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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) $ 80,375.53 3.39%
ethereum
Ethereum (ETH) $ 1,846.20 2.80%
tether
Tether (USDT) $ 0.999763 0.03%
xrp
XRP (XRP) $ 2.23 0.15%
bnb
BNB (BNB) $ 574.07 0.44%
solana
Solana (SOL) $ 121.49 3.36%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.693112 5.15%
dogecoin
Dogecoin (DOGE) $ 0.162418 4.70%
tron
TRON (TRX) $ 0.223125 0.20%
staked-ether
Lido Staked Ether (STETH) $ 1,845.34 2.48%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 82,872.20 0.10%
pi-network
Pi Network (PI) $ 1.68 0.31%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 80,262.50 3.32%
leo-token
LEO Token (LEO) $ 9.72 0.02%
usds
USDS (USDS) $ 1.00 0.02%
stellar
Stellar (XLM) $ 0.267455 4.12%
chainlink
Chainlink (LINK) $ 12.78 4.63%
hedera-hashgraph
Hedera (HBAR) $ 0.185049 6.86%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,206.83 2.16%
avalanche-2
Avalanche (AVAX) $ 17.96 3.33%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 3.78%
the-open-network
Toncoin (TON) $ 2.72 0.26%
sui
Sui (SUI) $ 2.13 4.96%
litecoin
Litecoin (LTC) $ 86.81 4.94%
bitcoin-cash
Bitcoin Cash (BCH) $ 325.94 8.63%
mantra-dao
MANTRA (OM) $ 6.32 3.78%
polkadot
Polkadot (DOT) $ 3.89 2.05%
ethena-usde
Ethena USDe (USDE) $ 0.99933 0.07%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.03%
weth
WETH (WETH) $ 1,844.47 2.91%
bitget-token
Bitget Token (BGB) $ 4.17 0.78%
hyperliquid
Hyperliquid (HYPE) $ 12.33 5.31%
whitebit
WhiteBIT Coin (WBT) $ 28.15 2.20%
monero
Monero (XMR) $ 205.95 1.52%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,959.51 2.21%
susds
sUSDS (SUSDS) $ 1.04 0.04%
uniswap
Uniswap (UNI) $ 5.78 1.25%
dai
Dai (DAI) $ 0.999842 0.01%
aptos
Aptos (APT) $ 4.99 3.71%
near
NEAR Protocol (NEAR) $ 2.52 1.00%
pepe
Pepe (PEPE) $ 0.000007 2.89%
ethereum-classic
Ethereum Classic (ETC) $ 17.58 3.81%
ondo-finance
Ondo (ONDO) $ 0.813935 5.85%
internet-computer
Internet Computer (ICP) $ 5.32 2.79%
gatechain-token
Gate (GT) $ 20.04 0.38%
okb
OKB (OKB) $ 40.72 1.65%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 80,331.52 3.48%
aave
Aave (AAVE) $ 161.29 6.81%
mantle
Mantle (MNT) $ 0.721414 3.40%