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    Home » SHIB up +10.66%, BTC +1.24%, Shiba Inu is The Coin of The Day – Daily Market Update for Jun 11, 2023 | CoinCodex
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    SHIB up +10.66%, BTC +1.24%, Shiba Inu is The Coin of The Day – Daily Market Update for Jun 11, 2023 | CoinCodex

    June 11, 20233 Mins Read
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    SHIB up +10.66%, BTC +1.24%, Shiba Inu is The Coin of The Day - Daily Market Update for Jun 11, 2023 | CoinCodex
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    Key highlights:

    • The total cryptocurrency market cap increased from $ 1.05T to $ 1.06T in the past 24 hours, representing a 0.82% change
    • The Bitcoin price at press time is $ 25,817 after growing by 1.24% in the last 24 hours
    • The total crypto trading volume increased by 0.82% in the past 24 hours, and is currently at $ 240.31B
    • All prices and changes are presented at the time of publication: June 11, 2023, at 06:00 UTC

    Market Overview

    The total cryptocurrency market cap is currently $ 1.06T after a 0.82% increase on the day. The total crypto trading volume increased by 0.82% in the same time frame.

    Bitcoin is trading at $ 25,817 after seeing a 1.24% gain in the last 24 hours. The Bitcoin dominance grew by 0.06% and BTC currently represents 47.16% of the cryptocurrency market.

    Top Coins By Market Cap

    At press time, Bitcoin has a market capitalization of $ 500.80B after gaining 1.24% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -2.15% and reach $ 25,261 by June 16, 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 $ 1,757.41 and has a market capitalization of $ 211.64B. ETH increased by 0.25% 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.

    • Cardano, which was previously ranked 6, is ranked at 5.
    • Dogecoin, which was previously ranked 5, is ranked at 6.

    Bears Dominate the Market Today

    The bears dominated the market today as 81% of coins lost value in the last 24 hours.

    Today’s Top Gainers are Shiba Inu, Ravencoin, and IOTA

    Thanks to a 10.66% price increase, Shiba Inu was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ravencoin came in second place, with 24-hour gains of 10.72%. IOTA, Sui Crypto and VeChain complete today’s list of the top cryptocurrency gainers.

    Today’s Top Losers are LUKSO, ABBC COIN, and Render Token

    Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was LUKSO, which saw a loss of -9.69%. ABBC COIN also didn’t perform well, as its price declined by -7.18% in the last 24 hours. Render Token, KuCoin Token and aelf round out today’s top 5 worst performers.

    Coin of the Day is Shiba Inu

    Thanks to its impressive 10.66% performance, Shiba Inu is today’s coin of the day! Shiba Inu is currently trading at $ 0.000007. Learn more about Shiba Inu and its position in the market on our Shiba Inu price prediction page.

    Our technical indicators show that the current Shiba Inu sentiment is Bearish.

    Buy/Sell Shiba Inu



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