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Home» Markets»Crypto market in the red, US stocks sink as Omicron fears return

Crypto market in the red, US stocks sink as Omicron fears return

rocketman 14 Dec 2021 Markets Comments Off on Crypto market in the red, US stocks sink as Omicron fears return 205 Views

The crypto market was down over the last 24 hours as most cryptos were lower at the time of writing. Yesterday’s fall in all three major US indexes was due to increased concerns over Omicron.

Top cryptos

Bitcoin traded below $47,000 this morning, with losses of around 5%. Ethereum lost around 7%, Cardano dropped approximately 8% and XRP lost about 5%. Solana is the largest top five loser today, with a drop of more than 6 percent.

Today’s SHIBA INU live price is $0.000033. The 24-hour trading volume for SHIBA INU is $1.3 billion. SHIBA INU fell 4.21% in 24 hours and is currently at 13 according to market cap. Although it briefly gained after Kraken’s listing, the gains have since been reversed. 

Today’s Polygon price is $1.86. The 24-hour trading volume for Polygon was $2.5 billion. Polygon’s price has dropped 5.07% in 24 hours.

Polkadot, down 9%, is the largest loser of the top 20.

Top Movers

Today, the majority of top 100 coins lost between 5-10%. This section includes those who lost more.

Zcash, a cryptocurrency decentralized on anonymity and privacy, uses the zk–SNARK zero knowledge proof technology. This allows nodes on a network to verify transactions without revealing any sensitive data. Today, it has lost just over 10%.

Curve DAO Token, which is -11%), as well as Theta Fuel (-12.5%), are two other major losers. TFUEL, the second token on Theta’s blockchain, serves as a utility token for decentralized video and data delivery. It is also a gas token and powers all operations on Theta Blockchain. 

Revain lost 17%. This reverses gains yesterday when Revain was the top-mover in the 100 largest coins by market capital. Decred, Wax and Wax continue to fall. They lost 11% and 12% respectively.  

Trending

MetaShiba, despite all the crypto market doom, is still a popular coin. Since its listing on PancakeSwap in December 9, it has been steadily growing. In the last 24 hours, it has increased 14%.

Dogecoin has spawned quite a number of successors, but there’s one that stands out: MetaDoge. The value of this new token has increased 17.67% over the past 24 hours.  

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Posted by : rocketman
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