CFX up +56.61%, BTC +1.89%, Conflux Network is The Coin of The Day - Daily Market Update for Feb 21, 2023
Key highlights:
- The total cryptocurrency market cap increased from $ 1.13T to $ 1.14T in the past 24 hours, representing a 0.94% change
- The Bitcoin price at press time is $ 24,959 after growing by 1.89% in the last 24 hours
- The total crypto trading volume increased by 0.94% in the past 24 hours, and is currently at $ 254.47B
- All prices and changes are presented at the time of publication: February 21, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.14T after a 0.94% increase on the day. The total crypto trading volume increased by 0.94% in the same time frame.
Bitcoin is trading at $ 24,959 after seeing a 1.89% gain in the last 24 hours. The Bitcoin dominance grew by 0.40% and BTC currently represents 42.00% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 479.63B after gaining 1.89% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.19% and reach $ 24,663 by February 26, 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 $ 1,699.85 and has a market capitalization of $ 208.02B. ETH increased by 0.58% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
Bears Dominate the Market Today
The bears dominated the market today as 75% of coins lost value in the last 24 hours.
Today's Top Gainers are Conflux Network, Alchemy Pay, and NEO
Thanks to a 56.61% price increase, Conflux Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Alchemy Pay came in second place, with 24-hour gains of 35.58%. NEO, WEMIX Token and IOStoken complete today's list of the top cryptocurrency gainers.
Today's Top Losers are Cocos-BCX, Floki Inu, and LUKSO
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Cocos-BCX, which saw a loss of -13.71%. Floki Inu also didn't perform well, as its price declined by -9.62% in the last 24 hours. LUKSO, Baby Doge Coin and Stargate Finance round out today's top 5 worst performers.
Coin of the Day is Conflux Network
Thanks to its impressive 56.61% performance, Conflux Network is today's coin of the day! Conflux Network is currently trading at $ 0.342908. Learn more about Conflux Network and its position in the market on our Conflux Network price prediction page.
Our technical indicators show that the current Conflux Network sentiment is Bullish.
