Cryptocurrency Price Today: Dogecoin Becomes Top Gainer Bitcoin, Ethereum Appears Stable – ABP Live

Bitcoin (BTC) and Ethereum (ETH) — the world’s most popular cryptocoins — managed to remain stable between $16,000 and $1,200 on Friday. Dogecoin (DOGE), on the other hand, proved to be the biggest winner of the lot with a 24-hour jump of over 5 percent. Other popular altcoins — including Litecoin (LTC) and Ripple (XRP) — saw marginal gains across the board. The token helium (HNT) turned out to be the biggest loser with a 24-hour drop of over 12 percent.
At the time of writing, the global crypto market cap stood at $812.76 billion, a 24-hour gain of 0.25 percent.
Bitcoin (BTC) price today
Bitcoin price traded at $16,830.80 and recorded a 24-hour loss of 0.18 percent, according to CoinMarketCap. According to Indian exchange WazirX, the BTC price was at 14.34 rupees.
Ethereum (ETH) price today
ETH price was at $1,222.31, a 24-hour jump of 0.68 percent at the time of writing. According to WazirX, Ethereum price in India was Rs 1.04 lakhs.
Dogecoin (DOGE) price today
DOGE posted a 24-hour gain of 5.46 percent, currently at $0.07777, according to CoinMarketCap data. According to WazirX, Dogecoin price in India was 6.59 rupees.
Litecoin (LTC) price today
Litecoin saw a 24-hour jump of 1.03 percent. At the time of writing, it was trading at $66.22. The LTC price in India stood at Rs 5,568.14.
Ripple (XRP) price today
XRP price was at $0.3494, which is a 24-hour gain of 1.58 percent. According to WazirX, Ripple price was 29.50 rupees.
Solana (SOL) rate today
Solana price was at $12, down 0.95 percent over the past 24 hours. According to WazirX, the SOL price in India was 1,031 rupees.
Top Crypto Winners Today (December 23)
According to CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Dogecoins (DOGE)
Price: $0.07778
24-hour gain: 5.38 percent
Terra Classic (LUNC)
Price: $0.0001362
24-hour gain: 4.86 percent
Axie Infinity (AXS)
Price: $7.04
24-hour gain: 2.87 percent
Cardano (ADA)
Price: $0.2605
24-hour gain: 2.72 percent
Huobi Token (HT)
Price: $5.44
24-hour gain: 2.70 percent
Top Crypto Losers Today (December 23)
According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Helium (HNT)
Price: $1.87
24-hour loss: 12.58 percent
Chain (XCN)
Price: $0.01805
24-hour loss: 6.41 percent
United Nations (UN)
Price: $21.94
24-hour loss: 3.79 percent
Zcash (ZEC)
Price: $39.95
24-hour loss: 3.41 percent
Tone coin (TON)
Price: $2.43
24-hour loss: 3.26 percent
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live, “Over the past 24 hours, bitcoin remained consolidated following the release of third-quarter GDP data from the US. The price of BTC fluctuated in the $16,500-$17,000 range. For the market to experience an uptrend, it is imperative for BTC to maintain its key level above current levels. However, if the price falls below $16,500, it is possible that bearish sentiment will return to the market.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “The BTC/USD pair saw a small pullback recently and has since recovered to the $16,700 level. This just shows bitcoin’s resilience and ability to recover from setbacks, and bitcoin is now above $16,800 which could indicate a bearish trend if closing prices break below this level. On the other hand, the immediate support level is $16,250 or $16,100 and a bearish break of this level could potentially result in a price decline.”
WeTrade founder Prashant Kumar also commented on the market scenario: “The global crypto market saw a 13 percent increase in trading volume in the last 24 hours. Market cap, while remaining in the green, has remained largely stable, with major cryptocurrencies holding up. Dogecoin and Cardano were up 5 percent and 3 percent, respectively, over the last day. With higher volumes, investors have again made transactions that strengthen the market.”
BuyUCoin CEO Shivam Thakral said: “The evolving Covid situation in certain regions is already showing its impact on traditional equity markets, but the crypto market is still isolated from the new Covid variant threat. The overall crypto market remains calm with insignificant price movements. Investors will be in wait mode as they prepare for the next potential Covid-induced economic slowdown.”
Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for losses from such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek professional advice and carefully read the offering document(s) and relevant key literature on the subject before making any type of investment. Cryptocurrency market predictions are speculative and any investment made is at the sole expense and risk of the readers.

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