How Are These Top 2 Cryptocurrencies Performing Today: Bitcoin, Ethereum

Cryptocurrency Price Today: The crypto market traded within the pink right this moment (Friday) as the value of the highest two main cryptocurrencies, Bitcoin and Ethereum, have been beneath strain, down 1.39% and 5.75% on the time of writing. The world crypto market cap fell 1.03% at $852.30B, monitoring destructive cues from the fairness markets following the 50bps fee hike by the Federal Reserve. 

The complete crypto market quantity during the last 24 hours is $33.73B, which makes a 25.64% lower. Let us take a look at the Bitcoin value, Ethereum value, and different market movers. 

Bitcoin value right this moment, December 16:

Bitcoin value right this moment slumped 1.39% to USD$17,491.18 with a 24-hour buying and selling quantity of USD$20,111,311,833 USD. The world’s largest cryptocurrency has a stay market cap of USD$336,445,973,040.

The rising promoting strain appears to have pulled down Bitcoin value on Thursday and even right this moment. It is believed that till Bitcoin reaches above $18,000, bears will probably outperform bulls.

Ethereum Price Today, December 16:

Ethereum value right this moment was noticed buying and selling 5.75% decrease at USD$1,213.57 with a 24-hour buying and selling quantity of$6,695,959,575. With a stay market cap of USD$148,509,257,949, Ethereum holds its place because the world’s second-largest cryptocurrency. 

With Ethereum’s help and resistance at $1,150 and $1,350, as per market analysts, it may appeal to consumers again to the market.

Dogecoin | The world’s hottest meme coin Dogecoin, fell 1.28% on Friday. Its market worth stands at $11.4 billion, in keeping with coinmarketcap knowledge. The commerce quantity was at $367 million.

Shiba Inu value right this moment:

Shiba Inu value right this moment is USD$0.000009, up 0.51%, with a 24-hour buying and selling quantity of USD$83,639,699. The present CoinMarketCap rating of Shiba Inu is 16.

Polygon (MATIC) and Solana costs have been additionally down right this moment. Polygon value fell 1.32% at USD$0.886166, whereas Solana value was noticed buying and selling 0.62% decrease at USD$14.03.

Priyanka at present covers the most recent developments within the crypto market, NFTs, Metaverse, ICOs, and Blockchain. She likes writing research-based, informative articles for traders, particularly those that are new available in the market. She holds MBA and is at present dwelling deep into the crypto market.
Priyanka studied journalism on the Indian Institute of Mass Communication, New Delhi, and began her profession as a journalist in an English day by day, “The Pioneer.” She has over 5 years of expertise. During this time, she was additionally related to political consultancy companies equivalent to IPAC and labored on governance-related points. Later, Priyanka developed a powerful curiosity in finance, and whereas she was finishing her MBA, she labored as an analyst in a famend fairness analysis agency. Having coated world equities, IPOs, ASX 200, commodities to market transferring tales throughout North America, she realized there may be way more to discover. It was then she determined to get into the crypto market.

The offered content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.