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Crypto Market – December 15, 2022

The cryptocurrency market lost early gains on Thursday after the Federal Open Market Committee raised its benchmark rate by 50 basis points and hinted at further rate hikes.

Jerome Powell, the head of the US central bank, put markets on edge by pointing out that the Fed was still being hawkish about the economy, despite having scaled down its most recent interest rate increase.

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Bitcoin is trading at $17,684.42 USD with a 24-hour volume of $25,826,261,461 USD. Real-time BTC to USD pricing updates. Bitcoin fell 0.77% overnight, while Ethereum plummeted over 2% to below $1,300.

  • Market Cap: $2,741,033,236,302.00
  • 24h Vol: $187,343,068,158.00
  • BTC Dominance: 50.91%

The worldwide cryptocurrency market value is $895 Billion, down 1.53% in 24 hours and -62.19% year-over-year. Bitcoin dominates 37.98% of the market with a $340 billion market valuation. Stablecoins’ market value is $141 Billion, 15.76% of the crypto market.

All main crypto tokens were down. Litecoin fell 5%, BNB and Dogecoin each 4%. Tron and Solana gained 2%.

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$BNB, $DOGE, $SOL, Bitcoin, Crypto market, Cryptocurrencies, Ethereum, Litecoin, Tron

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