Crypto Prices Today: Bitcoin & Pepe Coin Fall As KCS Rises

The crypto prices today have continued their downward trend, suggesting investors are taking a break following a recent market bull run. Meanwhile, the previous month and the December start has been a boon for the cryptocurrency market, as the traders have shifted their focus towards the risk-bet assets.

However, the ongoing week has been challenging for the crypto prices, as the market participants seem to be taking a break amid a volatile scenario in the market. In addition, key economic data like the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) data are scheduled for release this week. According to pundits, investors await the key inflation data, as it could shed light on the potential future stance of the Federal Reserve’s rate hike plans.

Meanwhile, looking at the major crypto prices, the Bitcoin price slipped 1.12% as of writing to trade at $41,632.34 on Tuesday. Meanwhile, its trading volume over the last 24 hours rose 58.15% to $34.13 billion. However, over the last 30 days, the BTC price has added nearly 13% through December 12.

Simultaneously, another leading crypto in the digital asset space, the Ethereum price also noted a slump of 0.6% to $2,229.66 during writing, with its trading volume rising 28.41% to $14.62 billion. In contrast, the BNB price defied the market trend and has added 8.63% from yesterday to trade at $253.05, while its trading volume rose 82% to $1.44 billion.

Meanwhile, the XRP price was down 0.82% to $0.623, and its trading volume soared 3.09% to $1.75 billion. On the other hand, the Solana price noted slight gains of 0.34% to $70.82, and its one-day market volume jumped 17.05% to $3.09 billion.

In the meme coins segment, the Dogecoin price moved towards the south with a loss of 4.2% and traded at $0.09595, and its trading volume fell 4.4% to $1.35 billion. In addition, the Shiba Inu price decreased by 2.66% to $0.000009634 during writing, and its market volume from yesterday declined 24.4% to $273.06 million.

Meanwhile, the recent selloff in the digital asset space, as witnessed by the slump in major crypto prices, has dragged down the overall market’s performance. As of writing, the global crypto market cap fell 0.23% to $1.57 trillion, while the total crypto market volume soared 30.19% to $82.72 billion. Notably, the fear and greed index also inched down to 74 from last week’s reading of 80, suggesting a greed sentiment in the market.

Also Read: Stablecoin Supply on Solana Jumps 8%, SOL Price Back At $72

The Top Cryptos For Today

Pepe Coin Slips 2%

The Pepe Coin continued to move towards the south on Tuesday, December 12, amid a downturn momentum noted in the broader crypto space. Meanwhile, as of writing, the Pepe Coin price declined 2.11% to $0.000001427, with its market volume decreasing 24.55% to $141.91 million. However, over the last 30 days, it has added nearly 13.5% through today.

KuCoin Token (KCS) Adds 31%

The KuCoin Token was among the top gainers in the digital asset segment, defying the gloomy trend noted in the market. As of writing on December 12, the KuCoin price soared 30.87% to $12.98, while its trading volume skyrocketed 174.97% to $15.99 million over the last 24 hours.

Avalanche (AVAX) Soars 17%

The Avalanche (AVAX) was another top percentage mover in the crypto market on Tuesday, suggesting a growing interest of the investors towards the crypto. As of writing, the Avalanche price was up 16.71% and traded at $41.59, while its one-day trading volume added 43.5% to $3.21 billion. Notably, the AVAX price has witnessed a surge of over 83% in the last seven days.

Also Read: El Salvador Announces Bitcoin Volcano Bonds Issuance Date