Crypto Market Update: 24 Hours of Prices & Volume Amid Extreme Fear 23
Fear grips the market, but the tape tells a different story.
While the sentiment gauge screams 'Extreme Fear,' the last 24 hours of trading activity reveals a market that's anything but paralyzed. Volume surged as traders positioned themselves—some fleeing for the exits, others spotting a generational buying opportunity in the chaos.
Decoding the Price Action
Forget the panic. The real narrative is written in the order books. Major assets didn't just tumble; they found levels where buyers stepped in with conviction, creating volatility that professional traders dream about. This isn't a crash—it's a high-stakes realignment.
Volume: The Contrarian Signal
Spiking volume during fear periods is the market's dirty secret. It signals capitulation from the weak hands and accumulation by the strong. While pundits on financial networks talk about 'risk-off,' the blockchain shows capital moving with purpose. It's almost as if the 'smart money' operates on a different playbook than the talking heads.
The market has a long history of rewarding those who buy when headlines are bleak. Today's extreme fear reading might just be tomorrow's footnote in the next bull run's origin story. After all, in traditional finance, they call it 'wealth management' while consistently buying high and selling low.
24-Hour Crypto Market Update: Prices, Volume & Trends
The global cryptocurrency market today reached a capitalization of $3.16 trillion, reflecting a 1.9% decrease over the last 24 hours. Total trading volume across all cryptocurrencies was $137.3 billion, showing steady activity.
Bitcoin (BTC) remains the largest crypto, commanding 57.1% market dominance, while Ethereum (ETH) holds 11.8%. Currently, 19,206 cryptocurrencies are being tracked, with Polkadot and XRP Ledger Ecosystem showing the strongest gains in the past day.
Bitcoin (BTC) is trading at $90320.21, down by 1.90% in the last 24 hours, with a trading volume of $80.4 billion and a market cap of $1.8 trillion.
Ethereum (ETH) is priced at $3090, dips 4.34% in 24 hours with a trading volume of $23.4 billion and a market cap of $372.9 billion.
Note: BTC and ETH are often viewed as less volatile historically, but still risky.
Bitcoin (BTC) is at $90,319.68, down 1.91%, with TV (Trading Volume) of $80.48 billion.
Yooldo (Esports) is at $0.4112, falling 4.66% with TV $266.76 million.
SentisAI (SENTS) is at $0.1808, gaining 2.36% with TV $165.98 million.
Ethereum (ETH) is at $3,090.25, down 4.41% with TV $23.55 billion.
World Mobile Token is at $0.08867, up 8.6% with TV $14.52 million.
AB (AB) is at $0.005271, up 12.59%, with TV $16 million.
Mantle (MNT) is at $1.24, gaining 4.83% and TV $190.2 million.
Sky (SKY) is at $0.05749, up 3.74% with TV $20.5 million.
The Graph (GRT) is at $0.04081, showing a 7.94% move with a trading activity of $34.3M.
Story (IP) sits at $1.88, posting a 6.52% dip with trading activity of $28.6M.
SPX6900 (SPX) is at $0.5803, recording a 6.42% drop, with a trading activity of $19M.
Stablecoins recorded a 0.1% positive change in the past 24 hours, with a market cap of $313.7 billion and trading volume of $98.5 billion.
The Decentralized Finance (DeFi) market dips 2.9% in the last 24 hours, reaching a market cap of $110.9 billion, while total value locked (TVL) stands at $4.9 billion.
Fear and Greed Index Today
Source: Alternative Me
Today’s crypto Fear and Greed Index stands at 23 (Extreme Fear). It fell from 29 yesterday, stayed at 23 last week, but improved from 15 last month. This shows fear persists, but panic has eased slightly amid volatility and uncertainty
Latest Crypto Market News Today, 13 December
Tether made an all-cash bid to buy Exor’s 65.4% stake in Juventus, pledging €1 billion investment, but Exor and the Agnelli family refused to sell.
Vanguard now allows spot Bitcoin ETF trading, but says its stance is unchanged, calling Bitcoin a speculative collectible with no income, cash flow, or long-term investment value.
BitGo won conditional OCC approval to become a bank. Reports say Ripple, Circle, Fidelity, and Paxos also received approval to FORM national trust banks.
Binance claims insider trading by an employee. Justin Sun and Yi He were attacked by WeChat hack. US crypto policy remains unclear, but a Dogecoin comment freezes an account.
Fogo terminates its 20 million token presale before the launch of the mainnet in January 2026, opting to airdrop 2% of FOGO tokens to the community, reallocating the token distribution, and destroying contributor supply tokens.
President TRUMP indicated that he would prefer the Fed interest rate cut to be close to 1% or lower next year, and he was considering Kevin Warsh or Kevin Hassett as the next chairperson of the Federal Reserve.
Note: All these updates impact traders, as they influence liquidity, market sentiment, and possible returns, which is why it is necessary to monitor them carefully.
Comparative Insight
The crypto industry today has stabilizing volumes despite the decreasing prices in comparison to the fear index of yesterday and the deeper panic of last month. bitcoin is still dominating, and the altcoins are selective in their gains, indicating cautious yet active trader behaviour.
What This Means for Crypto Users
Crypto users must anticipate further volatility since the fear is high. Large volumes imply a high level of participation, yet there are risks on the downside. Short-term opportunities can be offered to traders, and long-term investors need to pay attention to the management of risks, diversification, and monitoring of regulatory and macroeconomic processes.
CoinGabbar’s Opinion
CoinGabbar thinks that the existing phase of extreme fear can work to the advantage of disciplined investors and not impulsive traders. Gradual building of fundamentally sound assets without excess leverage and being informed of regulatory clarity may aid in navigating the uncertainty, as well as positioning to recover in the market in the event of a recovery.
Disclosure: This is not financial advice. Please DYOR (Do Your Own Research) before investing. CoinGabbar is not liable for any financial losses. Cryptocurrencies are very unstable, and you are likely to lose all the money you have invested. Not all regions may offer some of the services or assets discussed.
