Bitcoin fell 1.23% and traded between $16,500-$17,000 levels. Ethereum dipped below the $1,200 mark.
Top crypto tokens traded lower. Dogecoin declined 4.22% while Cardano, Polygon and Tron were also in the red. However, Binance rose about 0.6%.
The global cryptocurrency market cap was trading lower, barely holding $800 billion, down 1.35% in the last 24 hours.
The total volume in DeFi is currently $2.18 billion, 7.71% of the total crypto market 24-hour volume. The volume of all stablecoins is now $26.08 billion, which is 91.96% of the total crypto market 24-hour volume.
The market cap of Bitcoin, the world’s largest cryptocurrency, hovered around $320 billion, with a dominance of about 40%, an increase of 0.03% over the day, according to CoinMarketCap.
Crypto Cart: Quick
- Bitcoin $16,674.29 -1.23%
- Ethereum $1,198.86 -1.97%
- Tether $0.9998 -0.01%
- USD Coin $1 0.01%
- BNB $244.95 0.68%
- XRP $0.3608 0.29%
- Dogecoin 0.07187 -4.34%
- Cardano $0.2556 -3.02%
- Polygon $0.7934 -2.33%
- Polkadot $4.44 -1.71%
- Tron $0.05419 -0.79%
- Litecoin $68.61 -2.62%
- Shiba Inu $0.000008112 -2.09%
- Solana $10.76 -4.35%
Note: Price change in last 24 hours (Source:
coinmarketcap.com, data as of 10.05 hours, IST on December 28, 2022)
Global updates
US-based crypto exchange Kraken said on Wednesday that it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.
Kraken will deregister from the Financial Services Agency (JFSA) as of January 31, by which time clients would have to withdraw their fiat and crypto holdings, it said in a statement.
Kraken said it is fully funded to ensure that all affected clients could withdraw their assets in a timely manner.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
