise by 8.37% and reach $ 30,563 by March 27, 2023. To learn more about how the price of United States dollar could change over the next 7 days, visit our United States dollar price prediction page.

Georgian Lari, which is the second-largest cryptocurrency by market cap, is priced at $ 0.388008 and has a market capitalization of $ 9.07T. GEL increased by 0.00% in the last 24 hours. If you're interested in where the price of Georgian Lari could head next, check out the Georgian Lari price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 70% of coins lost value in the last 24 hours.

Today's Top Gainers are XRP, Celer Network, and Cardano

Thanks to a 21.69% price increase, XRP was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Celer Network came in second place, with 24-hour gains of 18.15%. Cardano, Nervos Network and Stellar complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Kaspa, Stacks, and DAO Maker

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Kaspa, which saw a loss of -6.93%. Stacks also didn't perform well, as its price declined by -7.21% in the last 24 hours. DAO Maker, Synthetix and OMG Network round out today's top 5 worst performers.

Coin of the Day is XRP

Thanks to its impressive 21.69% performance, XRP is today's coin of the day! XRP is currently trading at $ 0.469219. Learn more about XRP and its position in the market on our XRP price prediction page.

Our technical indicators show that the current XRP sentiment is Bullish.

Buy/Sell XRP

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