The Christmas weekend failed to add some Christmas spirit to the price charts as most cryptocurrencies failed to show any major gains. Bitcoin (BTC) and Ethereum (ETH), the world’s most popular currencies, remained within the $16,000 and $1,200 range, respectively. Other popular altcoins, including Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), saw a mix of gains and losses across the board. The Graph token (GRT) turned out to be the biggest gainer of the lot, with a 24-hour jump of 5.70 percent at the time of writing.
The global crypto market capitalization stood at $812.09 billion at the time of writing, recording a 24-hour jump of 0.09 percent.
Bitcoin (BTC) price today
Bitcoin price sat at $16,905.05, posting a 24-hour gain of 0.40 percent, according to CoinMarketCap. According to the Indian exchange WazirX, the BTC price stood at Rs 14.44 lakhs.
Ethereum (ETH) price today
ETH price sat at $1,222.06, marking a 24-hour jump of 0.03 percent at the time of writing. According to WazirX, the Ethereum price in India stood at Rs 1.04 lakhs.
Dogecoin (DOGE) price today
DOGE posted a 24-hour loss of 1.41 percent according to data from CoinMarketCap, currently priced at $0.07617. According to WazirX, the Dogecoin price in India was Rs 6.68.
Litecoin (LTC) price today
Litecoin saw a 24-hour jump of 4.83 percent. At the time of writing, it was trading at $69.02. The LTC price in India stood at Rs 5,752.86.
Ripple Price (XRP) Today
XRP price stood at $0.3499, with a 24-hour gain of 0.13 percent. According to WazirX, the Ripple price stood at Rs 29.87.
Solana (SOL) price today
Solana’s price stood at $11.40, down 0.56 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,025.80.
Top cryptocurrency gainers today (December 26)
Based on CoinMarketCap data, here are the top five cryptocurrency gainers in the last 24 hours:
The graph (GRT)
24 hour gain: 5.70 percent
24 hour gain: 4.97 percent
Lido DAO (LDO)
24 hour gain: 3.22 percent
Classic Terra (LUNCH)
24 hour gain: 2.57 percent
24 hour gain: 2.54 percent
Top Crypto Losers Today (December 26)
Based on CoinMarketCap data, here are the top five cryptocurrency losers in the last 24 hours:
Loss of 24 hours: 3.85 percent
USD Neutrino (USDN)
Loss of 24 hours: 3.40 percent
Loss of 24 hours: 2.34 percent
Loss of 24 hours: 2.29 percent
MultiversX – Elrond (EGLD)
Loss of 24 hours: 2.01 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: “Bitcoin held below the $17,000 level over the weekend as prices continued to consolidate despite earlier gains. Over the past five days, the BTC price has faced rejection on both sides, indicating indecision among market participants. If BTC can close above the $16,900 level, it is likely to encourage a resumption of the previous rally.”
Sathvik Vishwanath, CEO and Co-Founder of Unocoin, said: “Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has been indicted on eight criminal counts by the US Commodity Futures Trading Commission (CFTC). ). The charges include spoofing, wash trading and tampering. Cryptocurrency exchange Binance has announced the acquisition of Indonesian exchange Tokocrypto, but will reportedly lay off staff as part of the deal. Bitcoin continues to trade around the $16,800 mark, with no major change in trend despite the holiday season.”
Shivam Thakral, CEO of BuyUCoin, said: “The holiday season keeps the cryptocurrency market stable with crypto heavyweights like Bitcoin and Ether seeing a marginal jump over the weekend. The latest Covid scare is keeping investors away from riskier assets and even traditional markets are facing the heat of the possibility of a Covid-induced slowdown. We can expect markets to remain volatile in the coming weeks due to geopolitical uncertainty, among other macroeconomic factors.”
Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not legal tender and is subject to market risk. Readers are advised to seek expert advice and carefully read the offering documents along with relevant relevant literature before making any type of investment. cryptocurrency market predictions are speculative and any investment made will be at the sole risk and account of the readers.