CFX up +34.07%, BTC +7.06%, Conflux Network is The Coin of The Day — Daily Market Update for Mar 18, 2023

Key highlights:

• The total cryptocurrency market cap increased from $ 1.12T to $ 1.18T in the past 24 hours, representing a 5.09% change
• The Bitcoin price at press time is $ 27,575 after growing by 7.06% in the last 24 hours
• The total crypto trading volume increased by 5.09% in the past 24 hours, and is currently at $ 379.25B
• All prices and changes are presented at the time of publication: March 18, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.18T after a 5.09% increase on the day. The total crypto trading volume increased by 5.09% in the same time frame.

Bitcoin is trading at $ 27,575 after seeing a 7.06% gain in the last 24 hours. The Bitcoin dominance grew by 0.69% and BTC currently represents 45.30% 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 drop by -3.69% and reach $ 26,559 by March 23, 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 $ 0.386732 and has a market capitalization of $ 9.04T. 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 64% of coins lost value in the last 24 hours.

Today’s Top Gainers are Conflux Network, Stacks, and Beldex

Thanks to a 34.07% price increase, Conflux Network 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 26.16%. Beldex, MobileCoin and SingularityNET complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Helium, ICON, and Genleap AI

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium, which saw a loss of -16.04%. ICON also didn’t perform well, as its price declined by -8.87% in the last 24 hours. Genleap AI, WEMIX Token and Theta Fuel round out today’s top 5 worst performers.

GMX reached new All-Time High after gaining +1.53% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

• GMX’s new ATH is $ 85.96

Congratulations to the HODLers!

Coin of the Day is Conflux Network

Thanks to its impressive 33.91% performance, Conflux Network is today’s coin of the day! Conflux Network is currently trading at $ 0.420126. 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.

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