AUDIO up +33.77%, BTC -1.93%, Quant is The Coin of The Day - Daily Market Update for Jan 25, 2023

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.08T to $ 1.05T in the past 24 hours, representing a -2.81% change
• The Bitcoin price at press time is $ 22,673 after falling by -1.93% in the last 24 hours
• The total crypto trading volume decreased by -2.81% in the past 24 hours, and is currently at $ 277.95B
• All prices and changes are presented at the time of publication: January 25, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.05T after a -2.81% decrease on the day. The total crypto trading volume declined by -2.81% in the same time frame.

Bitcoin is trading at $ 22,673 after seeing a -1.93% loss in the last 24 hours. The Bitcoin dominance grew by 0.35% and BTC currently represents 41.60% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 435.71B after losing -1.93% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.99% and reach $ 23,125 by January 30, 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 $ 1,559.77 and has a market capitalization of $ 190.87B. ETH decreased by -4.91% 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.

• Litecoin, which was previously ranked 12, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 86% of coins lost value in the last 24 hours.

Today's Top Gainers are Audius, Keep Network, and NuCypher

Thanks to a 33.77% price increase, Audius was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Keep Network came in second place, with 24-hour gains of 25.63%. NuCypher, Nervos Network and Ankr Network complete today's list of the top cryptocurrency gainers.

Today's Top Losers are ICON, Hooked Protocol, and WEMIX Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ICON, which saw a loss of -18.67%. Hooked Protocol also didn't perform well, as its price declined by -15.34% in the last 24 hours. WEMIX Token, Flow and Lido DAO Token round out today's top 5 worst performers.

Coin of the Day is Quant

Thanks to its impressive 5.49% performance, Quant is today's coin of the day! Quant is currently trading at $ 154.15. Learn more about Quant and its position in the market on our Quant price prediction page.

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

Buy/Sell Quant