SNX up +30.69%, BTC +10.04%, Synthetix is The Coin of The Day — Daily Market Update for Mar 13, 2023

Key highlights:

• The total cryptocurrency market cap increased from $ 959.34B to $ 1.04T in the past 24 hours, representing a 7.92% change
• The Bitcoin price at press time is $ 22,398 after growing by 10.04% in the last 24 hours
• The total crypto trading volume increased by 7.92% in the past 24 hours, and is currently at $ 419.37B
• All prices and changes are presented at the time of publication: March 13, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.04T after a 7.92% increase on the day. The total crypto trading volume increased by 7.92% in the same time frame.

Bitcoin is trading at $ 22,398 after seeing a 10.04% gain in the last 24 hours. The Bitcoin dominance grew by 0.78% and BTC currently represents 41.78% 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 -6.67% and reach $ 20,903 by March 18, 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 $ 0.384640 and has a market capitalization of $ 8.99T. 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 63% of coins lost value in the last 24 hours.

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

Thanks to a 30.69% price increase, Synthetix was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Conflux Network came in second place, with 24-hour gains of 29.32%. Stacks, Maker and Optimism complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Riskmoon, Bone ShibaSwap, and Fei USD

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Riskmoon, which saw a loss of -5.77%. Bone ShibaSwap also didn’t perform well, as its price declined by -1.78% in the last 24 hours. Fei USD, sUSD and Binance USD round out today’s top 5 worst performers.

Coin of the Day is Synthetix

Thanks to its impressive 30.69% performance, Synthetix is today’s coin of the day! Synthetix is currently trading at $ 2.89. Learn more about Synthetix and its position in the market on our Synthetix price prediction page.

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

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