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Bitcoin Price All-Time High at $22000+, and Ethereum & Ripple Dominating the Altcoins Rally! Daily Crypto Report 17/12/2020

Price Change Today:

BTC is Up 13.83% at $22164,

ETH is Up 10.05% at $646.52,

XRP is Up 24.44% at $0.565.

Top Gainers in 24 hours:

XRP is Up 24.67%

XLM is Up 16.81%

LTC is Up 14.56%

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  1. Bitcoin Price Blasts Through $22,000 as US Dollar Hits Two-Year Low

Bitcoin price has pierced above the $22,000 level for the first time in history. The flagship cryptocurrency logged a surprising upside rally in the pre-market New York trading session Wednesday, hitting an all-time high of $22,164 before turning lower modestly. 

  1. DeFi’s TVL crosses $15bn

Defi projects added to its TVL at an astonishing rate this year. The TVL stood at $691 Million in January 2020 and nearly a year later, the TVL surpassed $15 Billion on Monday. The YTD growth of Defi is over 2000% with the top 6 Defi projects including Maker, WBTC, Aave, Compound, etc. registering over $1 Billion in value locked.

  1. Ethereum hits 2.5-year high, breaking $600 as CME announces 2021 futures launch

As Bitcoin hits all-time highs and claims $22,000 this week, news of a different kind saw bulls double down on the largest altcoin Ethereum. At $620, ETH/USD was trading at its highest since June 2018, when the pair was still trending down from the height of its last bull market. 

  1. Bitcoin Price Sets New Record High in 2020, as 100% of BTC Wallets are in the State of Profit

Bitcoin has just set a record high today, surging above the $22,000 resistance level and setting a high at above $22,164. The world’s largest cryptocurrency has been able to maintain its price above $22,000 for over an hour.

  1. Ethereum and XRP dominated the altcoin rally in 2020

Bitcoin’s dominance is one of the biggest drivers behind its institutional interest and mainstream adoption. However, in anticipation of an altcoin rally, it was observed that Ethereum and XRP’s dominance rose 1.1% and 2.6% respectively, based on data from CoinGecko’s report.


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1% Deposit Bonus & Withdrawal Fees On Crypto Deposit in BuyUcoin

BuyUcoin giving 1% deposit bonus on crypto and reimbursement of crypto withdrawal fees for Indian user who have funds on banned crypto exchange. In the wake of the recent ban ...
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After years of anticipation and regulatory scrutiny, the U.S. Securities and Exchange Commission (SEC) has granted approval to 11 Bitcoin ETFs applications, marking a significant milestone in the cryptocurrency and ...
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