On 19 December, the crypto market was in the red as the majority of the top cryptocurrencies were trading with losses. Bitcoin dipped by 0.23%, while Ethereum tumbled by 0.74%.
New Delhi,UPDATED: Dec 19, 2022 11:34 IST
On Monday, most of the cryptocurrencies failed to register gains. The world’s largest crypto, Bitcoin, was trading at $16,722.13, falling by 0.23 percent over the last 24 hours. At the time of writing this article (1100 IST), the second largest crypto, Ethereum, dropped by 0.74 percent and was valued at $1,181.75. Other leading coins like XRP tanked by 4.02 percent, Cardano fell by 1.22 percent, Polygon declined by 1.77 percent and Litecoin decreased by 3.54 percent.
However, cryptos like Toncoin gained 4.74 percent, Monero was up by 0.60 percent, and Cosmos increased by 0.31 percent and were trading at $2.69, $144.72, and $8.83, respectively.
Today, the global crypto market sank by 0.58 percent since the previous day and stood at $807.46 billion, while the total crypto market volume witnessed a decline of 12.69 percent to $22.57 billion, as per the data from Coinmarketcap.
Monday’s top gainers include XDC Network, and Toncoin, gaining by 5.30 percent and 4.74 percent, while XRP, NEAR Protocol, and Zilliqa were among the top decliners, down by 4.02 percent, 3.94 percent, and 3.65 percent, respectively.
Meme coins down
Popular meme coins, too, registered losses on Monday. Dogecoin was down by 2.44 percent and was valued at $0.07756, while Shiba Inu lost 3.26 percent and was trading at $0.000008521 (at the time of writing).
Metaverse tokens in the red
Top metaverse tokens were trading with losses. Apecoin lost 0.15 percent, The Sandbox dipped by 3.21 percent, Axie Infinity was down by 1.25 percent and Decentraland shed 2.75 percent.
