Table of Contents
Welcome to our crypto market overview 7/9.
Bitcoin fell sharply toward $ 10,000 and took the entire altcoin market with it. Ethereum fell to $ 350 from $ 477 a few days ago.
Yesterday, we reached a marketcap value of $ 328.5 billion. This week we are recording a low of USD 328 billion and a high of USD 330 billion. At Bitcoin, we have a low at $ 10,170 over the same period. High on Bitcoin at $ 10,350. We are currently worth $ 10,250 for one BTC coin. Bitcoin dominance is declining at 57.7%.
Last crypto market overview here.
Overview of coins from top capitalization yesterday:
Bitcoin (BTC) $10 254,49 USD (0,14%)
The best growth yesterday was:
SushiSwap (SUSHI) $3,00 USD (32,88%)
Ocean Protocol (OCEAN) $0,413937 USD (24,17%)
THORChain (RUNE) $0,754047 USD (15,41%)
Flexacoin (FXC) $0,010151 USD (15,33%)
Binance Coin (BNB) $22,31 USD (14,29%)
The biggest drop was recorded:
Hyperion (HYN) $0,676912 USD (-11,05%)
UMA (UMA) $14,27 USD (-7,61%)
BitTorrent (BTT) $0,000346 USD (-5,93%)
All data is provided from coinmarketcap.com
World markets overview yeterday:
SP500: -0,81 %. NASDAQ: -1,27 %. GOLD: 0,13 %. DOW J.: -0,57 %.
[BTC / USD] In 2020 to present value: 42,9%
Bitcoin reduced its profit for 2020 from the original 68% to 42%. We are currently moving at $ 10,250. Over the weekend, we saw a drop to $ 9,968. From the high of 2020 to $ 12,400, which we experienced a few weeks ago, we see a drop of more than $ 2,000. On Sunday, the decline on Bitcoin stopped and there is a slight increase in altcoins. They fell during the fall of Bitcoin as well. Ethereum dropped to $ 330. LINK fell to $ 10.68.
On the Bitcoin chart, we see resistance on $ 12,000, which investors failed to break last week, and this meant a drop to the nearest support of $ 11,100 still in the structure of the triangle. Unfortunately, investors did not support this line and we saw a short fall below $ 10,000. On the chart we see a broken triangle, but also a drop below the trend line guaranteeing another bull run. The current resistance will be worth $ 10,600 and support for the psychological $ 10,000. We anticipate that investors will want to mitigate the downturn, so this week we are likely to see growth to somewhere to $ 10,600.
Thank you for your time and reading crypto market overview 7/9.
- CryptoQuant Analyst: Bitcoin Nowhere Near Its Peak – Buckle Up, Hodlers! - December 21, 2024
- Chainalysis: $2.2 Billion Lost to Crypto Hacks in 2024 - December 21, 2024
- Bank of Japan leaves interest rate unchanged: Impact on the macroeconomy and the crypto market - December 20, 2024
