Crypto Markets Teeter on New Year's Eve, With Mostly Losses Across the Board

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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.

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