In cryptocurrencies, Bitcoin price rose today, January 2, trading almost flat with a positive bias at USD 16,566.
According to data from CoinGecko, the total market value of all cryptocurrencies today stayed below the USD 1 trillion threshold after remaining unchanged over the previous 24 hours at USD 828 billion.
On the other side, Ether, the second-largest cryptocurrency and coin connected to the ethereum blockchain, was also trading slightly higher at USD 1,195. Shiba Inu gained was down at USD 0.000008, while Dogecoin's price was trading nearly 1 percent down at USD 0.06 today.
The performance of other cryptocurrency prices today was uneven; Tether, Stellar, XRP, Cardano, Litecoin, Polkadot, Uniswap, Solana, ApeCoin, and Chainlink prices saw increases over the previous day, while XRP, Solana, Avalance, Polygon, and Tron prices saw decreases.
Digital assets were severely impacted by everything from the Federal Reserve's tightening of policy to the implosions of the Terra/Luna ecosystem, hedge funds Three Arrows Capital, and exchange FTX last year as major central banks across the world boosted interest rates to combat unprecedented inflation.
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