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The cryptocurrency market that showed massive growth for most major currencies, as of December 10th, saw a tremendous spontaneous fall with all the major currencies bleeding in red.
Tron [TRX] the eighth largest currency on the CoinMarketCap list, recorded a sharp decline of 10.66% in the last hour at the time of printing. Tron is not the only currency to deal with the sudden massive fall. It was followed by Ethereum [ETH], which recorded a decrease of 7.68% and Litecoin [LTC] also down 6.66% in the last hour.
Tron, who has been pumping heavily in recent days, has seen a sudden fall, which can be seen in the chart from Trading View.
Source: trading view
At the time of printing, TRX was valued at $ 0.0305, with a market capitalization of $ 2 billion. The volume of 24-hour currency trading was reported at $ 569 million, up 11.78% on the previous day. The currency recorded an overall growth of 45.92% in the last week.
Source: CoinMarketCap
Ethereum [ETH], which was the second largest coin, slipped back into third place. The currency was valued at $ 141.02, with a market capitalization of $ 14.7 billion. The 24-hour ETH trade volume was reported at $ 2.4 billion, with a sharp decline of 8.2% in the last 24 hours. The currency recorded an overall decline of 8.55% compared to last week and is still declining.
Source: CoinMarketCap
litecoin [LTC], who was playing a position exchanging game with Stellar [XLM], fell 7.67% in the last 24 hours and continues to decline. The currency fell by more than 5% in the last hour and overall growth was 11.1% in the last week.
Most of the major coins have been attacked by the angry bear and are bleeding at the time of printing.
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