Cryptocurrency Price Today: Global Market Cap Slides Below $800 Billion As Coins Struggle To Find Momentum
Cryptocurrency price on December 30 quick take: The global crypto market cap stood at $795.83 billion on the last working day of 2022.
2022 appears to end on a mellow note for crypto prices, as the global market cap dipped below $800 billion for the first time in months. Bitcoin (BTC) and Ethereum (ETH) failed to register major gains and other popular altcoins — including the likes of Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and Ripple (XRP) — saw minor movements in prices on early Friday morning. The BitDAO (BIT) token emerged to be the biggest gainer of the lot, with a 24-hour gain of over 18 percent. Helium (HNT), on the other hand, was the top loser with a 24-hour dip of 5.21 percent.
The global crypto market cap stood at $795.83 billion at the time of writing, registering a minor 24-hour gain of 0.02 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $16,601.08, registering a 24-hour gain of 0.28 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 14.15 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,197.09, marking a 24-hour jump of 0.23 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.03 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour gain of 0.05 percent as per CoinMarketCap data, currently priced at $0.07054. As per WazirX, Dogecoin price in India stood at Rs 6.20.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 1.13 percent. At the time of writing, it was trading at $67.11. LTC price in India stood at Rs 5,655.59.
Ripple (XRP) price today
XRP price stood at $0.3383, seeing a 24-hour loss of 1.91 percent. As per WazirX, Ripple price stood at Rs 28.66.
Solana (SOL) price today
Solana price stood at $9.60, marking a 24-hour dip of 1.05 percent. As per WazirX, SOL price in India stood at Rs 827.
Top crypto gainers today (December 30)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
BitDAO (BIT)
Price: $0.3355
24-hour gain: 18.85 percent
Trust Wallet Token (TWT)
Price: $1.32
24-hour gain: 5.67 percent
Toncoin (TON)
Price: $2.06
24-hour gain: 4.05 percent
Ethereum Classic (ETC)
Price: $15.65
24-hour gain: 2.55 percent
EthereumPoW (ETHW)
Price: $3.02
24-hour gain: 2.54 percent
Top crypto losers today (December 30)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Helium (HNT)
Price: $1.68
24-hour loss: 5.21 percent
Chain (XCN)
Price: $0.012
24-hour loss: 5.11 percent
Hedera (HBAR)
Price: $0.03862
24-hour loss: 5.05 percent
Holo (HOT)
Price: $0.001416
24-hour loss: 5 percent
Neutrino USD (USDN)
Price: $0.475
24-hour loss: 4.62 percent
What crypto exchanges are saying about the current market scenario
weTrade founder Prashant Kumar offered his take on the market scenario as well, "The global cryptocurrency market cap remained flat on Friday with Bitcoin trading at $16,600 and Ethereum close to $1,200 to wrap up the year. This year saw some major movement in the cryptocurrency sector and sets the ball rolling for the new year.”
Shivam Thakral, the CEO of BuyUCoin, said, “The last working day of the year seems to be calm for the crypto market even when traditional crypto markets are jittery due to geo-political uncertainty and evolving covid situation. Bitcoin is holding strong above the $16,500 level while Ether is hovering close to the $1,200 mark. The crypto assets like Bitcoin are expected to remain stable well into 2023 as well if news headlines remain kind. In 2023, we can expect institutions to participate in the crypto market in a big way supported by positive regulations.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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