On this Friday, December 16, the cryptocurrency market is trending down after interest rate increases announced by the US Federal Reserve as the European Central Bank. Bitcoin, however, remains above its immediate support of $17,000, listing at $17,197 and giving up 2.8% of its value over 24 hours.
The total value of the global crypto market is decline of 1.18% to reach a capitalization of 850.21 billion dollars and the volume of transactions amounted to 33.96 billion dollars, down more than 25% compared to the previous day.
Total DeFi volume is currently $1.79 billion, representing just over 5% of global 24-hour trading volume and stablecoins account for a total transaction amount of $31.45 billion. dollars in a day.
Trump sells superhero NFTs after calling Bitcoin a scam
After being banned from Twitter last year, Donald Trump turned to a new network called Truth Social, where he teased a “big surprise” earlier this week. A number of people had speculated that Trump would reveal his VP pick for the 2024 election.
In truth, it is not, and some of Trump’s most ardent supporters were disappointed by the announcement that there would soon be an NFT collection with Trump as the subject. On Thursday, he also announced: “My official Donald Trump digital trading card collection has arrived!”
Despite the fact that Trump never made reference to the mention of NFT, that’s exactly what “digital trading cards” he advertises are.
There is thus 45,000 Donald Trump NFTs which were issued on the Polygon blockchain, priced at $99 each.
According to information revealed by OpenSea, the 45,000 NFTs were purchased in just 12 hours, which represents a aggregate sale amount of $4.45 million. Additionally, developers receive 10% of all sales made through third-party marketplaces like OpenSea.
Bitcoin price
The current Bitcoin exchange price is $17,197 and its 24-hour trading volume is $25 billion. Since yesterday, the price of Bitcoin has fallen by more than 2.8% and it is currently trading lower.
The main technical indicators, such as the RSI and the MACD, are however bullish. They indicate that bitcoin price could rise after completing the 61.8% Fibonacci retracement at $17,440.
The next major resistance level for Bitcoin is around $18,125: a break above this level could drive the price towards $18,600. On the downside, Bitcoin price has support at $17,000.
This level is likely to maintain the bullish trend of BTC, but if the flagship currency of the cryptocurrency market were to drop below, then we could see a drop in the price of BTC towards $16,850 or even $16,630.
Cryptocurrencies with Huge Upside Potential
There are many cryptocurrencies that traders see as promising short-term alternatives. Here are some of the major pre-sales in the market, allowing investors to enter the market with great potential for future resale.
FightOut (FGHT)
FightOut (FGHT), one of the initiatives and the most recent pre-sales on the marketis a mobile fitness software that mixes real workouts with web3 and metaverse.
It tracks and rewards not only steps taken, but all kinds of workouts performed by users, as well as all actions taken to lead a healthier life, building on the foundation established by previous M2E platforms such as than STEPN.
Launched recently, its presale has already raised over $2 millionand $1 currently buys 60.06 FGHT tokens.
Dash 2 Trade (D2T) – Last step of the presale
The Dash 2 Trade project team said today that once the token auction will exceed $10 million, a countdown to its first public listing on a controlled market will begin. If the $10 million goal is reached before the end of presale stage 4, Dash 2 Trade will launch DASH on CEX at the end of the presale.
RobotEra (TARO)
RobotEra (TARO), another Ethereum-based platformis a Sandbox-style metaverse that will allow players to play as robots and contribute to the creation of its virtual world. This includes creating terrain, buildings, and other in-game assets based on NFTs. The goal of the game is to connect players to other metaverses and establish an interoperable multiverse.
1 TARO is currently available for 0.020 USDT (it can be purchased with USDT or ETH), however, this price will drop to $0.025 in the second leg of its presale. It has already been collected nearly $568,000.
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