The cryptocurrency market saw a slight decrease in its total market cap and trading volume over the past 24 hours. With the total market cap dropping from $1.01T to $993.17B, representing a -1.18% change, and the trading volume also decreasing by the same percentage, currently at $271.30B. Bitcoin, the leading cryptocurrency, is trading at $20,745 after a -0.44% loss in the last 24 hours. Despite the minor drop, Bitcoin dominance grew by 0.18% and now represents 40.14% of the market.
In terms of market cap, Bitcoin currently sits at $398.66B after losing -0.44% in the last day. The price of Bitcoin is expected to drop by -0.98% and reach $20,542 by January 20, 2023, according to forecasts. Ethereum, the second-largest cryptocurrency by market cap, is priced at $1,530.04 with a market cap of $187.24B. Ethereum also experienced a -1.21% decrease in the last 24 hours. Traders interested in the future price movements of these top coins can explore Bitcoin and Ethereum price prediction pages for more insights.
The market was mostly dominated by bears today, with 81% of coins losing value in the last 24 hours. However, some cryptocurrencies managed to stand out as top gainers. Serum led the way with a 140.72% price increase, followed by Green Metaverse Token with gains of 25.63%, and Compound also showed notable growth. On the flip side, SingularityNET, Fetch.ai, and Magic were among the top losers of the day, with significant declines in their prices.
Green Metaverse Token emerged as the coin of the day, showcasing an impressive 25.63% performance. Currently trading at $0.498785, Green Metaverse Token has garnered attention for its bullish sentiment in the market. Traders and investors looking to understand the potential future movements of this token can find valuable insights on the Green Metaverse Token price prediction page. Despite the overall bearish market sentiment, certain cryptocurrencies like Green Metaverse Token continue to showcase resilience and potential for growth.
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