Crypto Market: December 5, 2022
Investors’ anticipation of a more dovish stance from the US Federal Reserve kept the cryptocurrency market strong early Monday.
Bitcoin maintained the $17,000 milestone, while Ethereum approached the $1,300 mark. Instead of maintaining its current diet of 75 basis points, the Federal Open Market Committee is expected to increase interest rates by 50 basis points.
Bitcoin is trading at $17,080.74 USD with a 24-hour volume of $21,685,526,425 USD. Bitcoin rose 0.24% overnight. There are now 19,224,987 BTC coins in circulation, with a maximum of 21,000,000.
- Market Cap: $2,450,342,057,294.10
- 24h Vol: $132,176,916,140.00
- BTC Dominance: 51.75%
The worldwide cryptocurrency market valuation is $895 billion, up 0.82% in 24 hours and 62.63% year-over-year. Bitcoin’s market valuation is $329 billion today, dominating 36.76%. Stablecoins’ market value is $142 billion, 15.88% of the crypto market.
Axie Infinity’s Token increased by 22%, Solana increased by more than 4%, and Ethereum, Dogecoin, and Polkadot each increased by 3%.
- Ethereum $1,266.53 +3%
- Dogecoin $0.103506 +3%
- Polkadot $5.56 +3%
- Solana $13.79 +4%
- Axie Infinity $8.39 +22.70%
$AXS, $DOGE, $SOL, Bitcoin, Crypto market, Cryptocurrencies, Ethereum, Polkadot