SXP up +12.18%, BTC +0.68%, SXP is The Coin of The Day — Daily Market Update for Apr 23, 2023

Key highlights:

• The total cryptocurrency market cap increased from $ 1.15T to $ 1.16T in the past 24 hours, representing a 0.83% change
• The Bitcoin price at press time is $ 27,585 after growing by 0.68% in the last 24 hours
• The total crypto trading volume increased by 0.83% in the past 24 hours, and is currently at $ 123.40B
• All prices and changes are presented at the time of publication: April 23, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.16T after a 0.83% increase on the day. The total crypto trading volume increased by 0.83% in the same time frame.

Bitcoin is trading at $ 27,585 after seeing a 0.68% gain in the last 24 hours. The Bitcoin dominance grew by 0.06% and BTC currently represents 45.91% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 533.68B after gaining 0.68% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -2.62% and reach $ 26,864 by April 28, 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 $ 1,866.18 and has a market capitalization of $ 224.74B. ETH increased by 0.02% 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 72% of coins lost value in the last 24 hours.

Today’s Top Gainers are SXP, Baby Doge Coin, and WOO Network

Thanks to a 12.18% price increase, SXP was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Baby Doge Coin came in second place, with 24-hour gains of 12.12%. WOO Network, Polymath and Helium complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Cartesi, Arbitrum, and ICON

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Cartesi, which saw a loss of -4.83%. Arbitrum also didn’t perform well, as its price declined by -3.03% in the last 24 hours. ICON, Liquity and UNUS SED LEO round out today’s top 5 worst performers.

Coin of the Day is SXP

Thanks to its impressive 12.18% performance, SXP is today’s coin of the day! SXP is currently trading at $ 0.608729. Learn more about SXP and its position in the market on our SXP price prediction page.

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

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