Cryptocurrency prices today: Bitcoin and Ether gain marginally, Dogecoin and Shiba Inu fall

The worldwide cryptocurrency market cap has stayed unchanged in the last 24 hours, standing at $828 billion.

Today’s cryptocurrency price rose, with the world’s largest and most popular digital token trading nearly flat with a bullish bias at $16,566. According to CoinGecko data, the worldwide cryptocurrency market valuation today stayed below $1 trillion, remaining steady in the last 24 hours at $828 billion.

On the other hand, Ether, the second largest cryptocurrency and the token linked to the ethereum blockchain, was trading little higher at $1,195. Meanwhile, the price of dogecoin was around a percent lower today at $0.06, while Shiba Inu gained was down at $0.000008.


Tether, Stellar, XRP, Cardano, Litecoin, Polkadot, Uniswap, Solana, ApeCoin, and Chainlink prices were trading with gains during the last 24 hours, while XRP, Solana, Avalance, Polygon, and Tron were trading with losses.

Last year, digital assets were battered by everything from the Fed’s policy tightening to the implosion of the Terra/Luna ecosystem, hedge funds Three Arrows Capital, and exchange FTX, as the Federal Reserve and other major central banks around the world raised interest rates to combat historic inflation.

The high-profile crashes of Terra/Luna and FTX sent shockwaves across the sector and liquidated more than $2 trillion from the overall crypto market cap all-time high from November 2021, dubbed the “winter season” in terms of cryptocurrencies.

Bitcoin fell by more than 60% in 2022, its second-worst annual performance on record and only the third down year in history. Other cryptocurrencies suffered as well, with Ether losing about 70% and an index of the top 100 coins losing roughly 65%.

MicroStrategy Inc., the enterprise-software firm best known in recent years as the largest corporate buyer of Bitcoin, reported a series of transactions this week, including its first ever sale of the cryptocurrency, but it continues to be a net buyer. According to Bloomberg, MicroStrategy controlled over 132,500 Bitcoin valued more than $4 billion as of December 27, 2022.