XRP, LUNC, solana and lido pull hardest on sideways crypto market

As you know, 2022 was a very bad year for the crypto market and 2023 is seeing very little action for now. Most prices are in a tight range and have hardly moved in the past 24 hours. Still, analysts warn that volatility could soon return. Meanwhile, the total market capitalization remains around the same value of $842 billion.

Bitcoin celebrates its 14th birthday

Bitcoin (BTC) fell to $16,400 shortly before New Year’s Eve and turned to $16,700 on January 1st. For now, the price does not exceed $16,750, although at the time of writing bitcoin is making another attempt.

Despite Bitcoin celebrating its fourteenth birthday, there is currently very little volume. This means that some BTC is bought, but also some is sold.

Ethereum is also stuck

The same is largely true for ethereum (ETH). The Ether price has yet to break $1,220, despite several attempts. The number of daily transactions on the Ethereum network is also currently very low.

XRP fastest riser in sideways crypto top 10

The rest of the top 10 largest cryptos are a bit more volatile, with an emphasis on something. Ripple (XRP) is the strongest climber today out of the top 10, but ran into some resistance yesterday around $0.354 and is falling to $0.347 this morning. This puts XRP up 0.7% today.

SOL, LUNC & LDO again hardest climbers crypto top 100

The Top 100 also remained quiet in the last 24 hours. At the top of the red page today we find toncoin (TON) down 4.5% and tokenize exchange (TKX) down 4.9%.

On the green side we find more notable crypto today. Fantom (FTM) is up more than 5% and terra luna classic (LUNC) is up almost 6%.

Perhaps even more striking is solana (SOL), which is currently up 6.5%. SOL failed to recover $12 this morning, but it looks like the price is about to try again.

zcash (ZEC) and flow (FLOW) are also up significantly today and are both up around 7%, but again it is lido (LDO) that is today’s strongest climber. LDO price is currently around $1.24 after an increase of 7.8%. This means that LDO is already 30% higher than two weeks ago.

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