Cryptocurrency

Top 10 Crypto Prices for December 18, 2023: Bitcoin Surges Beyond $43K, Altcoins and Crypto Stocks Follow Suit

Written By : Deva Priya

Bitcoin Jumps to $43K, Altcoins and Stocks Ride High on Fed's Rate Cut Projections

By late U.S. afternoon, BTC, the largest crypto asset, surged over $43,000, marking a nearly 5% climb from its earlier position below $41,000. Avalanche, Cardano, and Injective led with nearly 10% gains, propelling the CoinDesk Smart Contract Platform Index as the top-performing among CoinDesk's crypto sectors. The Fed's dovish projection triggered a substantial drop in bond yields and the U.S. dollar index (DXY), fueling a broad-market rally encompassing stocks and cryptocurrencies. Analytics Insight has listed the top 10 current cryptocurrency prices as of December 18, 2023.

Bitcoin- US$25,995.18 (Down by 1.89%)

Ethereum- US$1,649.45 (Down by 2.07%)   

Tether- US$0.9997 (Up by 0.02%)

BNB- US$215.13 (Down by 2.25%)

XRP- US$0.5124 (Down by 1.56%)

USD Coin- US$0.9999 (Down by 4.65%)     

Cardano- US$0.2615 (Up by 0.02%)

Dogecoin- US$0.06219 (Down by 5.30%)

Solana- US$20.62 (Down by 7.78%)

TRON – US$0.07653 (Down by 3.45%)

According to CoinMarketCap, the total crypto market volume over the last 24 hours is

US$51.09Bexperiencing a downfall of 2.41%.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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