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A bloodbath can be lurking behind the corners, and this is becoming increasingly evident with each passing day. While tokens like Bitcoin Satoshi Vision are proving to be the anomaly, the vast majority are on the verge of losing profits and decreasing in the trading price.
All the first four cryptocurrencies have achieved great losses in the last 24 hours, with Stellar taking the lead as it reduced losses by 15.96%. On the other hand, Bitcoin and XRP have lost respectively 7.18% and 7.23% and it seems likely that they will continue in that direction due to a suppression of trade volume.
Bitcoin is taking many twists from the bearish war market that has ended. Although the token did not fall to $ 2000 as hypothesized by some traders, the big bull is not exactly in a position that allows him to concentrate on the stability of the building.
Yesterday, trading volume managed to reach $ 5.87 billion and has now grown to $ 6.50. One would expect that the token would come out of the $ 3000 threshold and go towards $ 4000, but unfortunately, the result is a reduction in the trading price that was $ 3521.10 at yesterday's close, which has now fallen to $ 3424 , 92, according to the data of coinmarketcap.
In the meantime, Ethereum is going through a serious market crisis with a consistency in the declension of market capitalization. On December 5, when the Ethereum had a daily historical maximum of $ 110.60, the market capitalization was $ 10.6 billion, the following day, the market capitalization fell to $ 9.5 billion.
At present, market capitalization has fallen to $ 8.88 billion. If the Ethereum continues at this rate, it could lose its position to Stellar who is fighting to stay afloat and ahead of its new rival Bitcoin Satoshi Vision.
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