It is still very quiet on the crypto market. After a small dip, many prices return to about the same price as they were 24 hours ago, which is about the same range as the entire week. The total market cap comes in at $846 billion, also the same value as 24 hours ago.
Still, at the top of the green side today we find two well-known big crypto, but there seems to be little enthusiasm this year for an eventual Christmas rally.
📈 Market Overview#BTC price trades below $17K
The Top-10 are traded in green zone: $DOGE +6.65%, $ADA +2.60%, $XRP +1.83%.
Market cap: $855B (+0.29%) $BTC dominance: 37.89% (-0.12%)
Fear & Greed Index: 27 (Fear)Full Report👉https://t.co/Au1eNKWOn5 pic.twitter.com/ZTypNBhJ5m
— CryptoRank Platform (@CryptoRank_io) December 23, 2022
Bitcoin and ethereum back at the same price
Bitcoin (BTC) briefly dipped to $16,600 yesterday and then bounced back to the same range just above $16,800. At the time of writing, bitcoin is once again testing resistance around USD 16,850, as it did 24 hours ago. Still, bitcoin is holding up stronger than stocks.
#bitcoin has never been weaker (RSI 40.5) pic.twitter.com/wCNJGfNR1c
— PlanB (@100trillionUSD) December 22, 2022
Ethereum (ETH) is also testing the same price as it did 24 hours ago, at $1,120. Still, ETH seems very tentative to show a slightly stronger uptrend than bitcoin.
Very strong reaction on $ETH here.
Assuming that we’ll continue the trend (with PCE coming in), I’ll be looking for longs around $1,205 and then I’m expecting $1,350 and such.#Bitcoin gave a strong reaction on $16,650 too. pic.twitter.com/UwpNtHbTlH
— Michael van de Poppe (@CryptoMichNL) December 23, 2022
Cardano and dogecoin hardest climbers today
It is noticeable that the rest of the top 10 is picking up a little stronger today. Ripple (XRP) is up 1.1% back to USD 0.35. Polygon (MATIC) is up 1.2% and is back above $0.8.
Cardano (ADA) is even up 2.9% and is currently above $0.26. ADA holders have been accumulating since the FTX crash, Santiment reports:
🦈 Key #Cardano sharks have been accumulating steadily since June. And they have taken this level of dip buying to a new level since the #FTX fallout in early November. Addresses holding 10k to 100k $ADA have added $83M worth of coins since November 7th. https://t.co/ispmPHym3G pic.twitter.com/zPRbi6ZON1
— Santiment (@santimentfeed) December 22, 2022
But dogecoin (DOGE) is remarkably the strongest climber today, and even of the entire top 100. Does that have to do with the listing on Bitstamp? The DOGE price is currently struggling with $0.078, with which the price is up no less than 5.6% today.
We’ve listed $DOGE (Dogecoin) for our customers. Much wow!
Buy and sell with no trading fees up to $1,000 over the past 30 days.
learn more: https://t.co/PashIZnTzY pic.twitter.com/eqdEKkgm4j
— Bitstamp (@Bitstamp) December 22, 2022
Crypto top 100 hardest risers and fallers
However, the rest of the top 100 doesn’t look too exciting today. Frax share (FXS), thorchain (RUNE), xdc network (XDC) and near (NEAR) are just 2% up. Finally, we have rocket pool (RPL) which is up 2.7% to $19.85.
At the top of the red side today we find toncoin (TON) down 4%. Privacy coins zcash (ZEC) and monero (XMR) both hit 4.7%. Chain (XCN) Is the Hardest Faller of the Day, Dropping Nearly 6% to USD 0.018
here is everything you need to know about crypto unlocks in 2023 pic.twitter.com/qccDRcO9Sr
— Karl (@karl_0x) December 22, 2022
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