Daily Market Report, 19 December

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12:54 PM・Dec 19, 2023





Voice Of Crypto



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The bulls have retaken control today, much to the surprise of the bears.

The total crypto market cap has risen by more than 3% over the last day, to hit $1.61 trillion once again, while Bitcoin made another attempt at $43,000.

Overall, the crypto market is almost completely green, as shown here:

The crypto market has turned green Source: CoinMarketCap

The crypto market's liquidation heatmap looks like a mix of red and greens, but the bulls, for some reason, have suffered more liquidations than the bears, despite the market's general bullishness today.

The crypto market’s liquidation heatmap Source: Coinglass

Overall, the total amount of liquidated funds sits at around $223 million, but the bulls have taken a $125 million beating out of the total, leaving the bears with about $95 million.

Liquidations may have affected the market in strange ways over the last day, but the market is currently bullish.