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Crypto Market – January 2, 2023

In its first trading day of 2023, the cryptocurrency market showed optimism. The price of Bitcoin, the biggest digital token, rose 1.21 percent to $16,727.34, while the price of Ethereum stayed over $1,200.

Solana “has a bright future,” according to Ethereum co-founder Vitalik Buterin, and ARK’s Fintech Innovation ETF has added 158,000 shares of COIN as the company reaches an all-time low. The price of Solana has increased after Ethereum’s Vitalik Buterin tweeted his support for the cryptocurrency, although the price is still down by roughly 95% year-to-date.

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The current price of Bitcoin is $16,733.85 USD, and the 24-hour trading volume is $11,655,507,375 USD. Bitcoin has gained 0.71 percent during the last twenty-four hours.

  • Market Cap: $2,728,520,456,622.00
  • 24h Vol: $164,744,037,588.00
  • BTC Dominance: 50.69%

The worldwide cryptocurrency market valuation is $842 billion, up 1.21% in 24 hours and down -64.72% year-over-year. Bitcoin dominates 38.25% of the market with a $322 billion market valuation. Stablecoins’ market value is $139 billion, or 16.48% of the crypto market.

Most of the other major digital currency tokens were also trading up. There was a 13.31% increase in Solana’s stock price. In addition to the gains shown by Dogecoin, Cardano, Polygon, Binance, Tron, Litecoin, and Polkadot were also moving up in price. In contrast, XRP prices were falling.

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$BNB, $DOGE, $SOL, $XRP, Bitcoin, Cardano, Crypto market, Ethereum, Litecoin, Polkadot, Tron

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