Sunday Market Snapshot
As December marches on, we find most of the top 20 cryptocurrencies enjoying a slight uptick today. Bitcoin (BTC) is hanging steady around the $7,100 range, proving that it still knows how to bring home the bacon — or at least a few virtual coins.
Bitcoin’s Daily Fluctuations
Bitcoin’s price is currently experiencing a modest lift of 0.28%, trading at approximately $7,097 at the time of this report. However, for anyone keeping score on the long game, the weekly chart looks less than rosy, with a decline of about 6.17%. Maybe it’s just taking a little breather, or perhaps it’s still recovering from the hangover of last week’s market shenanigans.
Ether and XRP Update
Ether (ETH) is still reigning as the biggest altcoin, flaunting a market cap of $15.8 billion. It’s seen a slight increase of 0.51% over the past 24 hours, trading around $143 right now. But don’t let that shiny number fool you; ETH has also seen a drop of about 5.9% over the week.
Meanwhile, Ripple’s XRP offers a subtler story, gaining around 0.4% to catch a breath at approximately $0.217, yet down about 6.06% on the weekly scoreboard. Looks like both these coins are experiencing similar vibes lately!
Spotlight on Cosmos
Among the top 20 cryptocurrencies, the star of the show today is Cosmos (ATOM), boasting an impressive gain of about 10.76%. After a year like 2023, who wouldn’t want a piece of that action?
Market Capitalization Overview
Across the board, the cryptocurrency market cap totals at a hefty $195.1 billion; however, this figure is about 4.03% less than what was reported just a week ago. Just remember, sometimes the cryptos go up, sometimes they go down, but either way, the market is never boring.
