Crypto Market – Sept 12, 2022

After a dramatic weekend rally, crypto tokens saw some profit taking first thing Monday morning. Bitcoin, however, maintained its advances and made its way closer to the $22,000 level.

Over the past day, Bitcoin (BTC) has fluctuated in price between $21,459 and $22,371. At the time of writing (09:00 UTC), one bitcoin can be purchased for $22,232, a gain of 2.59% from the previous trading session’s low.

The total value of all cryptocurrencies on the market is now $1.12 trillion, a gain of 1.14% in the last 24 hours and a loss of 48.88% over the course of a year. At its current price, Bitcoin’s (BTC) market cap is $428 billion, giving it a share of the overall market of 38.16 percent. The market value of stablecoins is now $154 billion, or 13.73 percent of the overall cryptocurrency market value.

  • Market Cap: $1,099,050,125,507.71
  • 24h Vol: $57,232,662,279.87
  • BTC Dominance: 37.13%

Market capitalization-wise, the most significant cryptocurrencies are trading sideways to down. All major tokens were trading in the red except Bitcoin and Tether, which is tethered to the US dollar. Bitcoin gained over 1% while Ethereum and Dogecoin were among the top 2% losers. In the last hours, Solana and Avax were up strongly, by 9% and 7% respectively, while Cardano was down 1%.

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