TWT up +15.68%, BTC -2.08%, Trust Wallet Token is The Coin of The Day — Daily Market Update for Nov 17, 2022

Key highlights:

• The total cryptocurrency market cap decreased from $ 860.61B to $ 842.38B in the past 24 hours, representing a -2.12% change
• The Bitcoin price at press time is $ 16,576 after falling by -2.08% in the last 24 hours
• The total crypto trading volume decreased by -2.12% in the past 24 hours, and is currently at $ 189.75B
• All prices and changes are presented at the time of publication: November 17, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 842.38B after a -2.12% decrease on the day. The total crypto trading volume declined by -2.12% in the same time frame.

Bitcoin is trading at $ 16,576 after seeing a -2.08% loss in the last 24 hours. The Bitcoin dominance grew by 0.19% and BTC currently represents 37.80% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 318.42B after losing -2.08% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.27% and reach $ 16,366 by November 22, 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 $ 1,211.46 and has a market capitalization of $ 148.25B. ETH decreased by -3.72% 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 85% of coins lost value in the last 24 hours.

Today’s Top Gainers are Trust Wallet Token, Energy Web Token, and DFI.money

Thanks to a 15.68% price increase, Trust Wallet Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Energy Web Token came in second place, with 24-hour gains of 10.97%. DFI.money, WEMIX Token and ABBC COIN complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Celsius Network, FTX Token, and ConstitutionDAO

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Celsius Network, which saw a loss of -11.45%. FTX Token also didn’t perform well, as its price declined by -8.81% in the last 24 hours. ConstitutionDAO, Hashflow and Curve DAO Token round out today’s top 5 worst performers.

Coin of the Day is Trust Wallet Token

Thanks to its impressive 15.68% performance, Trust Wallet Token is today’s coin of the day! Trust Wallet Token is currently trading at $ 2.22. Learn more about Trust Wallet Token and its position in the market on our Trust Wallet Token price prediction page.

Our technical indicators show that the current Trust Wallet Token sentiment is Bullish.

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