LTC up +7.46%, BTC -2.03%, Litecoin is The Coin of The Day - Daily Market Update for Mar 23, 2023
Key highlights:
- The total cryptocurrency market cap decreased from $ 1.19T to $ 1.15T in the past 24 hours, representing a -3.06% change
- The Bitcoin price at press time is $ 27,628 after falling by -2.03% in the last 24 hours
- The total crypto trading volume decreased by -3.06% in the past 24 hours, and is currently at $ 349.20B
- All prices and changes are presented at the time of publication: March 23, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.15T after a -3.06% decrease on the day. The total crypto trading volume declined by -3.06% in the same time frame.
Bitcoin is trading at $ 27,628 after seeing a -2.03% loss in the last 24 hours. The Bitcoin dominance grew by 0.51% and BTC currently represents 46.35% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 533.69B after losing -2.03% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 4.69% and reach $ 28,924 by March 28, 2023. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.
Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,754.11 and has a market capitalization of $ 214.66B. ETH decreased by -2.94% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
There were also some changes today in the ranking among the top 10 biggest coins by market cap.
- Litecoin, which was previously ranked 12, is ranked at 9.
- Polkadot, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 89% of coins lost value in the last 24 hours.
Today's Top Gainers are Litecoin, Stacks, and iExec RLC
Thanks to a 7.46% price increase, Litecoin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Stacks came in second place, with 24-hour gains of 5.62%. iExec RLC, Blur and Render Token complete today's list of the top cryptocurrency gainers.
Today's Top Losers are XRP, Sushi, and Huobi Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was XRP, which saw a loss of -8.98%. Sushi also didn't perform well, as its price declined by -8.67% in the last 24 hours. Huobi Token, Kava and Astar round out today's top 5 worst performers.
Coin of the Day is Litecoin
Thanks to its impressive 7.46% performance, Litecoin is today's coin of the day! Litecoin is currently trading at $ 87.84. Learn more about Litecoin and its position in the market on our Litecoin price prediction page.
Our technical indicators show that the current Litecoin sentiment is Bullish.