While Bitcoin and Ether prices fell in Asia on Wednesday morning, other top 10 non-stablecoin cryptocurrencies posted mixed results, with BNB leading the rise.
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quick facts
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According to CoinMarketCap, Bitcoin fell 1.49% to US$16,707 in the 24 hours to 8:15 am in Hong Kong, while Ether fell 1.39% to trade at US$1,212.
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Global cryptocurrency market capitalization fell 0.9% to US$807.38 billion over the past 24 hours, while total trading volume surged 28.07% to US$27.33 billion.
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BNB climbs 0.68% to $246.5, despite reports that Binance France and its parent company Binance Holdings face lawsuits in France for alleged misleading business practices and fraudulent cover-ups changed owner. Binance was reportedly sued by 15 of her investors in France in a complaint filed on December 14.
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Dogecoin widened its holiday loss by 2.77% to reach $0.07375 on Tuesday. Memecoin has continued its decline since Elon Musk, the owner of his Twitter account and a big proponent of cryptocurrencies, announced he was stepping down as CEO of the company.
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Several global markets, including the Dow Jones Industrial Average, which closed 0.11% higher on Tuesday, were boosted by Monday’s announcement that China would scrap inbound Covid quarantine rules from Jan. 8. .
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However, the S&P 500 fell 0.40% on Tuesday and the Nasdaq Composite fell 1.38%, closing after reports suggesting US house price growth may begin to slow in 2022.
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