The crypto costs right this moment have been within the crimson, persevering with the downward pattern from final week, because the traders appear to be taking a break forward of the vacation season. Notably, the market has to date witnessed a optimistic buying and selling state of affairs over the previous couple of weeks, earlier than falling into the unfavourable territory within the prior week.
Now, many traders are expecting a Santa Claus rally within the crypto market, which could once more ship the main cryptos to their new highs. However, some have additionally argued that there could possibly be a small dump available in the market, as some market individuals and whales will go for a vacation break throughout this time.
Talking concerning the crypto costs, the Bitcoin value fell 1.96% over the past 24 hours to $41,147.58, whereas its buying and selling quantity rose 35.71% to $18.65 billion. However, regardless of the current losses, the biggest crypto market cap has added practically 13% within the final 30 days.
Among different main cryptos, the Ethereum value plunged 1.96% and traded at $2,176.46, with its buying and selling quantity rising 25.32% to $8.10 billion in the identical timeframe. Simultaneously, the XRP value dipped 2.20% to $0.6065, and its buying and selling quantity jumped 29.93% to $953.19 million.
The Solana value additionally mirrored an analogous downturn pattern witnessed available in the market, and slipped 5.23% to $70.00 throughout writing. In addition, the Cardano value was down 6.1% to $0.5751, whereas its buying and selling quantity jumped 9.39% to $611.62 million.
In the meme cash phase, the Dogecoin value plummeted 3.53% to $0.09219, and its buying and selling quantity over the past 24 hours dropped by 1.25% to $499.07 million. Another high meme coin, the Shiba Inu value additionally plunged 7.6% to $0.00001007 throughout writing, and its one-day quantity fell 46.09% to $411.0 million.
The stoop within the main crypto costs has wiped off 2.32% of the worldwide crypto market from yesterday and left it at $1.55 trillion. However, the buying and selling quantity surged 11.13% to $50.95 billion in the identical timeframe. Meanwhile, the concern and greed index within the crypto market was at 70, suggesting a “greed” sentiment available in the market.
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The Top Cryptos For Today Are
Pepe Coin Loses 6%
The Pepe Coin was in unfavourable territory on Monday, December 18, reflecting the gloomy sentiment witnessed within the broader market. Meanwhile, as of writing, the Pepe Coin value decreased by 5.81% to commerce at $0.000001323, whereas its buying and selling quantity plummeted 35.23% to $80.93 million.
Helium (HNT) Jumps 8%
The Helium crypto was among the many high proportion movers within the crypto market on Monday, defying the present market pattern. The Helium value soared 8.16% and traded at $7.70 throughout writing, whereas its buying and selling quantity over the past 24 hours jumped 13.85% to $51.47 million. Notably, over the past seven days, the crypto has added over 52%.
FTX Token (FTT) Soars 6%
FTX Token was one other high gainer within the digital asset area on Monday, suggesting that the traders are shifting their focus to the crypto. Meanwhile, as of writing, the FTX Token has added 5.91% and traded at $3.80, whereas its one-day buying and selling quantity fell 17.33% to $90.18 million. The crypto has additionally added 27% prior to now 30 days.
Also Read: XRP Price Can Face 10% Pullback to $0.55 As Per Technical Charts
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