The crypto market as a whole is bearish with all top 20 coins registering losses except for UniSwap, which continues yesterday’s bull run, albeit only with slight gains. Yesterday’s US indices were mixed as investors locked in recent gains before the year ended.
Bitcoin traded at $48,000, or 2%, this morning. Ethereum, Cardano, XRP and other cryptos were all down about 3%. Avalanche is the largest loser in the top 20, followed by Solana. Both have fallen by about 7%.
Terra is trading at $86.55 today with a volume of $2.8 Billion over the last 24 hours. The 9th largest coin by market cap lost 6% within the last 24 hours. Some traders decided to buy the dip.
Outside the top 20, the bearish trend continues. Fantom was one of the few gains. The price of Fantom soared as Fantom’s total value in the network surpassed $5.83billion in the past week. Today, it’s up 5%.
Harvest Finance’s current price is $175.41, with a 24-hour trading volume $660.5 million. Harvest Finance is up less than 11% today. Harvest automatically generates the highest yield using the newest DeFi protocols. Also, Harvest optimizes the yields from receiving the latest farming techniques.
ROSE is Oasis Network’s native coin, and the 80th most valuable by market cap. After a series of losses, it’s starting to gain again – 8% today.
SushiSwap’s popularity continues to grow. It has gained 9 percent in the past 24 hours.
Zilliqa & Livepeer are other winners, up 6% & 4%, respectively. 4%.
Aave was among the largest losers with a decline of 13%. Kadena continues to suffer from bearishness, with a 10% loss in the last 24hrs.
ICON is reversing yesterday’s gains rapidly. Today, the layer one blockchain has seen a 16% decline in its ability to create an interoperable network of blockchain networks between real-world businesses and autonomous online communities.
VNX is a Luxembourg-based digital asset platform. It developed an end to end regulatory compliant platform to help organize digital assets offerings. Today, it has grown by 151%.
RichQuack, a hyper deflationary token, generates instant liquidity and in turn pays out static rewards to holders. It’s a new coin based on an interesting premise. It’s also trending today.