Crypto Market – December 19, 2022
The cryptocurrency markets saw minimal change during Monday’s early trading hours. Analysts of cryptocurrencies have warned that the Federal Reserve’s tightening of the money supply to stop inflation is not likely to stop soon. Moreover, worries over the volatility of the bitcoin market persist.
The 24-hour trading volume for Bitcoin is $13,437,465,856 USD. Bitcoin increased 0.09 percent overnight. With $321,891,099,393 USD, CoinMarketCap is the market leader. It holds 19,238,043 BTC coins in circulation, with a maximum of 21,000,000.
- Market Cap: $2,447,847,554,312.92
- 24h Vol: $75,981,762,806.29
- BTC Dominance: 50.68%
The worldwide cryptocurrency market value is $842 billion, down 0.03% in 24 hours and -63.98% year-over-year. Bitcoin dominates 38.26% of the market with a $322 billion market value. Stablecoins’ market value is $141 billion, or 16.77% of the crypto market.
On Monday, all major cryptocurrency tokens were down. XRP lost roughly 3%, while BNB increased about 3%. Tron, Shiba Inu, and Dogecoin all made the list of the top losses.