The crypto money market followed a mixed course on Saturday. Bitcoin (BTC) fell to 102 thousand dollars, while Ethereum (ETH) and the leading breast coins rise during the day. On the other hand, the most striking performance of the day came from Qtum; Crypto currency became the leader of the sector, increasing 40 %.
Bitcoin (BTC) fell to 102 thousand dollars
December Personal Consumption Expenditures (PCE) announced by the US Department of Commerce (PCE) increased by 2.6 %on an annual basis. This development caused fluctuations in the crypto currency market, while the price of BTC decreased by 2 %to $ 102.273. Bitcoin’s lowest level during the day was $ 101,543,88, while the highest level was recorded as 106.026.35 dollars.
In addition, Bitcoin’s market domination decreased by 0.16 %compared to yesterday to 58.08 %. The US Spot Bitcoin ETFs was only $ 241.28 million in the last week. This indicates that the interest of corporate investors has decreased. The price of ETH has increased by 2 %in the last 24 hours to $ 3,290. The lowest and highest levels during the day were recorded as 3,214,94 and $ 3,437,57, respectively. In this rise, intensive purchase movements of ETH whales were effective. However, the US ETHERUM ETFs in the last week of $ 73.29 million output drew attention.
Breast Coins also performed positively despite the stagnation throughout the market. Dogecoin (Doge) increased by 0.5 %to $ 0.3279. Shiba Inu (SHIB) gained 2.5 %and reached $ 0.00001903, while Pepe increased by 7.5 %during the day to $ 0.0000138.
Coins that win and lose the most of the market: Qtum rose by 40 percent
Qtum, which leads to the highest number of crypto currencies, reached $ 3.98 with a 40 %increase. In addition, Pudgy Penguins (Pengu) gained 13 %, Lidao (LDO) 12 %and Neo (Neo) 10 %. Among the crypto currencies that lost the most value, Fartcoin (Fartcoin) decreased by 14 %and fell to $ 0.8936. In addition, Official Melania Breast (Mellania) suffered a 10 %, SPX6900 (SPX) 8 %, and onyxcoin (XCN) 7 %.
Despite macroeconomic developments and the wavy course of Bitcoin, analysts think that the bull market still has not reached the summit. Famous analyst Michaël Van de Poppe emphasized the interest of the US government and corporate investors in Bitcoin and Web3 technologies, and said that the bull period continues.
