CryptoSlate Daily wMarket Update – Dec. 12: BTC back above $17K as market turns green again

Share This Post

Over the last 24 hours, the cryptocurrency market cap saw net inflows of $11.76 billion and currently stands at $856.13 billion — up 1.42% as of press time.

Meanwhile, Bitcoin and Ethereum’s market cap was up 2.64% and 2.56% to $335.47 billion and $157.52 billion, respectively.

The top 10 cryptocurrencies posted mixed performances over the reporting period. The biggest losers were BNB and Polkadot (DOT), which fell 5.49% and 0.14%, respectively. In contrast, the biggest gainer was XRP, recording a 2.9% gain over the last 24 hours.

Source: CryptoSlate.com
Source: CryptoSlate.com

The market cap of Tether (USDT) and  USD Coin (USDC) posted mixed performances. USDT up 0.15% to $65.81 billion and USDC down 0.67% to $42.55 billion. BinanceUSD (BUSD) market cap stood at $21.84 billion, down 1.14% over the reporting period.

Bitcoin

Bitcoin gained 2.65% to trade at $17,985 as of 07:00 ET. Its market dominance rose to 39.2% from 38.7%.

The leading cryptocurrency rose above $17,000 on Dec. 13. The asset traded at a high of $17,453 and bottomed at $16,996 over the reporting period.

BTC 24-Hour Price Performance (Source: Tradingview.com)
BTC 24-Hour Price Performance (Source: Tradingview.com)

Ethereum

ETH recorded 2.62% in gains over the last 24 hours to trade at $1,287 as of 07:00 ET. Its market dominance rose to 18.4% from 18.2% over the reporting period.

Over the last 24 hours, ETH’s price peaked at $1,291 and bottomed at $1,248.

ETH 24-Hour Price Performance (Source: Tradingview.com)
ETH 24-Hour Price Performance (Source: Tradingview.com)

Top 5 Gainers

Toncoin

TON increased 9.4% to $2.29 as of press time. The Telegram-related token is up 25% over the last seven days. Its market cap stood at $2.79 billion.

LDO

LDO rose by 5.46% in the last 24 hours to $1.05. Its market cap stood at $329.60 million.

COMP

COMP gained 4.41% over the reporting period to trade at $39.23 as of press time. Its market cap was $285.09 million as of press time.

CRV

CRV is also among the day’s top gainers, rising by 3.75% over the reporting period to $0.636 as of press time. Its market cap stood at $338.19 million.

BTC

BTC is up 3.58% over the last 24 hours to $109.48. Its market cap stood at $2.1 billion.

Top 5 Losers

Trust Wallet Token

TWT is the day’s biggest loser, falling 19.91% to $2.11 as of press time. Its market cap stood at $880 million.

Neutrino USD

USDN fell 11.54% over the reporting period to $0.71 as of press time. Its market cap stood at $485.39 million.

APE

APE decreased by 6.25% to $4.12 as of press time. Its market cap stood at $1.48 billion.

CAKE

CAKE lost 5.62% of its value over the reporting period to $3.72 as of press time. Its market cap stood at $590.64 million.

BNB

BNB fell 5.04% to $268.91 over the last 24 hours. Its market cap stood at $43.01 billion.

The post CryptoSlate Daily wMarket Update – Dec. 12: BTC back above $17K as market turns green again appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Hedera Analyst Thinks HBAR Will Easily 30X After Sinking 70% In 6 Months

Hedera, a proof-of-stake platform, wasn’t spared from aggressive bears in early October After HBAR, its native token, floated higher in September, the rejection of bulls in early October

Ethereum Struggles: Is It Ready To Rise or Fall Below $2,116?

The post Ethereum Struggles: Is It Ready To Rise or Fall Below $2,116 appeared first on Coinpedia Fintech News Ethereum has always moved in sync with Bitcoin It’s like they’re tied together Since

Taiwan to launch digital asset custody pilot for banks in 2025

Taiwan’s Financial Supervisory Commission (FSC) will launch a pilot program for institutions interested in digital asset custody services, local media reported on Oct 8 The program is part of

Why India Is Delaying Crypto Regulation—The Surprising Reason Behind It!

The post Why India Is Delaying Crypto Regulation—The Surprising Reason Behind It! appeared first on Coinpedia Fintech News India has yet to publish its long-awaited discussion paper on

Satoshi’s Coding Reveals Clues About Their Background, Amir Taaki Suggests

Following the premiere of “Money Electric,” a film pointing fingers at Peter Todd as the mysterious Satoshi Nakamoto, former Bitcoin developer Amir Taaki decided to weigh in Taaki shared some

Bitcoin Bull Run Nears! Top Crypto Trader Predict BTC To Hit $100K 

The post Bitcoin Bull Run Nears! Top Crypto Trader Predict BTC To Hit $100K  appeared first on Coinpedia Fintech News Bitcoin’s price has been up and down over the last three months, moving