Market Overview: Steady Gains for Top Cryptos

Today, December 12th, the cryptocurrency markets are experiencing a refreshing wave of minimal gains, with all top 20 coins by market cap showing greener pastures. Bitcoin (BTC) kicked off the day around $3,414, hitting an intraday high of $3,534, and is currently sitting comfortably at $3,499, marking a 2.21% increase over the last 24 hours.

Who’s Up, Who’s Down: Major Players

Let’s talk specifics. The number two contender, Ripple (XRP), has joined the party, trading at $0.308 and climbing 2.36% today. It’s been a rollercoaster ride, as XRP is still down over 9% for the week, with a low point of just $0.29 on December 7th. Meanwhile, Ethereum, the third heavyweight, is up 2.77% at $91.41, despite its weekly drop of more than 12%.

Ace Bitcoin SV and Bitcoin Cash Updates

Bitcoin SV (BSV), after its initial surge post-fork from Bitcoin Cash (BCH), has been billed a bit of a flat tire, trading sideways around $90.14 with neither gains nor losses. And in BCH news, the Malta-based exchange, OKEx, is making headlines by relabeling the Bitcoin Cash ABC under the original ticker. BCH has seen a minor upturn, currently trading around $103, despite suffering a weekly drop of almost 23%!

Tezos: The Champion of Gains

Amongst the sea of cryptos, Tezos (XTZ) is taking a victory lap with an impressive 13.82% increase, trading at $0.415. Maybe it’s time for a victory dance? Someone should definitely GIF that.

The Bigger Picture: Market Cap and Calgary’s Digital Leap

On a larger scale, the total market cap of all cryptocurrencies is holding at around $110.9 billion, with a daily trade volume increasing to roughly $11.8 billion. In more local news, Calgary, Alberta, is embracing innovation by launching its very own digital currency, dubbed the Calgary Dollar. A smartphone app is guiding citizens on how to spend their digital bucks, from dining out to donating and even riding public transit. Finally, a chance to make use of those cryptocurrency skills in real life!