Home Business Cryptocurrency Price Today: Coins Struggle To Find Footing As Bears Rule The Charts

Cryptocurrency Price Today: Coins Struggle To Find Footing As Bears Rule The Charts

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The general crypto market continues to battle to search out momentum as extra reds than greens dominated the worth charts on early Wednesday morning. Whereas Bitcoin (BTC) and Ethereum (ETH) — two of the most well-liked crypto cash — managed to register minor positive factors, different main altcoins — together with the likes of Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) — noticed a mixture of dips and positive factors throughout the board. The XDC Community (XDC) token emerged to be the largest gainer of the lot, with a 24-hour leap of over 5 %. 

On the time of writing, the worldwide crypto market cap stood at $809.93 billion, registering a 24-hour dip of 0.61 %.

Bitcoin (BTC) value as we speak

Bitcoin value stood at $16,813.62, seeing a 24-hour achieve of 0.46 %, as per CoinMarketCap. In line with Indian alternate WazirX, BTC value stood at Rs 14.55 lakhs.

Ethereum (ETH) value as we speak

ETH value stood at $1,208.59, marking a 24-hour achieve of 1.27 % on the time of writing. As per WazirX, Ethereum value in India stood at Rs 1.04 lakhs.

Dogecoin (DOGE) value as we speak

DOGE registered a 24-hour lack of 2.01 % as per CoinMarketCap knowledge, at the moment priced at $0.07269. As per WazirX, Dogecoin value in India stood at Rs 6.50.

Litecoin (LTC) value as we speak

Litecoin noticed a 24-hour achieve of 0.37 %. On the time of writing, it was buying and selling at $65.08. LTC value in India stood at Rs 5,602.01.

Ripple (XRP) value as we speak

XRP value stood at $0.3399, seeing a 24-hour dip of 0.24 %. As per WazirX, Ripple value stood at Rs 29.15.

Solana (SOL) value as we speak

Solana value stood at $12.05, marking a 24-hour lack of 1.66 %. As per WazirX, SOL value in India stood at Rs 1,099. 

High crypto gainers as we speak (December 21)

As per CoinMarketCap knowledge, listed below are the highest 5 crypto gainers over the previous 24 hours:

XDC Community (XDC)

Worth: $0.02794
24-hour achieve: 5.59 %

OKB (OKB)

Worth: $22.60
24-hour achieve: 4.55 %

Maker (MKR)

Worth: $553.85
24-hour achieve: 3.19 %

Hedera (HBAR)

Worth: $0.04293
24-hour achieve: 2.58 %

Belief Pockets Token (TWT)

Worth: $1.56
24-hour achieve: 2.54 %

High crypto losers as we speak (December 21)

As per CoinMarketCap knowledge, listed below are the highest 5 crypto losers over the previous 24 hours:

Arweave (AR)

Worth: $7.22
24-hour loss: 4.41 %

EthereumPoW (ETHW)

Worth: $2.93
24-hour loss: 3.20 %

Neutrino USD (USDN)

Worth: $0.5338
24-hour loss: 2.87 %

Terra Basic (LUNC)

Worth: $0.0001308
24-hour loss: 2.26 %

Lido DAO (LDO)

Worth: $0.9638
24-hour loss: 2.24 %

What crypto exchanges are saying in regards to the present market situation

Mudrex co-founder and CEO Edul Patel advised ABP Dwell, “Bitcoin skilled a rise in worth on Tuesday, reaching over $16,800 after experiencing a low of $16,383 on Monday. This improve could also be a results of the Financial institution of Japan’s latest coverage choice. BTC has additionally exceeded the numerous resistance degree of $16,700, reaching a four-day excessive. If Bitcoin is ready to keep this upward development, we might probably see it attain the $17,000 mark quickly.”

Sathvik Vishwanath, CEO and co-founder of Unocoin mentioned, “With Bitcoin buying and selling round $16,800 on December 19, investments in crypto funds fell by $30 million final week, the largest outflow in 14 weeks. Investments in funds that permit Bitcoin shorting are up $1 million. Buying and selling quantity elevated to $866 million from $678 million within the earlier week.”

weTrade founder Prashant Kumar supplied his take in the marketplace situation as nicely, “A inexperienced Wednesday morning for the worldwide crypto market throughout Asia buying and selling hours as buying and selling volumes elevated by roughly 9 % together with an roughly 2 % improve out there cap. Ethereum managed to cross over to $1,200 whereas Bitcoin inched nearer to $17,000. Nevertheless, as buying and selling quantity picked up, cash together with dogecoin, XRP and Polygon continued to be within the crimson.”

Shivam Thakral, the CEO of BuyUCoin, mentioned, “The general crypto market continues to stay flat with Bitcoin and Ether displaying a marginal leap of their costs. The newest developments with FTX and BlockFi are maintaining the buyers on their toes which is mirrored within the present calmness out there. The present market situations are anticipated to proceed as much as the vacation season after which we will count on elevated investor exercise.”

Disclaimer: Crypto merchandise and NFTs are unregulated and may be extremely dangerous. There could also be no regulatory recourse for any loss from such transactions. Cryptocurrency isn’t a authorized tender and is topic to market dangers. Readers are suggested to hunt professional recommendation and skim supply doc(s) together with associated vital literature on the topic rigorously earlier than making any sort of funding in any respect. Cryptocurrency market predictions are speculative and any funding made shall be on the sole value and threat of the readers.

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