After 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 capitalization rose 2.58% to $870.28 billion, resulting in total crypto market volume increasing 56.97% to $52.70 billion in the past 24 hours. Bitcoin price rose 3.44% to $17,769.79, while Ethereum gained 3.69% to $1,318.91.
The biggest winners in the crypto market were Toncoin (TON), Solana (SOL), and Aptos (APT).

The digital asset industry saw a memorable 24 hours. Meanwhile, investors are anxiously watching the move by the US Federal Reserve later in the evening, which is expected to steer 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 Toncoin price traded 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 22nd according to CoinMarketCap data. It has a maximum supply of 5,000,000,000 TON coins.

Solana price today:

With a 24-hour trading volume of $324,022,688, the price of Solana is up 5.64% to $13.83. Solana’s current CoinMarketCap ranking is 14, with a live market cap of USD $5,070,401,980.

Aptos Price Today:

Aptos was spotted 3.96% higher at USD$4.64 during early morning trading on Wednesday (Dec. 14). With a live market cap of USD $603,238,239, Aptos’ current ranking, according to CoinMarketCap ranking data, is 62.

How are the best meme coins performing today?

Dogecoin rose 1.56% at $0.091062. 24-hour trading volume increased 37.71% to $726,277,040.
Shiba Inu rose 3.42 percent to $0.000009154.

Stacks (STX), today’s top loser:

At the time of writing, Stacks was the biggest loser today as it fell 9.16% to 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 Lift Investor Sentiment:

The US Labor Department announced yesterday that the consumer price index (CPI) rose 0.1% last month after rising 0.4% in October. This is likely to have an impact on interest rate hikes by the US central bank.

The S&P 500 and Nasdaq Composite rose 0.73% and 1.01%, respectively. At the same time, the Dow Jones Industrial Average rose 0.30% on Tuesday to 34,108.64 points.

Priyanka is currently covering the latest developments in the crypto market, NFTs, Metaverse, ICOs and Blockchain. She enjoys writing research-based, informative articles for investors, especially those new to the market. She has an MBA and is currently deep into the crypto market. Priyanka studied journalism at the Indian Institute of Mass Communication, New Delhi, and started her career as a journalist for the English daily newspaper ‘The Pioneer’. She has more than five years of experience. During this time she was also associated with political consultancies such as IPAC and worked on governance related issues. Later, Priyanka developed a strong interest in finance, and while completing her MBA, she worked as an analyst at a reputable stock research firm. After discussing global stocks, IPOs, ASX 200, commodities and moving stories in North America, she realized there was much more to discover. It was then that she decided to enter the crypto market.

The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.

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