Cryptos Muted, Market Cap Above $800 Billion

crypto dec13 19dec22 lt

Cryptocurrencies remained muted on Monday amidst a global market landscape comprising rallying stocks, a weak Dollar, firm gold and rising bond yields. Overall crypto market capitalization is currently at $808 billion.

Bitcoin (BTC) is currently changing hands at $16,710.95, down 0.11 percent on an overnight basis. BTC is down 1.8 percent in a weekly basis, and 65 percent on a year-to-date basis. The lead cryptocurrency touched a high of $16,815.39 and a low of $16,671.80 in the past 24 hours. BTC market cap is currently $321, billion or 39.85 percent of the overall market capitalization.

Ethereum (ETH) gained 0.21 percent in the past 24 hours. ETH is however down 5.6 percent in a weekly basis, 2.2 percent on a monthly basis and 69 percent on a year-to-date basis. Ether ranged between $1,192.92 and $1,176.19 in the past 24 hours. The leading altcoin, which enjoys a market dominance of 17.9 percent, currently commands a market cap of close to $145 billion.

5th ranked BNB (BNB), the native token of the Binance cryptocurrency exchange has rallied 0.9 percent. Meanwhile, crypto firm Voyager Digital Ltd is reportedly selling its assets to Binance.US in a deal valued at about $1 billion.

7th ranked XRP (XRP) dropped 2.7 percent overnight and 9.3 percent in the past week amidst reports and apprehensions that Ripple Lab's lawsuit against the SEC appeared similar to that of LBRY which recently lost in the legal dispute with SEC.

8th ranked Dogecoin (DOGE) dropped 1.3 percent overnight amidst DOGE champion Elon Musk's Twitter poll on quitting the CEO post at Twitter gaining a 57-percent approval.

9th ranked Cardano (ADA) is trading with overnight losses of 0.71 percent.

10th ranked Polygon (MATIC) has also dropped more than 2 percent on an overnight basis.

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