Following better-than-expected US inflation data, today’s crypto market saw a bullish run. The Price of major cryptocurrencies contributed to today’s gains as the global crypto market cap rose 2.58% to $870.28B, resulting in the total crypto market volume soaring by 56.97% at $52.70B in the last 24 hours. Bitcoin price was up 3.44% at USD$17,769.79, while Ethereum gained 3.69% at $1,318.91.
The top gainers in the crypto market included Toncoin (TON), Solana (SOL), and Aptos (APT).
The digital asset industry saw memorable 24 hours. Meanwhile, investors are keenly watching US Federal Reserve’s move later in the evening, which is expected to direct the crypto market in the near term.
Top Crypto Gainers Today, December 14:
Toncoin Price today:
Toncoin was one of the brightest spots in the crypto market today. Today, the Toncoin price was spotted trading 12.06% higher at USD$2.45 with a 24-hour trading volume of USD$87,630,674. With a live market cap of USD$2,990,483,809, Toncoin ranks 22 per the data by CoinMarketCap. It has a maximum supply of 5,000,000,000 TON coins.
Solana price today:
With a 24-hour trading volume of USD$324,022,688, Solana’s price is up 5.64% at USD$13.83. The current CoinMarketCap ranking of Solana is 14, with a live market cap of USD$5,070,401,980.
Aptos Price today:
Aptos was spotted trading 3.96% higher at USD$4.64 in the early morning trade on Wednesday (14 December). With a live market cap of USD$603,238,239, the current ranking of Aptos, as per data by CoinMarketCap ranking is 62.
How are top meme coins performing today?
Dogecoin rose 1.56% at $ $0.091062. Its 24-hour trading volume was up by 37.71% at $726,277,040.
Shiba Inu was up by 3.42 percent to $0.000009154.
Stacks (STX), today’s top loser:
At the time of writing, Stacks was the top loser today as it was down 9.16% at USD$0.283693 with a 24-hour trading volume of USD$47,534,684. At this Price, the current CoinMarketCap market cap of STX is USD$382,596,950.
November inflation data lifts investors’ sentiments:
The US Labor Department revealed yesterday that the consumer price index (CPI) rose 0.1% last month after advancing 0.4% in October. This will likely impact the interest rate hike spree by the US Central Bank.
The S&P 500 and Nasdaq Composite were up 0.73%% and 1.01%, respectively. At the same time, the Dow Jones Industrial Average rose 0.30% at 34,108.64 points on Tuesday.