STX up +30.87%, BTC -1.08%, Stacks is The Coin of The Day - Daily Market Update for Mar 11, 2022

4y ago

bullish:

bearish:

Key highlights:

The total cryptocurrency market cap decreased from $ 1.78T to $ 1.76T in the past 24 hours, representing a -1.21% change
The Bitcoin price at press time is $ 38,761 after falling by -1.08% in the last 24 hours
The total crypto trading volume decreased by -1.21% in the past 24 hours, and is currently at $ 253.13B
All prices and changes are presented at the time of publication: March 11, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.76T after a -1.21% decrease on the day. The total crypto trading volume declined by -1.21% in the same time frame.

Bitcoin is trading at $ 38,761 after seeing a -1.08% loss in the last 24 hours.The Bitcoin dominance grew by 0.08% and BTC currently represents 41.75% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 735.68B after losing -1.08% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 4.22% and reach $ 40,396 by March 16, 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 $ 2,568.69 and has a market capitalization of $ 308.01B. ETH decreased by -1.32% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bulls Dominate the Market Today

The bulls dominated the market today as 54% of coins gained value in the last 24 hours.

Today's Top Gainers are Stacks, Kadena, and Flux

Thanks to a 30.87% price increase, Stacks was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Kadena came in second place, with 24-hour gains of 13.48%. Flux, Zcash and Storj complete today's list of the top cryptocurrency gainers.

Today's Top Losers are ICON, Arweave, and Kyber Network Crystal

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ICON, which saw a loss of -16.54%. Arweave also didn't perform well, as its price declined by -13.48% in the last 24 hours. Kyber Network Crystal, Waves and Kyber Network Crystal Legacy round out today's top 5 worst performers.

Safe reached new All-Time High after gaining +69.68% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

Safe's new ATH is $ 13.07

Congratulations to the HODLers!

Coin of the Day is Stacks

Thanks to its impressive 30.87% performance, Stacks is today's coin of the day! Stacks is currently trading at $ 1.40. Learn more about Stacks and its position in the market on our Stacks price prediction page.

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

Buy/Sell Stacks

4y ago

bullish:

bearish: