Crypto Market Summary: March 11, 2024
- Total crypto market capitalization decreased -1.99% to $2.59 trillion
- Bitcoin price at $68,548 after falling -1.14% in 24 hours
- Total crypto trading volume fell -1.99% to $355.43 billion
Bitcoin maintains optimism despite negative market:
- Bitcoin dominance grew 0.34%, representing 52.01% of the market
- Prediction: Bitcoin value drop by -7.88% to $63,144 by March 16, 2024
Top cryptocurrencies by market cap:
- Ethereum: $3,857.12 and capitalization of $463.23 billion, decreased -2.42% in 24 hours
- Changes in the top 10 ranking: Cardano in 6th place, Dogecoin in 7th and Chainlink in 10th
Bears dominate the market today:
- 88% of coins lost value in the last 24 hours
- Top winners: Space ID (+39.91%), 0x (+27.78%) and GALA
- Worst losers: Arweave (-7.25%), Bonk (-6.73%) and Telcoin
New all-time highs:
- dYdX: $3.99
- Pixels: $1.01
Currency of the day: GALA
- Yield of +20.51%, trading at $0.074611
- Technical indicators show bullish sentiment for GALA