Analytics

MXC up +17.79%, BTC +0.13%, Litecoin is The Coin of The Day — Daily Market Update for Dec 26, 2022

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Key highlights:

  • The total cryptocurrency market cap increased from $ 830.80B to $ 832.50B in the past 24 hours, representing a 0.20% change
  • The Bitcoin price at press time is $ 16,854 after growing by 0.13% in the last 24 hours
  • The total crypto trading volume increased by 0.20% in the past 24 hours, and is currently at $ 91.67B
  • All prices and changes are presented at the time of publication: December 26, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 832.50B after a 0.20% increase on the day. The total crypto trading volume increased by 0.20% in the same time frame.

Bitcoin is trading at $ 16,854 after seeing a 0.13% gain in the last 24 hours. The Bitcoin dominance fell by -0.01% and BTC currently represents 38.90% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 323.88B after gaining 0.13% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.15% and reach $ 16,324 by December 31, 2022. 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 $ 1,220.66 and has a market capitalization of $ 149.38B. ETH increased by 0.06% 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 11, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 79% of coins lost value in the last 24 hours.

Today’s Top Gainers are MXC, Hive Token, and Litecoin

Thanks to a 17.79% price increase, MXC was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Hive Token came in second place, with 24-hour gains of 9.69%. Litecoin, The Graph and Moonbeam complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Celo, SONM, and Chain

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Celo, which saw a loss of -5.93%. SONM also didn’t perform well, as its price declined by -5.09% in the last 24 hours. Chain, BinaryX and Lisk round out today’s top 5 worst performers.

Coin of the Day is Litecoin

Thanks to its impressive 5.21% performance, Litecoin is today’s coin of the day! Litecoin is currently trading at $ 69.10. 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 Neutral.

   
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