Share this article
BTC
$83,183.69
-
0.81%ETH
$1,802.16
-
0.87%USDT
$0.9998
+
0.02%XRP
$2.1432
+
0.40%BNB
$592.65
-
0.89%SOL
$119.49
-
2.78%USDC
$1.0002
+
0.02%DOGE
$0.1684
-
1.76%ADA
$0.6538
-
1.11%TRX
$0.2375
-
0.57%LEO
$9.1142
-
0.74%LINK
$12.78
-
1.36%TON
$3.2528
-
4.70%XLM
$0.2514
-
3.21%AVAX
$17.83
-
1.96%SHIB
$0.0₄1233
-
0.04%SUI
$2.2066
-
2.39%HBAR
$0.1616
-
1.58%LTC
$82.54
-
2.38%OM
$6.2644
-
0.01%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Cryptocurrencies Approach New Year in Positive Mood
Bitcoin advanced to its highest price in three days, though all of the biggest cryptocurrencies are negative for the week.
Cryptocurrencies moved toward the year end in a positive mood, with bitcoin – the world’s largest crypto by market capitalization – adding about 3% over 24 hours and ether, the No. 2, also gaining more than 3%, CoinDesk data show.
- Bitcoin climbed above $48,000, the highest in three days, while ether topped $3,800, the highest price since Wednesday.
- All of the 10 largest cryptocurrencies by market cap were advancing as of 10:35 UTC, though all are lower than at the same time a week ago and all except Terra’s LUNA token and stablecoins tether and USDC are down more than 10% since the beginning of December, Messari data show.
- LUNA rallied after a November community proposal to “burn” tokens, or permanently remove them from circulation. It touched a record high of $103 earlier this week. In the past 24 hours, it has added 4% to almost $90.
Sheldon Reback
Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.
