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Most cryptocurrencies fell on Thursday. The global crypto market cap was around $810 billion and $25.8 billion in the last 24hours. "Most cryptocurrencies fell slightly after the release of the US report on consumer confidence, which reached an eight-month high," emphasized Edul Patel, CEO and founder of Mudrex. BitcoinThe price of Bitcoin, the world largest and most popular virtual currency, fell 0.1 percent to $16,826.5. It had a market capitalization of $323.8 billion. The trading volume was 14.6 billion dollars. "BTC has been trading in a tight range and is trying to gather upward momentum. It recently recovered from $16,815 and is currently tracking the $17,000 level, which could lead to a return to the $18,000 area," said Edul Patel, CEO and Partner. Founder of Mudrex. EthereumThe second largest virtual currency, Ethererum, or Ether, rose 0.3 percent to $1,213.9 for a market capitalization of $148.6 billion. Ethereum had a trading volume of $4.1 billion in the last 24 hours. As for Ethereum, Patel said, "It recently bounced off the $1,150 support, indicating more demand at the lower levels." DogecoinDogecoin, a self-based virtual currency, rose 0.1 percent to $0.1. It had a market capitalization of $9.8 billion. The trading volume was 338.3 billion dollars. Solana Solana fell 0.5 percent to $12.1, with a market value of $4.4 billion. Solana had a trading volume of $162 million in the last 24 hours. Shiba InuShiba Inu fell almost a percent and had a market value of $4.5 billion. In the last 24 hours, the trading volume was 82 million dollars. Polygon Polygon fell 0.6 percent to $0.8 on a market value of $6.9 billion. During the last 24hours, the trading volume was 180.1 million dollars.

The share of retail investors selling Bitcoin has reached a 17% high, according to blockchain research firm Glassnode and IntoTheBlock. Fast facts GlassNode defines retail investors as any wallet that manages less than 10 BTC, which is currently worth $168,300. Data from IntoTheBlock also shows that the percentage of Bitcoin supply that has not been triggered in at least a year was also at its peak on Monday, accounting for almost 70% of the total. "Not perfect yet, but strong for a 12-year-old property and moving in the right direction," Will Clemente, a blockchain researcher at Reflexivity Research, said in a tweet where he shared a chart of Glassnode data. "Bitcoin technology expands over time, while the main holdings of fiat focus on whales over time." It is reported that only 2% of wallets controlled the supply of Bitcoin in the past two years, prompting criticism of the cryptocurrency concentrated power. However, some industry analysts have said that the reported figures do not take into account lost Bitcoins, stolen Bitcoins or guardians. The increase in the level of investors trading in Bitcoin is closely related to the increase in the price of the asset, rather than news such as the lack of confidence of public institutions, banks, or as a safe haven of another benefit, according to the November Bank report. . international standards.

aLitecoin (LTC) has surpassed Shiba Inu (SHIB) in terms of global market capitalization.LTC is currently in 14th place with SHIB just $60 million off its throne. The LTC team even tweeted a meme to celebrate the occasion.According to data from CoinMarketCap, Litecoin (LTC) has now surpassed Shiba Inu (SHIB) in terms of global market capitalization. LTC is currently ranked 14th according to the data. The current highest price of LTC is 4.66 $.SHIB approach to the main market with a difference of $ 60 million. Its market value is currently at $4.60 billion. SHIB is trading at $0.000008393, with a loss and gain of 2.2% in the last 24 hours. However, LTC traded up 2.9% in the last 24 hours and was valued at $64.90 at reporting time. Litecoin surpassed SHIB in terms of market capitalization on November 22, 2022. The official LTC Twitter account even tweeted to highlight the milestone with a popular meme. SHIB performance in terms of pricing is one of the main reasons for the rise in LTC. LTC is also considered as the second most active cryptocurrency. Messari did the research. They chose cryptocurrencies based on their estimated trading value over the past 24 hours.Litecoin also saw a 42% increase in market capitalization in the last 24 hours. It currently stands at $531,892,461. Although SHIB is not doing well in terms of price, its market value has increased by 48.8% in the last 24 hours. It is currently at $206,828,071. All cryptocurrency markets have been in an extended bear market. Every time the market tries to come back, another event pushes it back. Most of the best coins are 70-90% below their all-time highs.

