Crypto Market Update: Bitcoin and Major Cryptocurrencies Turns in Red, While SEI and BSW Showing Bullish Trend


On the morning of Wednesday, with ongoing Christmas holidays, we are witnessing a minor drop in the crypto market today in bitcoin as well as in other altcoins. Also, the memecoin section is showing bearish momentum today as the prices of PEPE and BONK deepen.

Let’s look at the prices and gains and losses of today’s trending coins:

Today, the Bitcoin (BTC) price is down by 2.55% to $42,325 in the last 24 hours. The market cap of Bitcoin (BTC) stands at $828 billion. Ethereum (ETH) is trading at $2,222, down by -2.10% in the last 24 hours, with a market cap of $267 billion.


SEI and BSW Showing Bullish Signals

1) Sei (SEI):
In the cryptocurrency market, Sei (SEI), the Layer 1 blockchain and smart contract platform, is having an impressive surge in its price today. The price of the SEI token has risen by +13.82% to $0.4778 in the last 24 hours. The market cap for the SEI token stands at $1.13 billion, showcasing a weekly surge of +35.69%.

2) BisSwap (BSW):
The price of BisSwap (BSW) is also showing a comeback today with some green candles, as its price reached $0.1638 today with a gain of +59.93% in the last 24 hours and a market cap of $71 million.


cryptocurrency Prices
Source: Coinmarketcap

Pepe (PEPE) and Bonk( BONK) Falling:

After a strong performance, the prices of big memecoins like Pepe (PEPE) and Bonk( BONK) are facing a decline in their prices. Today, the price of Pepecoin (PEPE) is down by -7.22% to $0.000001315, while Bonk (BONK) is declined by -15.41% to $0.00001567 in last 24 hr.

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