BIT up +17.68%, BTC -0.13%, BitDAO is The Coin of The Day — Daily Market Update for Dec 30, 2022

Key highlights:

• The total cryptocurrency market cap decreased from $ 815.96B to $ 815.75B in the past 24 hours, representing a -0.03% change
• The Bitcoin price at press time is $ 16,555 after falling by -0.13% in the last 24 hours
• The total crypto trading volume decreased by -0.03% in the past 24 hours, and is currently at $ 124.42B
• All prices and changes are presented at the time of publication: December 30, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 815.75B after a -0.03% decrease on the day. The total crypto trading volume declined by -0.03% in the same time frame.

Bitcoin is trading at $ 16,555 after seeing a -0.13% loss in the last 24 hours. The Bitcoin dominance fell by -0.03% and BTC currently represents 39.00% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 318.14B after losing -0.13% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.30% and reach $ 16,770 by January 4, 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 $ 1,195.18 and has a market capitalization of $ 146.26B. ETH decreased by -0.15% 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 82% of coins lost value in the last 24 hours.

Today’s Top Gainers are BitDAO, Flux, and Chain

Thanks to a 17.68% price increase, BitDAO was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Flux came in second place, with 24-hour gains of 8.02%. Chain, Toncoin and SONM complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Kava, Livepeer, and Green Metaverse Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Kava, which saw a loss of -6.76%. Livepeer also didn’t perform well, as its price declined by -7.00% in the last 24 hours. Green Metaverse Token, Ocean Protocol and The Sandbox round out today’s top 5 worst performers.

Coin of the Day is BitDAO

Thanks to its impressive 17.68% performance, BitDAO is today’s coin of the day! BitDAO is currently trading at $ 0.337750. Learn more about BitDAO and its position in the market on our BitDAO price prediction page.

Our technical indicators show that the current BitDAO sentiment is Neutral.

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