Crypto sells hibernation on New Year's Eve; Bitcoin Cash Cash as usual, the rest still.
Cryptographic markets remained inactive on the last day of 2018. There was a slight movement in none of the major cryptocurrencies, as total market capitalization remains just below $ 130 billion. Compared to December 31, 2017, they are down 77% but the rate of decline has slowed in recent months.
Bitcoin has not moved on the day and remains just over $ 3,800 at the time of writing. BTC has reached a maximum intraday of $ 3,900 but has retreated to $ 3,860 and is currently headed south from there. Bitcoin lost more than 9% since last Monday as he has not managed to overcome the resistance over $ 4,000.
Ethereum is also flat during Asian trading this morning; it stayed just over $ 135 where it was yesterday. In the same way with XRP that has not moved, the gap between the two for the second place is now around $ 660 billion and is reduced as the Ethereum closes.
At the moment there are more reds than green in the top ten, but the losses are generally less than 1%. Apart from Bitcoin Cash, which, as usual, is downloading more and heads south of $ 160. EOS and Stellar are still fighting for fifth place, but neither has done much in the last 24 hours.
The biggest movement in the top twenty came from Binance Coin, which earned 4.5% at the time of writing. Cardano and Iota are a small fraction while the rest is falling back by a percentage.
A pair of two-digit Fomo pumps are occurring at the green end of the top hundred. At the moment are MobileGo, IOST and Komodo, all with over 15%. Stops of 10% are Linkey and Veritaseum.
The total market capitalization returned to the same place it was yesterday, 128 billion dollars. A promising pump began to form a few hours ago, but ended with the same speed with which it arrived and sales pressure began a few hours ago. Daily volume also declined and now it's back to around $ 14 billion.
During the week, the cryptographic markets lost 9% because the gains of the Santa rally have slowly decreased, it was not enough to transform the trend again. It seems fair that the markets close the year horizontally and in decline for a full 12 months that have been rather depressing for all cryptocurrencies. Waiting for 2019 is all we can do now. Happy New Year!
FOMO Moments is a section that daily analyzes the first 20 cryptocurrencies during the current trading session and analyzes the best performances, looking for trends and possible basic elements.