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The Christmass trading canceled $ 14 billion from the cryptocurrency market; Bitcoin and main altcoins remain in red

  • The cryptocurrency market is sliding down from the recent highs achieved before Christmas.
  • Ethereum Classic is the only green coin.

On the cryptocurrency markets, Christmass was not as cheerful as one might expect. All major currencies were withdrawn from recent highs, while the total value of all digital assets in circulation fell to $ 128B at the time of writing from $ 142B on Monday, December 24th. The decline could be triggered by long speculative short-term profit taking, intensified by subtle market conditions.

Bitcoin it is back under 4000 handles. The digital currency n. 1 is changing hands to $ 3,748, down nearly 2% from this Wednesday hour and up to 12% from the recent $ 4,234 high just before Christmas.

Ripple & # 39; s XRP, the second largest currency by market capitalization, remains at $ 0.3728, down 2.5% from Thursday's trading. The currency has lost more than 4% in the last 24 hours, moving in sync with other digital resources. The XRP / USD peaked at $ 0.4607 on December 24th and has since lost 18% of its value.

Ethereum of the moment is the same. Having touched an area greater than $ 160 on Monday, the currency has plummeted below $ 130 to trade at $ 129.42 at the time of writing. Currently, the currency is consolidating losses within the short-term downtrend.

Ethereum Classic it is the only currency out of the top-20 with decent earnings. ETC / USD is changing hands at $ 5.51, which is up 11% from Wednesday. The currency is in 17th place with the current market value of $ 590 million.

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