A report of a current event, knowledge, information
On Monday, the bitcoin market had uneven trade. While Bitcoin, BNB, Dogecoin, and Tron were trading higher, Ethereum, XRP, Cardano, and Polygon were trading lower.
Ethereum (ETH) was trading below the $1,550 mark while Bitcoin (BTC) increased by 0.10% to $21,840. BTC volume increased by 27.24% over the past 24 hours to reach about $19.34 billion.
According to CoinMarketCap, the market capitalization of BTC was around $421.47 billion, with a market share of roughly 41.52%.
"Over the weekend, Bitcoin fell below the US$22,000 mark after the American Kraken exchange stopped offering its staking service and paid the SEC a US$30 million fine for failing to register it. Currently, BTC is trading near its US$21,770 support level and shows signs of being in a bearish trend.
Stablecoin volume as a whole was $38.93 billion, or 91.23% of the 24-hour volume of the whole crypto market.
"The macroeconomic issues, such as regulatory uncertainty and higher-than-expected December consumer prices, are causing price swings across the cryptocurrency market.
Bitcoin $ 21,840 0.10%
Ethereum $1,520 -0.92%
Tether $1 0.01%
BNB $314.79 2.36%
XRP $0.3749 -1.79%
Dogecoin $0.08424 2.79%
Cardano $0.3628 -1.00%
Polygon $1.22 -2.96%
Polkadot $6.21 -0.55%
Tron $0.06515 1.98%
Litecoin $92.97 -0.67%
Shiba Inu $0.00001297 0.88%
Solana $21.04 0.97%