Cryptocurrency Market Update: $5 Billion Dumped as Markets Fall Back Again
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Cryptocurrency Market Update: $5 Billion Dumped as Markets Fall Back Again

THELOGICALINDIAN - FOMO Moments

The crypto dump has connected and markets accept aloof afresh this Friday. All hopes of a assemblage extending to the new year accept now died as the bears accumulate the affairs burden up. Markets accept collapsed afresh today and are abutting to bottomward aback beneath $120 billion absolute bazaar capitalization.

Bitcoin took a dive beneath abutment at $3,800 bygone and has continued losses during Asian trading today. BTC is currently bottomward over 3% on the day and has begin a lower abutment akin about $3,650. Further losses are accepted as the abstruse signs are bearish.

Ethereum as accepted has followed clothing but with greater losses. Shedding addition 5% over the accomplished 24 hours ETH is aback beneath $120 afresh and is attractive weaker by the day. XRP is experiencing agnate losses so the gap amid them has remained the same.

The top ten is all red afresh for the third day this week. As accepted Bitcoin Cash has absent the best with over 10% dumped aback to $150 again. EOS has absent 7% which has accustomed Stellar to balance fifth atom with a abatement of about 4% on the day. Litecoin has jumped Bitcoin SV which has dumped addition 8% on the day.

The top twenty is not appealing either and a sea of red remains. Nem is accident the best at over 8%, carefully followed by Dash and Neo on 6%. Only Iota charcoal at the aforementioned akin as yesterday, all others are falling.

DEX is accepting addition big dosage of fomo with a 34% pump at the moment about it will be dumped afresh tomorrow. Two abstruse new entries to the top one hundred are additionally accepting a pump, Endor Protocol and Credo are in bifold figures. The alone altcoins auctioning bifold digits at the time of autograph is Qash. BCH is additional and Holo and Bitcoin Diamond not far behind.

Total crypto bazaar assets has afford a added 4% on the day falling aback to $127 billion. Another $5 billion has larboard the amplitude over the accomplished 24 hours and things attending to be branch aback to annual lows afore the year is out. Trade aggregate has remained at about $15 billion and Bitcoin ascendancy is boring bit-by-bit aback up as altcoins slide.

FOMO Moments is a area that takes a circadian attending at the top 20 cryptocurrencies during the accepted trading affair and analyses the best-performing ones, attractive for trends and accessible fundamentals.