Markets Break Streak of Green, Most Top Coins See Mild Corrections

gepubliceerd op by Cointele | gepubliceerd op

At $3,971 at press time, and down around 2 percent on the day, the coin is trading around $800 higher than its intraweek low at $3,185 on Dec. 14.

Bitcoin's recent uptick has sealed an almost 16 percent gain on the asset's weekly chart; on the month, the coin is down by 16 percent.

The asset's solid growth over the week has brought its 7-day chart to 18.5 percent in the green, with monthly losses nonetheless remaining at a stark 23.5 percent.

Ethereum - ranked third by market cap - has lost slightly more over the past 24 hours, down close to 3 percent on the day and trading at $110 to press time.

While Ethereum is now up close to 22 percent on its weekly chart, it remains down around 26 percent on the month.

After a spike of around 36 percent yesterday, fourth-largest cryptocurrency Bitcoin Cash has seen a negligible 24-hour price change, down just 0.5 percent at $181. Newly-forked Bitcoin SV, currently ranked eighth largest cryptocurrency, has seen more volatility, down 5 percent around $106, according to CoinMarketCap data.

All of the remaining top twenty coins on CoinMarketCap are in the red - although most losses are capped below 5 percent.

Tempered losses have hit cryptos such as Litecoin, down 4 percent at $31.23 and Stellar down 1.9 percent at $0.12.

Ethereum Classic is down around 3.8 percent at $4.62; privacy-focused altcoins Monero and ZCash are down 2.2 and 2.75 percent, at $51.57 and $61.97 at press time.

One notable exception is 20th largest crypto Waves, down over 18 percent at $3.34, after bullish funding and development news had seen it spike by over 30 percent earlier this week.

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