CryptoSlate Daily wMarket Update – Dec. 6: Another red day sees Dogecoin leading top 10 losses again

1 year ago

The cryptocurrency marketplace headdress saw nett outflows of $11.99 cardinal and presently stands astatine $839.47 cardinal — down 1.4% from $851.46 cardinal implicit the past 24 hours.

Over the reporting period, Bitcoin’s marketplace headdress fell 1.1% to $323.06 cardinal from $326.62 billion. Meanwhile, Ethereum’s marketplace headdress fell 2.3% to $150.21 cardinal from $153.81 billion.

Over the past 24 hours, the apical 10 cryptocurrencies each recorded losses. For the 2nd consecutive day, Dogecoin saw the astir important drawdown, losing 4.3% of its value. Similarly, Bitcoin fared champion 2 days successful a row, losing 1% implicit the reporting period.

Top 10 cryptocurrenciesSource: CryptoSlate.com

Since the past report, the marketplace headdress of Tether (USDT) has accrued somewhat to $65.69 billion. In comparison, the marketplace caps of USD Coin (USDC) and BinanceUSD (BUSD) experienced marginal decreases to $43.01 cardinal and $22.06 billion, respectively.

Bitcoin

Bitcoin mislaid 1% to commercialized astatine $16,812 arsenic of 07:00 ET. Its marketplace dominance accrued somewhat to 38.5% from 38.3%.

A level trading scope turned into a “spiller” astir 01:00 (ET). Support was recovered astatine $16,680, starring to a bounce that topped retired astatine $16,836.

Bitcoin chartSource: TradingView.com

Ethereum

ETH posted 2.2% losses implicit the past 24 hours to commercialized astatine $1,228 arsenic of 07:00 ET. Its marketplace dominance fell somewhat to 17.9% from 18.0% implicit the reporting period.

Ethereum’s terms show mirrored Bitcoin’s. Bears intervened astatine $1,218, starring into a choky trading scope of betwixt $1,222 and $1,230.

Ethereum chartSource: TradingView.com

Top Gainers

MAGIC

MAGIC is the day’s biggest gainer, increasing by 11.97% implicit the past 24 hours to $0.58969 arsenic of property time. The token continues its bullish run, up 92% implicit the erstwhile week. Its marketplace headdress stood astatine $104.48 million.

Frax Share

FXS gained 7.1% implicit the reporting play to commercialized astatine $5.61085 arsenic of property time. Its marketplace headdress stood astatine $90.95 million.

Aragon

ANT accrued by 6.5% to $2.26718 implicit the past 24 hours. Its marketplace headdress stood astatine $95.13 million.

Celsius

CEL is up 5.6% successful the past 24 hours to commercialized astatine $0.68272. The bankruptcy tribunal approved the company’s reorganization plans. Its marketplace headdress stood astatine $163.08 million.

Top Losers

WEMIX

WEMIX is today’s biggest loser falling 45.1% to $0.35240 implicit the reporting period. Parent institution Wemade mislaid an injunction to forestall 4 Korean exchanges from delisting the token. The exchanges assertion the task had issued fraudulent information, including connected the circulating supply. Its marketplace headdress stood astatine $86.39 million.

Numeraire

NMR decreased 15.1% implicit the past 24 hours to $14.1865. The token was yesterday’s apical gainer. Its marketplace headdress stood astatine $83.54 million.

Cartesi

CTSI fell gained 13% implicit the reporting play to commercialized astatine $0.11777 arsenic of property time. Like Numeraire, Cartesi was a apical 5 gainer yesterday. Its marketplace headdress stood astatine $76.48 million.

SushiSwap

SUSHI mislaid 12.8% to commercialized astatine $1.19089 arsenic of property time. The SushiSwap CEO admitted their treasury is comparatively debased connected funds. Its marketplace headdress stood astatine $151.53 million.

The station CryptoSlate Daily wMarket Update – Dec. 6: Another reddish time sees Dogecoin starring apical 10 losses again appeared archetypal connected CryptoSlate.

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