BNB is the most popular crypto on Binance crypto exchange, followed by Bitcoin.The popular token, HOOK, ranked fourth in the "Crypto Trending on Binance" list. HOOK has a market capitalization of 214 on CryptoRank but has an overall increase of 5.1% in its market price. The leading crypto exchange, Binance flagship, BNB is the most popular cryptocurrency on Binance search platform, while the most popular crypto in the market, Bitcoin is in second place on the list. A recent data from Crypto Differ has revealed a list of the top 15 coins by search terms on Binance. But what is even more surprising is the "little known" brand, HOOK, which is in fourth place with a 5.1% increase in its market value. Note that HOOK has a market capitalization rank of 214 on CryptoRank. HOOK popularity is highest on the Binance exchange as only 8% of its volume comes from other exchanges while the rest comes from Binance. As for BNB, the coin receives only 31% of Binance volume while the remaining 69% comes from other crypto exchanges. The local token has seen a decrease of 5.1% in the last 24 hours. The third and fourth positions on the list are Ethereum (ETH) and Dogecoin (DOGE), respectively. Also, another crypto that does not like to make the list is a crypto wallet, SafePal brand, SFP, which has a market capitalization of 166. On Binance, SFP ranked 12th with 1.8 % of the highest price change over 24 hours. A significant decrease in BNB, however, may cause fear among crypto investors. After the collapse of FTX, panic started to circulate around Binance as it suddenly announced to stop withdrawing $USDC. However, President Changpeng Zhao later clarified that it was not the water crisis but banking issues that caused the withdrawal. Dismissing the comparison to FTX, Zhao also said that Binance has strong liquidity and no problems.

Bitcoin is far from its price of $21,000 in November 2022.Currently, BTC is moving at $16,715. VC Tim Draper predicted that BTC will hit $250,000 in 2023, which analysts say is impossible.Although Bitcoin (BTC) and other major coins have fallen due to the fall of FTX in November, some price forecasts are optimistic that BTC will hit $250,000 in 2023. Tim Draper, the founder of Draper Venture Network, recently predicted that BTC will hit $250,000 next year, despite the failure of FTX. However, this prediction is impossible in the eyes of other analysts, since BTC is not even above $60,000. As of this writing, BTC has traded at $16,715, down 0.28% in the last 24 hours. BTC Day 1 trading indicator shows that the coin is sitting below the shortest support zone at $16,880. If BTC breaks this support zone in the intraday trade, it may go back to its previous resistance of $17,100 in the following days. Apparently, after a volatile price change since late November, BTC reached $18,388 on December 14 due to the FOMC meeting. Also, the 20-day EMA shows that the candle is close to the EMA line, but the possibility of the price reaching that line is less in intraday trading. From another point of view, BTC is retracing the same pattern from September 13 to November 5. In this regard, there will be a slight push in the coming days. Significantly, upcoming economic events such as the IFO Business Climate Index and the CBI Industry Trends will also contribute to the price trends of BTC and other coins.

Technical indicators suggest that the price of ADA will decrease further by the end of 2022. The ADA efforts to challenge the unethical process were recently withdrawn. Traders may exit their positions after the Christmas rally. The current technical situation in the Cardano chart shows that the bottom line of the project, ADA, will end the last 2 weeks of 2022 with a huge loss. Many of the factors that have caused prices to line up over the past week have not had the expected impact on the price of altcoins. This can cause customers to leave their positions for the last Christmas session. Following the euphoria of lower US prices on Tuesday, the ADA price was strongly rejected when it attempted to test the red descending trend on its chart. The decline led to a fall in prices that continued last Friday. Therefore ADA cannot withstand the current market turmoil. Also, the fact that it is off the landing line again means that hope for a break is fading. Retailers may be looking to get out of their stockpiles after Christmas, which will lead to sales next week. This selloff will bring ADA value down to $0.194. ADA is trading at $0.2639 at reporting time after the price fell 1.49% in the last 24 hours according to crypto market monitoring website, CoinMarketCap. The altcoin also decreased against Bitcoin (BTC) and Ethereum (ETH) by 1.36% and 0.93% respectively. The daily RSI on the ADA chart suggests that the ADA price will break below the current 3-day support. This bearish news is also supported by the fact that the 9 day EMA is trading below the 20 day EMA mark.

