Crypto price today, December 22nd. Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin NEAR ORDI ABP Live TV
Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to stay closer to $44,000 early Friday as its rally continued. Popular altcoins – including Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC) and Dogecoin (DOGE) – consistently landed in the green. NEAR Protocol (NEAR) remained the biggest gainer of the group with a 24-hour jump of over 23 percent. ORDI (ORDI) also remained the biggest loser with a 24-hour decline of almost 8 percent.
The global cryptocurrency market cap was $1.66 trillion at the time of writing, representing a 24-hour jump of 2.19 percent.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was at $43,998.47, with a 24-hour jump of 0.76 percent. According to Indian exchange WazirX, the BTC price was at Rs 38.11 lakh.
Ethereum (ETH) price today
At the time of writing, ETH price was at $2,249.52, up 2.24 percent in 24 hours. According to WazirX, Ethereum price in India was at Rs 1.94 lakh.
Dogecoin (DOGE) price today
According to CoinMarketCap data, DOGE recorded a 24-hour jump of 2.26 percent and is currently at $0.0937. According to WazirX, Dogecoin price in India was at Rs 8.10.
Litecoin (LTC) price today
Litecoin recorded a 24-hour decline of 1.75 percent. At the time of writing, the price was trading at $70.92. The LTC price in India was at Rs 6,101.02.
Ripple (XRP) price today
XRP price was at $0.6201, up 0.75 percent in 24 hours. According to WazirX, Ripple price was at Rs 53.65.
Solana (SOL) price today
Solana price was at $98.20, representing a 24-hour jump of 17.97 percent. According to WazirX, SOL price in India was Rs 8,100.
Top Crypto Gainers Today (December 22)
According to CoinMarketCap data, here are the five crypto winners from the last 24 hours:
NEAR protocol (NEAR)
Price: $3.59
24 hour profit: 27.03 percent
Algorand (ALGO)
Price: $0.2463
24 hour profit: 24.70 percent
Oasis Network (ROSE)
Price: $0.1117
24 hour profit: 18.69 percent
Axelar (AXL)
Price: $1.22
24 hour profit: 17.46 percent
Solana (SUN)
Price: $97
24 hour profit: 16.73 percent
Top Crypto Losers Today (December 22)
According to CoinMarketCap data, here are the top five crypto losers in the last 24 hours:
ORDI (ORDI)
Price: $52.60
24 hour loss: 9.96 percent
PRICE (1000 PRICE)
Price: $0.0006964
24 hour loss: 8.68 percent
Stack (STX)
Price: $1.39
24 hour loss: 3.76 percent
Rendering (RNDR)
Price: $4.37
24 hour loss: 3.73 percent
Blur (BLUR)
Price: $0.5117
24 hour loss: 3.61 percent
What crypto exchanges say about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “In the last 24 hours, Bitcoin has risen above $44,000, driven by Bitcoin ETF discussions involving BlackRock, Nasdaq and the SEC. “ With a notable gain of 16 percent this month and an impressive 165 percent increase year-to-date, the market is optimistic after Argentina officially adopted Bitcoin as its official currency. El Salvador’s recent law offering citizenship to foreign Bitcoin investors further adds to the positive sentiment. BTC faces resistance at $44,300 and finds support at $43,500. The prevailing optimism in the market suggests that Bitcoin could soon reach $48,000 if the current momentum continues.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said: “As an uptrend rebuilds and some losses are reversed, BTC is trading above the $44,000 mark again.” Reports, including the expected approval of the Spot BTC ETF, continue to strengthen this Investor trust. However, given the recent price movements, the market expects low volatility for BTC in the coming days. In the altcoin universe, Solana is catching the attention of investors. Shortly after overtaking XRP to become the fifth largest cryptocurrency, SOL has now overtaken BNB to become the fourth largest cryptocurrency in the world. SOL is currently trading at approximately $93.9, started the year at approximately $9.96 and has grown over 840 percent in 2023.”
Rajagopal Menon, vice president of WazirX, said: “The week continued to be marked by new developments for Solana and Near Protocol as both networks are expected to see a surge in the coming weeks, according to experts,” as the SEC continues its crackdown on crypto companies in the US , the impact of the same on the ecosystem has been minimized compared to a year ago. All of this points to a more mature market. Bitcoin's dominance has also reached a two-year high, suggesting that its rally will soon be followed by altcoins and memecoins. However, after a period of steady rise, BTC may face resistance in the coming days.”
Shivam Thakral, CEO of BuyUcoin, said: “The total crypto market capitalization rose to $1.66 trillion, with Bitcoin hitting $44,000 just before Christmas.” The crucial meeting between Blackrock, Nasdaq and SEC on Theme Bitcoin ETF sent strong positive signals that resulted in positive market sentiment. Solana is leading the altcoin rally with an increase of over 16 percent in 24 hours. As we enter the last week of 2023, the crypto market is gaining more and more momentum to maintain momentum into 2024.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin, the leading cryptocurrency, has seen a slight decline recently but is holding steady above $43,500, signaling strong market sentiment.” This stability at $43,000 Dollar highlights continued investor confidence amid market volatility, a critical indicator for cryptocurrency in general. Key factors driving Bitcoin's bullish trend include increased expectations for the SEC's approval of a Bitcoin Exchange Traded Fund (ETF). Recommendations from influential figures like Michael Saylor and Tim Draper, particularly their positive views on altcoins like Stacks (STX), add to the positive outlook. Anticipation of the SEC's decision to approve Bitcoin ETFs is fueling optimism, with Michael Saylor highlighting the potential to democratize access to the crypto market, similar to the transformative impact of the S&P 500 ETF.”
The CoinDCX research team told ABP Live: “Over the last 24 hours, both BTC and ETH maintained positive momentum following the release of weekly jobless claims data and quarterly US GDP growth data.” The US market also closed in the green and the decline in the DXY (dollar index) is seen as positive for the crypto market. BTC is currently close to the resistance zone at $44,000 to $44,500. On the other hand, ETH is trading between two important levels at $2,130 (support) and $2,450 (resistance). Since it is the weekend and Christmas, market volume is expected to be lower, which may lead to sideways movement for a few days. In particular, top altcoins such as Solana, AVAX and DOT continue to show strength in the market.”
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