CryptoSlate Daily wMarket Update – Dec. 12: BTC back above $17K as market turns green again CryptoSlate Daily wMarket Update – Dec. 12: BTC back above $17K as market turns green again
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
2 min read
Updated: Dec. 13, 2022 at 1:05 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $11.76 billion and currently stands at $856.13 billion — up 1.42% as of press time.
Meanwhile, Bitcoin and Ethereum’s market cap was up 2.64% and 2.56% to $335.47 billion and $157.52 billion, respectively.
The top 10 cryptocurrencies posted mixed performances over the reporting period. The biggest losers were BNB and Polkadot (DOT), which fell 5.49% and 0.14%, respectively. In contrast, the biggest gainer was XRP, recording a 2.9% gain over the last 24 hours.
The market cap of Tether (USDT) and USD Coin (USDC) posted mixed performances. USDT up 0.15% to $65.81 billion and USDC down 0.67% to $42.55 billion. BinanceUSD (BUSD) market cap stood at $21.84 billion, down 1.14% over the reporting period.
Bitcoin
Bitcoin gained 2.65% to trade at $17,985 as of 07:00 ET. Its market dominance rose to 39.2% from 38.7%.
The leading cryptocurrency rose above $17,000 on Dec. 13. The asset traded at a high of $17,453 and bottomed at $16,996 over the reporting period.
Ethereum
ETH recorded 2.62% in gains over the last 24 hours to trade at $1,287 as of 07:00 ET. Its market dominance rose to 18.4% from 18.2% over the reporting period.
Over the last 24 hours, ETH’s price peaked at $1,291 and bottomed at $1,248.
Top 5 Gainers
Toncoin
TON increased 9.4% to $2.29 as of press time. The Telegram-related token is up 25% over the last seven days. Its market cap stood at $2.79 billion.
LDO
LDO rose by 5.46% in the last 24 hours to $1.05. Its market cap stood at $329.60 million.
COMP
COMP gained 4.41% over the reporting period to trade at $39.23 as of press time. Its market cap was $285.09 million as of press time.
CRV
CRV is also among the day’s top gainers, rising by 3.75% over the reporting period to $0.636 as of press time. Its market cap stood at $338.19 million.
BTC
BTC is up 3.58% over the last 24 hours to $109.48. Its market cap stood at $2.1 billion.
Top 5 Losers
Trust Wallet Token
TWT is the day’s biggest loser, falling 19.91% to $2.11 as of press time. Its market cap stood at $880 million.
Neutrino USD
USDN fell 11.54% over the reporting period to $0.71 as of press time. Its market cap stood at $485.39 million.
APE
APE decreased by 6.25% to $4.12 as of press time. Its market cap stood at $1.48 billion.
CAKE
CAKE lost 5.62% of its value over the reporting period to $3.72 as of press time. Its market cap stood at $590.64 million.
BNB
BNB fell 5.04% to $268.91 over the last 24 hours. Its market cap stood at $43.01 billion.
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Posted In: Wrapped
Author 
Josh O'Sullivan
Josh has been writing for a decade and is passionate about mainstream crypto adoption, bringing positive financial change to the masses through crypto and decentralized finance as a whole.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
PancakeSwap
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PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain.
Bitcoin Cash
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Bitcoin Cash (BCH) is a cryptocurrency created via a fork of the Bitcoin network.
Curve DAO Token
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Curve DAO (Decentralized Autonomous Organization) is a decentralized platform built on the Ethereum blockchain that aims to provide a stable and efficient market for trading stablecoins.
