Over the past 24 hours, the cryptocurrency market remained relatively calm – perhaps somewhat expectedly, given the Christmas holidays. This is also reflected in the diminishing daily trading volume. However, some cryptocurrencies managed to chart notable gains.
Bitcoin Aims at $17K
Bitcoin’s price is trading more or less than it was yesterday at this time. It appears that the cryptocurrency is consolidating closely below the important resistance level of $17K.
Data from CoinGecko shows that the BTC dominance continues increasing, albeit slightly. This is the most common means of gauging its growing share relative to 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 slight exceptions.
The best performer from the top 10 was Ripple’s XRP. It managed to increase by a considerable 5.6% in the past 24 hours and is currently trading at around $0.37.
ETH, BNB, DOGE, Cardano, and Polygon are all charting smaller differences – nothing too significant.
Elsewhere, the best performer of the top 100 coins by means of total market cap is Terra Luna Classic (LUNC) – it’s up almost 15% in the past 24 hours. QNT and LDO are also charting notable gains of around 8%.
On the other end of the spectrum, Chain’s XCN is down 5% – making it the worst performer today. NEXO is down 3.5%.
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making investment any decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.