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Over the past 24 hours, the cryptocurrency market has remained relatively calm – perhaps somewhat expected, given the Christmas holidays. This is also reflected in the decrease in daily trading volume. However, some cryptocurrencies have managed to register notable gains.
Bitcoin targets $17,000
The price of Bitcoin is trading more or less than it was yesterday at this time. It looks like the cryptocurrency is consolidating tightly below the important resistance level of $17,000.
Source: Trading View
Data from CoinGecko shows that BTC dominance continues to rise, albeit slightly. This is the most common way to gauge its growing share against that of the rest of the market and also suggests that altcoins are failing to catch up.
Ripple is up 5%, LUNC soars 14%
Speaking of altcoins, the majority of the market remained relatively calm, with some slight exceptions.
The best performer in the top 10 was Ripple’s XRP. It managed to rise by 5.6% in the last 24 hours and is currently trading at around $0.37.
Source: Quantify Cryptography
ETH, BNB, DOGE, Cardano and Polygon all plot smaller differences – nothing too sizable.
Elsewhere, the best performer of the top 100 coins by total market capitalization is Terra Luna Classic (LUC) – it is up nearly 15% in the last 24 hours. QNT and LDO are also seeing notable gains of around 8%.
At the other end of the spectrum, Chain’s XCN is down 5%, making it the worst performer today. NEXO is down 3.5%.
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Cryptocurrency charts by TradingView.
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Sources 2/ https://news.google.com/__i/rss/rd/articles/CBMiYmh0dHBzOi8vY3J5cHRvcG90YXRvLmNvbS90ZXJyYS1sdW5hLWNsYXNzaWMtc2t5cm9ja2V0cy0xNS1kYWlseS1iaXRjb2luLWFpbWVkLWF0LTE3ay1tYXJrZXQtd2F0Y2gv0gFmaHR0cHM6Ly9jcnlwdG9wb3RhdG8uY29tL3RlcnJhLWx1bmEtY2xhc3NpYy1za3lyb2NrZXRzLTE1LWRhaWx5LWJpdGNvaW4tYWltZWQtYXQtMTdrLW1hcmtldC13YXRjaC8_YW1w?oc=5 The mention sources can contact us to remove/changing this article |
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