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Saturday, December 15: the first 20 cryptocurrencies report a mix of moderate gains and losses, with Bitcoin (BTC) plunging briefly to $ 3,200 before rising above the price per print hour.
Market display from Coin360
Bitcoin started the day around $ 3,228, but after a mid-day peak of $ 3,275, it returned to the current price of $ 3,232, after touching its lowest point of $ 3,191 earlier today.
At the time of printing, Bitcoin is down by a percentage percentage compared to the last 24 hours. On the weekly chart, prices in the last two days were the lowest, down from a weekly high of $ 3,600.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ripple (XRP), the second largest crypt by market capitalization, has lost 1% in the last 24 hours. He started the day at $ 0.286 and currently trades around $ 0.284 after a midday peak of $ 0.292. On the weekly chart, the current price is the lowest, seven days ago Ripple was worth around $ 0.32.
7 days price chart ripple. Source: CoinMarketCap
Ethereum (ETH) remains the third cryptocurrency by market capitalization, losing slightly less than half a percentage point of its value in the last 24 hours. At the time of printing, ETH is trading at $ 84.33, after starting the day around $ 84 and trading sideways during the day.
On the weekly chart, the current ETH prices today are the lowest. Seven days ago, Ethereum traded at $ 87, but then peaked at $ 98.90 last Sunday, December 9th, before starting a decline to the current price.
ETH Weekly chart. Source: CoinMarketCap
Among the first 20 cryptocurrencies, several currencies are seeing more remarkable growth. EOS (EOS) is up by almost 6%, while IOTA (MIOTA) is up 4.29% during the day and Dash (DASH) has increased by almost 5%.
The only top ten cryptocurrency that records more than 2% of losses is Bitcoin SV (BSV), having lost almost 5% in the last 24 hours.
As Cointelegraph reported on December 13, according to a study, while the encryption prices have decreased, the number of verified cryptographic users has almost doubled this year. A Bloomberg analysis of the report states that the growth of the Crypto user base while markets are falling "could indicate that a possible recovery could come".
Jeremy Allaire, the co-founder of the criptovalute company Circle, recently told CNBC in an interview that in three years Bitcoin will be worth "much more" than it is now.
Status, an open source chat platform based on Ethereum has recently fired a quarter of its staff due to the recent fall in cryptocurrency prices. In an announcement, the startup co-founder stated that the Status is "much wider than we can sustain".
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