Major cryptocurrency Bitcoin was on a big rally on Wednesday, hitting its highest level in a month on the back of a sharp slowdown in US inflation data. Generally speaking, the crypto market is currently running with the focus on the FOMC policy meeting. Bitcoin, which dominates the crypto market, approached the $18,000 mark as the weekly performance continued. Additionally, with a rosier-than-expected inflation print, Bitcoin snapped its seven-day losing streak. Other peers such as Ether, Binance, XRP, and Dogecoin have also been on the rise in the past 24 hours. According to data from CoinMarketCap, at the time of writing, the value of the crypto market is around $ 870.29 billion, up 2.58% from the last day. In addition, the market volume increased by 56.82% in the last 24 hours to $52.72 billion. Bitcoin, which has around 39.27% market share, is trading above $17,780 and is up more than 3.5% in the last 24 hours. The crypto market capitalization is about $341.5 billion. Its weekly performance made it higher than 4%. Binance is the most popular cryptocurrency on Wednesday. The current intraday Bitcoin price is $17,930.09. Shivam Thakral, CEO of BuyUcoin, India second oldest crypto exchange, said, "Bitcoin peaked in a month before the important meeting of the Fed. Central banks from the United States, Japan, the EU and the UK will leave their mouths the current population, which will have a significant impact on the movement of the price of digital assets in the short and short term. Bitcoin dominance has crossed the 41% mark, indicating a reduction in risk by a large number of investors. Other peers such as Ethereum jumped almost 4%, while BNB and XRP jumped more than 2% each, and Dogecoin is now up 1.75% in the last 24 hours. On Tuesday, US inflation fell to the lowest level of the year at 7.1% in November, more than the estimate of 7.3%. This month rate is the lowest since December last year. It would also be the fifth consecutive monthly drop in inflation. According to Arcane Research, a weaker-than-expected CPI release on Tuesday pushed BTC higher to $18,000 after seven days of volatile trading. Apart from the CPI, the market was quiet. The company lost momentum after a short period of time, and in turn, volumes and output declined. A dovish stance is now expected from the US Federal Reserve in its December forecast. Most expect a 50bp rate hike rather than the 75bp fourth rate hike forecast. To deal with high interest rates for decades, the FOMC tightened its monetary policy by increasing the key rate by 75 basis points for three consecutive policies. In their market research report dated December 13, Bendik Schei Head of Research and Vetle Lunde Senior Analyst at Arcane Research said, "Although Bitcoin has stabilized around $17,000 without material action in the past few weeks, this week can change because many are important. economic events."

Bitcoin, Ether Rise in Mixed Trading; US stocks rise ahead of inflation data Bitcoin and Ether rose on Tuesday morning in trading in Asia, with 10 other major cryptocurrencies seeing mixed performance. BNB and Dogecoin lead to losses, while Polygon and XRP saw huge gains. US stocks rose overnight ahead of the release of November consumer prices on Tuesday and interest rate figures expected on Wednesday. Fast facts Bitcoin gained 0.6% to US$17,207 in the 24 hours to 8am in Hong Kong, while Ether rose 0.8% to US$1,274 according to CoinMarketCap. BNB fell 2.9% to trade at US$276.28. The bottom line of the crypto exchange Binance Global Inc. hit news and analysis of Binance assets may raise a red flag, according to a report in the Wall Street Journal on Saturday. A review of Binance by the research firm Mazars lacks information about the internal credential management and organization of the company, according to the report, citing accounting experts. Total crypto market capitalization rose 0.4% to $849.5 billion, while market volume in the 24 hours to 9:30 a.m. in Hong Kong jumped 29.8% to $35.1 billion. Top memecoin Dogecoin fell 2.8% to US$0.09, while Shiba Inu copycat lost 1.8% to change hands at US$0.000008961. Polygon rose 1.9% to US $0.91 and XRP gained 1.5% to US $0.38. US markets ended higher on Monday. The Dow Jones Industrial Average gained 1.6%, the S and P 500 Index rose 1.4% and the Nasdaq Composite Index ended the day up 1.3%. Investors are waiting for Tuesday for release of the consumer price index for November, which is a key indicator of inflation and the economy. Business economists expect November inflation to be 7.3%, which is the fifth straight monthly decline and the weakest since December 2021. The rate was 7.7% in October, down to 8.2% in September. The US Federal Reserve is expected to raise interest rates by 50 basis points at a two-day meeting of the Federal Open Market Committee that will begin on Tuesday, December 13. It raised the rate by 75 basis points in its previous four meetings. The Fed has raised interest rates since March to curb inflation, from near zero to a 15-year high of 3.75% to 4%, and indicated that rates could eventually rise 5%. The central bank wants growth within its 2% target.