Crypto Prices Today: BTC, Pepe Coin Slip As BTT Surges Ahead of Inflation Data
Release: 2023/12/11 13:14 Reading: 836
The crypto prices today were in the negative territory, with investors staying on the sidelines ahead of crucial inflation data. Notably, the U.S. Labor Department is set to release the Consumer Price Index (CPI) and Producer Price Index (PPI) data, which is an important gauge to measure inflation, later this week.
Meanwhile, global investors keenly await these data, as they could shape the central bank’s future stance with their rate hike plans. Considering that, the market watchers link the recent market volatility to anticipation of these key inflation figures.
A Closer Look At The Top Crypto Prices
Talking about today’s crypto prices, the Bitcoin price noted a slump of 4.10% and settled at $42,096.48.16 as of writing on December 11. However, its trading volume over the past 24 hours rose 30.65% to $21.7 billion. Although the recent decline has raised concerns in the crypto market, the pioneer cryptocurrency has added nearly 14% over the last 30 days.
Meanwhile, the Ethereum price mirrored the same trend as Bitcoin, with a 4.89% slump, reaching $2,238.29. The trading volume over the last 24 hours increased by 10.58% to $11.46 billion. Notably, despite these short-term setbacks, Ethereum displayed strong resilience over the last 30 days, with a nearly 9% surge in its price.
In addition, the XRP price encountered a setback, registering a 5.98% decline to trade at $0.6269, with its volume falling by 17.18% to $1.70 billion. Similarly, the Solana price dropped by 4.09% to $70.31, accompanied by a 3.11% decrease in its 24-hour trading volume to $2.64 billion.
The Cardano price was down 6.88%, reaching $0.5569, reflecting the gloomy sentiment hovering over the digital asset space. Meanwhile, the meme coins segment also signaled a cautious shift among investors towards safer assets.
The Dogecoin price slight decline of 0.65, trading at $0.09982, with its volume rising by 37.78% to $1.42 billion. On the other hand, the Shiba Inu price faced a 3.27% drop, settling at $0.000009882, while its trading volume decreased by 21.31% to $363.88 million.
Meanwhile, the slump in almost all the major digital currencies, especially the top 10 crypto prices, has pulled back the market from its recent gains. As of writing, the global crypto market cap slipped 3.28% to $1.58 trillion, while its trading volume from yesterday rose 5.2% to $62.9 billion. Meanwhile, the crypto market fear and greed index stayed at 80, suggesting an “extreme greed” sentiment in the market.
Also Read: Justin Sun’s HTX Exchange Sees $250 Million Outflow, Another Exchange Collapse?
The Top 4 Cryptos For Today Are
Pepe Coin Slips 6%
The Pepe Coin price was down 5.81% as of writing on Monday, December 11, and traded at $0.000001457. The recent decline in the popular meme coin comes amid a bearish sentiment witnessed in the broader crypto market, suggesting that investors are keeping their distance from the risk-bet assets. Meanwhile, Pepe Coin’s trading volume also declined 24.12% to $189.01 million at the same time.
BitTorrent (New) (BTT) Adds 24%
The BitTorrent price has started the week on a positive note, adding 24.54% to trade at $0.000001333 during writing on Monday. Meanwhile, the surge in the crypto price was also in contrast to the overall market scenario, making it among the top percentage gainers in the crypto market. Simultaneously, its trading volume skyrocketed 224% to $342.77 million.
Injective (INJ) Advance 16%
The Injective crypto was another top percentage mover in the digital asset space on December 11, suggesting that the investors are shifting their focus towards the crypto. Meanwhile, as of writing, the Injective price was up 16.53% to $22.23 during writing, and its trading volume from yesterday jumped 122.68% to $249.79 million.
Also Read: $300 Million Liquidated As Bitcoin (BTC) and Altcoins Enter Sharp Correction, What’s Next?
The post Crypto Prices Today: BTC, Pepe Coin Slip As BTT Surges Ahead of Inflation Data appeared first on CoinGape.
Recent news
More>- 3 altcoins under $1 set to explode like the Dogecoin and XRP price 11-22
- The 4 Top Cryptos for Long-Term Investment: How Polkadot, Dogecoin, XRP & BlockDAG Stack Up 11-22
- The 4 Top Cryptos for Long-Term Investment: How Polkadot, Dogecoin, XRP & BlockDAG Stack Up 11-22
- Donald Nukes Ukraine Solana Memecoin Will Skyrocket 15,000% Ahead of Exchange Listing, As Shiba Inu and Dogecoin Underperform 11-22
- Shiba Inu Coin Price Set To Surge, As Pepe And New Meme Coin Trend Globally 11-22
- Bonk (BONK) Sets New ATH. Which Bullish Memecoins Are Next? 11-22
- Bitcoin Bull Run Fuels Dogecoin trading volume on Kraken 11-22
- How high can Pepe Coin price climb in 2024? 11-21
- Should You Buy Bonk Now or Invest in New Low Cap Meme Coins 11-21
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com