Price analysis 12/23: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

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Cryptocurrency 23 minutes ago (Dec 24, 2022 02:00PM ET)

Price analysis 12/23: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI © Mundo Crypto PR

(BTC) is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin, with the other two being 2014 and 2018. In comparison, the S&P 500 has fared much better, but it is also down close to 20% in 2022.

Although cryptocurrency prices have seen deep cuts this year, traders have continued to plow money into the space. Forty-one percent of people who responded to an online survey conducted by Blockchain.com bought crypto this year, and 40% plan to purchase crypto in the next year.

Daily cryptocurrency market performance. Source: Coin360
BTC/USDT daily chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
BNB/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
DOGE/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
MATIC/USDT daily chart. Source: TradingView
DOT/USDT daily chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
UNI/USDT daily chart. Source: TradingView

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