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Cryptocurrency Price Today: The crypto market traded within the crimson at present (Friday) as the worth of the highest two main cryptocurrencies, Bitcoin and Ethereum, had been underneath stress, down 1.39% and 5.75% on the time of writing. The international crypto market cap fell 1.03% at $852.30B, monitoring detrimental cues from the fairness markets following the 50bps fee hike by the Federal Reserve. 

The complete crypto market quantity over the past 24 hours is $33.73B, which makes a 25.64% lower. Let us have a look at the Bitcoin worth, Ethereum worth, and different market movers. 

Bitcoin worth at present, December 16:

Bitcoin worth at present 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 reside market cap of USD$336,445,973,040.

The growing promoting stress appears to have pulled down Bitcoin worth on Thursday and even at present. It is believed that till Bitcoin reaches above $18,000, bears will probably outperform bulls.

Ethereum Price Today, December 16:

Ethereum worth at present 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 reside market cap of USD$148,509,257,949, Ethereum holds its place because the world’s second-largest cryptocurrency. 

With Ethereum’s assist and resistance at $1,150 and $1,350, as per market analysts, it may entice patrons 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, based on coinmarketcap information. The commerce quantity was at $367 million.

Shiba Inu worth at present:

Shiba Inu worth at present 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 had been additionally down at present. Polygon worth fell 1.32% at USD$0.886166, whereas Solana worth was noticed buying and selling 0.62% decrease at USD$14.03.

Priyanka presently covers the most recent developments within the crypto market, NFTs, Metaverse, ICOs, and Blockchain. She likes writing research-based, informative articles for buyers, particularly those that are new available in the market. She holds MBA and is presently 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 every day, “The Pioneer.” She has over 5 years of expertise. During this time, she was additionally related to political consultancy corporations resembling IPAC and labored on governance-related points. Later, Priyanka developed a robust curiosity in finance, and whereas she was finishing her MBA, she labored as an analyst in a famend fairness analysis agency. Having lined international 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 could embrace the non-public 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 accountability in your private monetary loss.