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Dec 12,2022

Latest Cryptocurrency Prices: Bitcoin, Ethereum Down 1%, Dogecoin Down 9%

Cryptocurrencies went down on Monday. The global crypto market capitalization stands at $840.2 billion, with volume close to $29.3 billion in the past 24 hours.

Bitcoin
The worlds largest and most popular cryptocurrency, Bitcoin, fell 1.4% to $16,906.3. Its market value stands at $325.1 billion. The business value is almost $16.3 billion.

"Bitcoin is trading in a strong zone, changing hands between $ 17,300 and $ 16,800 for the last two weeks, showing a high limit. However, buyers and sellers the market is defensive at a high level. Immediate support for BTC currently sits at $16,900 and resistance at $17,000,” said Edul Patel, CEO and founder of Mudrex.

Ethereum
The second largest cryptocurrency, Ethereum or Ether, fell 1.9% to $1,245.5 on a market capitalization of $152.5 billion. Ethereum market cap is $3.9 billion in the last 24 hours.

On Ethereum, Patel added, "Ethereum also bought similar lines strongly with BTC. ETH is trading around $1,300 and $1,225." Due to market uncertainty, the price is struggling to move beyond these levels.”

Dogecoin
Meme virtual currency Dogecoin fell almost 9.1% on Monday. Its market value stands at $11.6 billion. The business value is $413.4 million.

Shiba Inu
Shiba Inu fell 4.3% with a market capitalization of $4.9 billion. The trading volume was $115.9 million in the last 24 hours.

Solana
Solana fell 4.7% to $13 on a market capitalization of $4.8 billion. Solana market value is $149.6 million in the last 24 hours.

Polygon
Polygon fell 3.4% on a market capitalization of $7.7 billion. The trading volume reached almost $178.5 million in the last 24 hours.

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