Bitcoin Price and Trading Report: December 15th - Mine Digital
Knowledge

Bitcoin Price and Trading Report: December 15th

December 15, 2020 • 
Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Bitcoin Price

Morning Traders,

With no major selloff halfway through December (but with weird moves in markets still likely in the second half of the month) and stimulus related announcements, markets are faced with the prospects of a volatile and frankly dangerous 2021.

The year could see currencies rapidly losing value to both price declines and inflation and a bottle-neck into risk assets that can hold their value in a rout of fiat currency.

Bitcoin

Bitcoin is set for another stellar year in 2021 in which the groundwork laid for institutional custody and services in 2019 which matured in 2020 is given a macro-environment that greatly benefits the asset.

BTC last traded at $19,310

24 hr high: $ 19,347

24 hr low: $ 18,979

BTC/USD Chart

BITCOIN TRADE

Bitcoin has held up well with opportunities to sell off with a bit more motivation. Cautious traders will still be watching other risk markets for a lead, especially in the context of it being mid-December.

The big question on another leg up in risk markets could be whether there is a sell the fact event on the Biden confirmation and vaccine shipping coming along into this unpredictable environment

Ethereum

Ethereum is lagging Bitcoin on its latest move, posing the question of a secular Bitcoin bull market or otherwise reflecting a lack of interest in an asset that has recently been given life in its cross with BTC.

24 hr high: $ 592

24 hr low: $ 576

ETH/USD Chart

Digital Assets

Mixed results in alt assets overnight with significant swings in Bancor and Synthetix and more or less even across the rest

AssetCodePrice (USD)24hr Change (%)VolumeMarket Capitalisation
Aave$LEND0.8624927.117377,650,517.00$89,305,667.00
Algorand$ALGO0.3154181.8401378,968,545.00$253,308,677.00
Aragon$ANT2.98-0.5822912,569,211.00$102,999,477.00
Balancer$BAL12.22-1.7400617,382,133.00$125,494,653.00
Bancor$BNT1.2318.4117497,375,229.00$104,342,528.00
Cardano$ADA0.1574082.4244567,930,207.00$4,896,344,877.00
Chainlink$LINK12.87-0.84122680,329,421.00$5,102,330,399.00
Compound$COMP153.694.8244557,127,551.00$622,211,092.00
Curve Finance$CRV0.6384863.7488734,782,550.00$96,849,655.00
Dai$DAI1-0.09199112,408,351.00$1,095,589,316.00
Kyber Network$KNC0.909552-1.4611926,906,936.00$182,115,851.00
Loopring$LRC0.175804-0.8642423,843,248.00$219,065,505.00
Maker$MKR538.962.4353332,859,772.00$486,945,604.00
Meta$MTA1.08-2.973496,694,466.00$13,189,412.00
mStable USD$mUSD1-0.01815312,133.00$28,266,283.00
Ren$REN0.286351-0.5979923,690,267.00$251,541,425.00
Reserve Rights$RSR0.019113490.9876829,119,475.00$178,567,261.00
Stellar$XLM0.170644-2.39568516,466,654.00$3,720,898,651.00
Synthetix$SNX5.2511.2934477,789,048.00$725,273,304.00
Tezos$XTZ2.230.1912280,149,990.00$1,677,094,527.00
Universal Market Access$UMA7.37-1.766176,447,709.00$409,218,823.00
yearn.finance$YFI25813-2.06837306,543,435.00$773,354,848.00

Economic Calendar 

The Chinese data will be interesting this morning with hot and strange numbers turning up everywhere late in the year.

Whether you want to simply buy and sell or access advanced features, we have the tools you need. Mine’s order-book exchange lets you trade BTC, ETH, XRP, LTC and BCH against AUD, USD and USDT*. Mine Digital, Australia’s best Cryptocurrency Exchange.

Written By
Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

You look like you enjoyed this article, Sign up to our newsletter to stay abreast of the future of money, today!

Sign up

Never miss a thing! Sign up to
The Knowledge Mine Digital’s newsletter on all things Crypto