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Christmas Sale? Crypto Crash Sinks Bitcoin, XRP and Dogecoin

Crypto prices are plunging again Thursday, with Bitcoin and other major coins shedding a chunk of their recent gains as the market continues a correction that took hold on Wednesday following yet another Bitcoin all-time high price mark.

Bitcoin plunged to a current price of $97,020, just two days after rising to that new peak above $108,000. The leading cryptocurrency is now down 7% on the day—but other high-cap coins are seeing bigger losses on the day.

Ethereum has plummeted by nearly 12% on the day at a current price of $3,422, while the Ripple-linked XRP has nearly matched its fall with an 11% dip, trading for $2.22.

Meanwhile, the leading meme coin Dogecoin has collapsed by nearly 20% on the day at a current price around $0.31. And Solana has fallen below the $200 mark, tanking by 12% to a current price of $191.

It’s bloodshed up and down the crypto charts, with the broader market down by 9% per data from CoinGecko. Some $1.17 billion worth of long and short positions have been liquidated over the last day as a result, per data from CoinGlass, as Bitcoin leads the charge with $241 million in liquidations.

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Andrew Hayward

https://decrypt.co/297980/christmas-sale-crypto-crash-bitcoin-xrp-dogecoin

2024-12-19 18:27:35

bitcoin
Bitcoin (BTC) $ 81,659.88 0.81%
ethereum
Ethereum (ETH) $ 1,921.18 8.20%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.14 1.66%
bnb
BNB (BNB) $ 563.77 0.04%
solana
Solana (SOL) $ 124.08 3.12%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.732264 1.89%
dogecoin
Dogecoin (DOGE) $ 0.161269 7.25%
tron
TRON (TRX) $ 0.230719 1.66%
staked-ether
Lido Staked Ether (STETH) $ 1,917.72 8.36%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,437.82 1.13%
pi-network
Pi Network (PI) $ 1.38 3.50%
leo-token
LEO Token (LEO) $ 9.73 1.95%
hedera-hashgraph
Hedera (HBAR) $ 0.200952 4.34%
chainlink
Chainlink (LINK) $ 13.00 7.75%
usds
USDS (USDS) $ 0.999961 0.05%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,289.48 8.80%
stellar
Stellar (XLM) $ 0.254034 4.38%
avalanche-2
Avalanche (AVAX) $ 17.24 6.49%
sui
Sui (SUI) $ 2.19 7.40%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 5.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 340.23 6.20%
litecoin
Litecoin (LTC) $ 89.12 7.36%
the-open-network
Toncoin (TON) $ 2.63 3.27%
mantra-dao
MANTRA (OM) $ 6.26 0.70%
polkadot
Polkadot (DOT) $ 3.98 4.90%
ethena-usde
Ethena USDe (USDE) $ 0.999627 0.00%
weth
WETH (WETH) $ 1,920.41 8.37%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998929 0.03%
bitget-token
Bitget Token (BGB) $ 4.17 4.27%
hyperliquid
Hyperliquid (HYPE) $ 14.46 1.92%
whitebit
WhiteBIT Coin (WBT) $ 28.57 0.23%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,037.27 8.67%
monero
Monero (XMR) $ 205.33 1.43%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 81,556.85 1.04%
uniswap
Uniswap (UNI) $ 5.97 11.16%
susds
sUSDS (SUSDS) $ 1.04 0.04%
aptos
Aptos (APT) $ 5.61 1.43%
dai
Dai (DAI) $ 0.999918 0.01%
near
NEAR Protocol (NEAR) $ 2.46 5.10%
aave
Aave (AAVE) $ 180.55 7.61%
ethereum-classic
Ethereum Classic (ETC) $ 17.37 5.64%
ondo-finance
Ondo (ONDO) $ 0.820684 5.37%
internet-computer
Internet Computer (ICP) $ 5.29 6.37%
okb
OKB (OKB) $ 41.62 0.18%
pepe
Pepe (PEPE) $ 0.000006 5.76%
gatechain-token
Gate (GT) $ 19.98 0.95%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 81,704.89 0.86%
mantle
Mantle (MNT) $ 0.706186 0.70%