Market Overview
As of December 24, 2023, the global cryptocurrency market comprises 11,709 digital assets with a total market capitalization of **$1.76 trillion**, marking a **6.50% weekly increase** (+$107.5 billion).
Key Performance Indicators:
- BTC: $43,877.07 (+4.70%)
- ETH: $2,315.75 (+4.55%)
- BNB: $270.37 (+11.98%)
- SOL: $115.98 (+60.68%) – Top performer
👉 Track real-time crypto prices
Top 30 Cryptocurrency Analysis
The TOP 30 assets represent 87.38% ($15.39 trillion) of the total market cap, showing a minor 0.43% weekly decline.
Dominant Sectors:
- Public Blockchains: 76.57%
- Stablecoins: 7.97%
| Rank | Asset | Market Cap | % of TOP 30 |
|---|---|---|---|
| 1 | BTC | $859B | 55.81% |
| 2 | ETH | $278.3B | 18.08% |
| 3 | USDT | $91.3B | 5.93% |
Mining & Network Activity
- Bitcoin blocks mined: 1,106 (0.63% empty blocks)
- Average miner fees: 36.13% of block rewards
- Top 10 mining pools: 97.28% total hash rate
Industry Updates
Developments
- FTX proposes bankruptcy exit plan, potential creditor payments
- Bitcoin L2 BSquared Network launches Alpha testnet
- Analysoor completes 95% NFT distribution
Regulatory Highlights
- Brazil opens public consultation on VASP rules
- Indonesia’s VP candidate pledges crypto education initiatives
- Japan exempts corporate crypto from mark-to-market tax in 2024
👉 Explore crypto regulations by region
Investment Calendar (Dec 18–24)
| Date | Event |
|---|---|
| Dec 20 | South Korea’s FSC head meets SEC’s Gensler |
| Dec 22 | OKX Web3 Wallet wins HK Web 3.0 Innovation Award |
| Dec 24 | Japan’s 2024 tax reform takes effect |
FAQ
Q: Why did SOL surge 60% this week?
A: Solana’s rally reflects renewed institutional interest and ecosystem growth, including NFT and DeFi activity.
Q: Are stablecoins losing market share?
A: USDT’s TOP 30 dominance dipped slightly (-0.32%), but stablecoins remain critical for liquidity.
Q: What’s next for BTC mining?
A: Miners are optimizing efficiency ahead of the 2024 halving, with hash rate stability expected.
Data Source: Deduce Intelligence
Disclaimer: Not investment advice. Conduct your own research.
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