The cryptocurrency market “pleased” traders …

The cryptocurrency market “pleased” traders …

Cryptocurrency market “pleased” traders with New Year’s fall

Cryptocurrency rates began to decline on Saturday and continue to follow this trend on Sunday. Most of the digital assets from the first hundred are characterized by negative indicators.

Bitcoin started Saturday at $ 14,500 and found a local low around $ 12,350, after which it won back some of the positions. Over the past two weeks, Bitcoin has shown increased volatility that came to its market after reaching the $ 20,000 level, at which it, however, did not hold out for long and subsequently lost about 35%. The latest fall is likely a continuation of this trend, so far with no signs of recovery.

Ripple, which recently replaced Ethereum in the second position in the list of the largest cryptocurrencies, is also falling: in the last 24 hours it has lost about 13%. Despite all the strength that the coin has shown this week, its market has not passed the correction..

Ethereum, in turn, is characterized by near-zero indicators and is holding around the $ 720 mark, slightly below the last maximum.

The cryptocurrency market 'pleased' traders ...

Bitcoin Cash, Litecoin, Ethereum Classic, NEM, Dash, Monero and other major cryptocurrencies also continue to fall this Saturday, although their decline has slowed down in recent hours, some are even starting to move upward. Cardano, NEO, Qtum and Verge stand out against the general background. Today they are in green, and the last one in the last 24 hours was able to rise by 34%.

It is undeniable that the past year has been extremely successful for the vast majority of cryptocurrencies, and the fall of the last two days may be a short-term slowdown on the way of further growth..

The cryptocurrency market 'pleased' traders ...
The cryptocurrency market 'pleased' traders ...

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