DCR up +14.53%, BTC +2.35%, Mina Protocol is The Coin of The Day - Daily Market Update for Mar 24, 2023

Key highlights:

• The total cryptocurrency market cap increased from $ 1.16T to $ 1.18T in the past 24 hours, representing a 1.91% change
• The Bitcoin price at press time is $ 28,287 after growing by 2.35% in the last 24 hours
• The total crypto trading volume increased by 1.91% in the past 24 hours, and is currently at $ 314.45B
• All prices and changes are presented at the time of publication: March 24, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.18T after a 1.91% increase on the day. The total crypto trading volume increased by 1.91% in the same time frame.

Bitcoin is trading at $ 28,287 after seeing a 2.35% gain in the last 24 hours. The Bitcoin dominance grew by 0.21% and BTC currently represents 46.14% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 546.43B after gaining 2.35% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 3.44% and reach $ 29,260 by March 29, 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 $ 1,814.47 and has a market capitalization of $ 222.04B. ETH increased by 3.41% 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 69% of coins lost value in the last 24 hours.

Today's Top Gainers are Decred, SKALE, and Dash

Thanks to a 14.53% price increase, Decred was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. SKALE came in second place, with 24-hour gains of 13.34%. Dash, Mina Protocol and Celer Network complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Toncoin, Magic, and Terra

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Toncoin, which saw a loss of -10.29%. Magic also didn't perform well, as its price declined by -8.12% in the last 24 hours. Terra, Huobi Token and Blur round out today's top 5 worst performers.

Space ID reached new All-Time High after gaining +13.21% in the last month

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

• Space ID's new ATH is $ 0.594552

Congratulations to the HODLers!

Coin of the Day is Mina Protocol

Thanks to its impressive 11.37% performance, Mina Protocol is today's coin of the day! Mina Protocol is currently trading at $ 0.911790. Learn more about Mina Protocol and its position in the market on our Mina Protocol price prediction page.

Our technical indicators show that the current Mina Protocol sentiment is Bullish.

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