Losses among the larger cryptos are tempered, with most losing 2-3 percent, and losses capped at 6 percent.
After the week's shaky performance, Bitcoin is now 6 percent down on its 7-day chart: losses on the month are around 11 percent.
Ripple - the second largest crypto by market cap - is down a similarly mild 2 percent on the day, and is trading at around $0.36 to press time.
The asset's 7-day trading pattern has been closely correlated with that of Bitcoin's - peaking at as high as $0.44 Dec. 24, and reaching an intra-week low of $0.34 on Dec. 28.Ripple's typical trading range over much of the week has been $0.36-$0.38; today's renewed losses have brought the asset to just shy of 2 percent lower than its value at the start of its 7-day chart.
Monthly losses are at a fairly mild 4.5 percent.
Following an intra-week high of over $156 Dec. 24, the altcoin has dipped below $115 on Dec. 28, but saw a second flush of positive momentum over subsequent days - inching back close to $150 on Dec. 29.Ethereum is around 10 percent in the red on its 7-day chart as of press time.
Among the remaining top twenty coins on CoinMarketCap, NEM has sustained the highest losses on the day - down close to 6 percent at press time.
Litecoin is also pushing a 3 percent loss as of press time, while Cardano is seeing almost 4 percent daily losses.
An outlier among the top twenty is Binance crypto exchange's native token Binance Coin - the only top coin in the green as of press time - which is up 3.46 percent to trade at $6.15.Total market capitalization of all cryptocurrencies is at around $127.7 billion as of press time, down from an intraweek high of over $146.3 billion on Dec. 24.
As compared with one year ago, total crypto market cap is down about 78 percent.
Crypto Markets Teeter on New Year's Eve, With Mostly Losses Across the Board
gepubliceerd op Dec 31, 2018
by Cointele | gepubliceerd op Coinage
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