Crypto News Today Live Updates December and Latest News: (3 January 2023) The global digital asset market recorded a broad but marginal recovery on Tuesday. The cumulative market cap is up by 1% over the past day to stand at $806 billion. However, cryptos like Solana (SOL) and Lido DAO (LDO) prices surged by over 15% over the last 24 hours.
Crypto News Today Live Updates
Bitcoin (BTC) Price To Tank Below $10K?
Bitcoin (BTC) price remained steady for a while at around $16,700 levels. BTC has been trading in a very tight range of support of $16,600 and a strong resistance of $17,000.
VanEck expects the BTC price to fall in the range of $10K-$12K in the first quarter of 2023. Read More Here…
XRP Price To Surge, Depicts On-Chain Data
Ripple’s native cryptocurrency XRP has shown a bit of price volatility recently and witnessed selling pressure. Post the collapse of the crypto exchange FTX, the altcoin has been struggling to surge past $0.40.
In the last 24 hours, Ripple’s native crypto has surged by 4.5% and is currently trading at $0.35. Currently, the XRP Network is showing major divergence pointing at a strong bull case scenario. Read More Here…
Bitcoin Mining Difficulty Drops 3.6%
As per the data, Bitcoin Mining Difficulty fell by 3.6% on Tuesday. This drop came after some of the US mining farms were unplugged due to deadly winter storms. The mining difficulty reading came in at 34.09 trillion at block height 770,112.
Crypto Market Recover Marginally
The global digital asset market recorded a broad but marginal recovery on Tuesday. The cumulative market cap is up by 1% over the past day to stand at $806 billion. The 24 hour trading vol is up by 31% to stand at $23.5 billion.
