CKB up +21.25%, BTC -9.29%, Ravencoin is The Coin of The Day — Daily Market Update for Sep 14, 2022

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.10T to $ 1.03T in the past 24 hours, representing a -6.50% change
• The Bitcoin price at press time is $ 20,311 after falling by -9.29% in the last 24 hours
• The total crypto trading volume decreased by -6.50% in the past 24 hours, and is currently at $ 345.88B
• All prices and changes are presented at the time of publication: September 14, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.03T after a -6.50% decrease on the day. The total crypto trading volume declined by -6.50% in the same time frame.

Bitcoin is trading at $ 20,311 after seeing a -9.29% loss in the last 24 hours. The Bitcoin dominance fell by -1.24% and BTC currently represents 37.80% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 388.96B after losing -9.29% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 13.94% and reach $ 23,142 by September 19, 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 $ 1,631.17 and has a market capitalization of $ 199.59B. ETH decreased by -6.57% 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 84% of coins lost value in the last 24 hours.

Today’s Top Gainers are Nervos Network, Marinade staked SOL, and Ravencoin

Thanks to a 21.25% price increase, Nervos Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Marinade staked SOL came in second place, with 24-hour gains of 6.30%. Ravencoin, MXC and Kyber Network Crystal complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Pundi X [new], SONM, and WOO Network

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Pundi X [new], which saw a loss of -20.62%. SONM also didn’t perform well, as its price declined by -17.53% in the last 24 hours. WOO Network, Solana and Voyager Token round out today’s top 5 worst performers.

Coin of the Day is Ravencoin

Thanks to its impressive 7.11% performance, Ravencoin is today’s coin of the day! Ravencoin is currently trading at $ 0.068648. Learn more about Ravencoin and its position in the market on our Ravencoin price prediction page.

Our technical indicators show that the current Ravencoin sentiment is Bullish.

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