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Sunday, December 2: the first 20 cryptocurrencies are for the most part in red, according to the data of Coin360, after a modest recovery yesterday, December 1. Despite the slight losses, Bitcoin (BTC) continues to hold just above the $ 4,000 mark.
Market display from Coin360
According to data from CoinMarketCap, Bitcoin is in the red, steadily declining below the value of $ 4,100, down nearly 4 percent of the day for the press. However, the main cryptocurrency was relatively stable throughout the weekend compared to Friday, November 30, when it fell below $ 4000 at least twice. Bitcoin is trading at $ 4,087 for printing.
Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin price index
Ripple (XRP), retaining its position as the world's second largest altcoin by market capitalization, traded around $ 0.36, down slightly more than 3 percent of its price and finishing the week largely of descent.
7 days price chart ripple. Source: CoinMarketCap Ripple Price Index
Even Ethereum (ETH) is in red, hovers mostly around $ 115 at the time of printing. After a short hike in the middle of this week peaking at the $ 125 mark, the altcoin was relatively calm over the weekend, even reaching $ 120 points earlier today, December 2nd.
Ethereum 7-day price table. Source: CoinMarketCap Ethereum price index
The total market capitalization of all cryptocurrencies declined slightly from the December 1 yield, falling to $ 130 billion for print time after reaching $ 139 billion on Saturday. Daily trading volumes are around 14 billion dollars at the time of the press, even today slightly down.
Total market capitalization graph of 7 days. Source: CoinMarketCap
According to CoinMarketCap, all 20 major cryptocurrencies were in red all day, except for Bitcoin SV (BSV) and Ethereum Classic (ETC). Bitcoin SV, which emerged from the controversial fork of Bitcoin Cash (BCH), saw a growth spike today, before falling slightly to trade at around $ 100. At the time of printing, the currency is $ 95.25, in drop of just under half a percentage point of the day. Its competitor, Bitcoin Cash (BCH), fell from $ 180 to about $ 166 today, down nearly 6 percent over the 24 hours.
The first three who get and lose altcoins of the week can be seen in the recent Hodler & # 39; s Digest of Cointelegraph.
Bitcoin has remained stable above $ 4000 for two days, despite news on regulatory encryption in various countries. As reported on December 1, the Thai Securities and Exchange Commission is evaluating security token (STO) offers, announcing that it will develop a legal framework to oversee them. Meanwhile, "informed" sources have revealed that the Japanese financial regulator, the FSA, is ready to announce new rules for the Initial Coin Offering (ICO) to protect potential investors from fraud.
In Estonia, the Ministry of Finance has announced that it will add amendments to a recently approved law on the fight against money laundering (LMA) and the prevention of terrorist financing to "tighten" the regulation linked to the crypt.
On Saturday, G20 member countries called for international cryptocurrency taxation, as well as its regulation to combat money laundering, at the Buenos Aires summit in Argentina this weekend.
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