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API3 up +43.85%, BTC +3.38%, Hedera Hashgraph is The Coin of The Day - Daily Market Update for Feb 23, 2022

2y ago





Key highlights:

  • The total cryptocurrency market cap increased from $ 1.69T to $ 1.76T in the past 24 hours, representing a 4.06% change
  • The Bitcoin price at press time is $ 37,987 after growing by 3.38% in the last 24 hours
  • The total crypto trading volume increased by 4.06% in the past 24 hours, and is currently at $ 307.67B
  • All prices and changes are presented at the time of publication: February 23, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.76T after a 4.06% increase on the day. The total crypto trading volume increased by 4.06% in the same time frame.

Bitcoin is trading at $ 37,987 after seeing a 3.38% gain in the last 24 hours.The Bitcoin dominance fell by -0.26% and BTC currently represents 40.90% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 720.46B after gaining 3.38% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.99% and reach $ 36,469 by February 28, 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 $ 2,666.36 and has a market capitalization of $ 319.15B. ETH increased by 5.95% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

  • Cardano, which was previously ranked 8, is ranked at 7.
  • Solana, which was previously ranked 7, is ranked at 8.
  • Avalanche, which was previously ranked 11, is ranked at 10.

Bulls Dominate the Market Today

The bulls dominated the market today as 80% of coins gained value in the last 24 hours.

Today's Top Gainers are API3 Token, Injective Protocol, and Anchor Protocol

Thanks to a 43.85% price increase, API3 Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Injective Protocol came in second place, with 24-hour gains of 19.11%. Anchor Protocol, Ultra and Hedera Hashgraph complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Pocket Network, Decentralized Social, and PAX Gold

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Pocket Network, which saw a loss of -5.52%. Decentralized Social also didn't perform well, as its price declined by -3.01% in the last 24 hours. PAX Gold, Frax Share and Secret Network Token round out today's top 5 worst performers.

Coin of the Day is Hedera Hashgraph

Thanks to its impressive 15.10% performance, Hedera Hashgraph is today's coin of the day! Hedera Hashgraph is currently trading at $ 0.227910. Learn more about Hedera Hashgraph and its position in the market on our Hedera Hashgraph price prediction page.

Our technical indicators show that the current Hedera Hashgraph sentiment is Bearish.

Buy/Sell Hedera Hashgraph

2y ago




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