KLAY up +25.78%, BTC +0.81%, Klaytn is The Coin of The Day — Daily Market Update for Oct 24, 2022

Key highlights:

• The total cryptocurrency market cap increased from $ 937.10B to $ 945.67B in the past 24 hours, representing a 0.91% change
• The Bitcoin price at press time is $ 19,332 after growing by 0.81% in the last 24 hours
• The total crypto trading volume increased by 0.91% in the past 24 hours, and is currently at $ 168.04B
• All prices and changes are presented at the time of publication: October 24, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 945.67B after a 0.91% increase on the day. The total crypto trading volume increased by 0.91% in the same time frame.

Bitcoin is trading at $ 19,332 after seeing a 0.81% gain in the last 24 hours. The Bitcoin dominance fell by -0.06% and BTC currently represents 39.18% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 370.49B after gaining 0.81% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.40% and reach $ 18,674 by October 29, 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 $ 1,341.78 and has a market capitalization of $ 164.48B. ETH increased by 2.55% 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 68% of coins lost value in the last 24 hours.

Today’s Top Gainers are Klaytn, LUKSO, and Mdex

Thanks to a 25.78% price increase, Klaytn was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. LUKSO came in second place, with 24-hour gains of 15.34%. Mdex, Sushi and Decentralized Social complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Bitcoin Gold, Aptos, and Injective Protocol

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Bitcoin Gold, which saw a loss of -11.56%. Aptos also didn’t perform well, as its price declined by -4.76% in the last 24 hours. Injective Protocol, UNUS SED LEO and Chain round out today’s top 5 worst performers.

Coin of the Day is Klaytn

Thanks to its impressive 25.78% performance, Klaytn is today’s coin of the day! Klaytn is currently trading at $ 0.184540. Learn more about Klaytn and its position in the market on our Klaytn price prediction page.

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

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