Cryptocurrency saw a slight rebound at the start of the week, with some tokens in the Binance Alpha sector leading the gains.
TL;DR
Cryptocurrency markets rebounded slightly this week, with Binance Alpha tokens like PINGPONG and RAVE surging over 50%. Meanwhile, the Meme coin market cooled, declining 0.6% as only a few tokens saw gains.
Tags
According to HTX market data on December 22, the cryptocurrency market saw a slight recovery at the start of the week, with its total market capitalization rising to $3.086 trillion. This week sees the Christmas season, with US stocks closing early on Wednesday and closed all day Thursday. Market focus is on whether Trump will announce his nominee for Federal Reserve Chair during the Christmas period.
Some tokens in the Binance Alpha sector saw significant increases, with PINGPONG, RAVE, ZKP, and BEAT all rising by more than 50% in the past 24 hours.
The Meme market continues to cool down, with the total market capitalization falling by 0.6% in the past 24 hours. Among the top 200 Meme coins by market capitalization, only M, PUMP, and PIPPIN saw an increase in the past 24 hours.