CryptoSlate Daily wMarket Update – Dec. 13: Bitcoin nears $18k following CPI data release

The full cryptocurrency marketplace headdress saw nett inflows of $15.74 cardinal and presently stands astatine $871.87 cardinal — up 2.06% implicit the past 24 hours.

Bitcoin and Ethereum’s marketplace headdress was up 2.51% and 2.94% to $343.79 cardinal and $162.67 billion, respectively.

The apical 10 cryptocurrencies each posted gains implicit the reporting period. Solana (SOL) recorded a 4% growth, portion BTC and ETH posted gains of 2.16% and 2.89%, respectively. The marketplace was buoyed by amended than expected CPI data.

Source: CryptoSlate

The proviso of Tether (USDT) and USD Coin (USDC) grew implicit the past 24 hours. USDT’s proviso somewhat grew to $65.97 cardinal from $65.81 billion, portion USDC’s proviso roseate by implicit $2 cardinal to $45.16 billion.

Meanwhile, BUSD’s proviso declined implicit the reporting play to $18.8 billion.

Bitcoin

Over the past 24 hours, Bitcoin gained 2.16% to commercialized astatine $17,820 arsenic of 07:00 ET. Its marketplace dominance roseate to 39.3% from 39.2%.

The flagship integer plus traded precise intimately to $18,000 during the reporting period. The plus traded astatine a precocious of $17,930 astir 09:00 UTC connected Dec. 13 and traded sideways for the remainder of the day.

BTC 24-Hour Price Performance (Source: Tradingview.com)

Ethereum

ETH recorded 2.89% successful gains implicit the past 24 hours to commercialized astatine $1,324 arsenic of 07:00 ET. Its marketplace dominance roseate to 18.6% from 18.4% implicit the reporting period.

Over the past 24 hours, ETH’s terms broke the $1,300 obstruction and traded supra the people passim the day. Its worth peaked astatine $1,341.

ETH 24-Hour Price Performance (Source: Tradingview.com)

Top 5 Gainers

T-mac DAO

TMG is the day’s biggest gainer, rising by 60.24% to commercialized astatine $0.41771 arsenic of property time. Its marketplace headdress stood astatine $417.71 million.

Toncoin

The Telegram-related token continued its upward terms question successful the past 24 hours, posting gains of 21.73% to commercialized astatine $2.77919 arsenic of property time. Its worth has grown by implicit 50% successful the past 7 days. Its marketplace headdress stood astatine $3.39 billion.

Acala Token

ACA grew 20.69% implicit the reporting play to $0.14324 arsenic of property time. The token had risen by implicit 8% successful the past 7 days. Its marketplace headdress stood astatine $81.81 million.

Fetch

SiaCoin

SC grew 13.33% implicit the reporting play to $0.00294. Its marketplace headdress stood astatine $155.26 million.

Top 5 Losers

DigiByte

DGB is the day’s biggest loser, falling 11.11% implicit the reporting play to $0.00850. The proof-of-work token had risen by 15% successful the past 7 days. Its marketplace headdress stood astatine $134.9 million.

GMX

GMX fell 7.16% successful the past 24 hours to $54.6014. It was unclear wherefore the DEX token was falling. Its marketplace headdress stood astatine $436.3 million

Stacks

STX decreased 5% to $0.28579 arsenic of property time. Its marketplace headdress stood astatine $385.43 million.

MXC

MXC plunged 5.3% to $0.04271 arsenic of property time. Its marketplace headdress stood astatine $112.84 million.

Magic

MAGIC saw 3% losses implicit the reporting play to commercialized astatine $0.68565 arsenic of property time. Its marketplace headdress stood astatine $141.93 million

The station CryptoSlate Daily wMarket Update – Dec. 13: Bitcoin nears $18k pursuing CPI information release appeared archetypal connected CryptoSlate.