TL; DR Breakdown
- The global crypto market capitalization remains around the same price as yesterday, detects a decrease of 0.56%.
- Bitcoin falls just below $ 51,000 by 0.13%.
- Ethereum does not win or lose, and it is still priced at $ 4080.
- Kadena (KDA) takes a strong step forward at 13.75%.
- Aave (AAVE) shows 3rd highest weekly earnings, shows 7.97% earnings today.
The cryptocurrency market seems to be stagnant today; it has neither advanced nor decreased in price. This is a good sign, better than falling back into another bearish run that would inevitably lift major cryptocurrencies off their pedestals. The stagnation of the cryptocurrency market gives the impression of equilibrium; Green charts still dominate the crypto market, while red charts are scarce and scarce.
As major cryptocurrencies remain stationary, there is more room for hope that a surge will emerge in the cryptocurrency market. Perhaps our top cryptocurrencies will have another bull run and scale further. It also provides room for negativity; Who knows if another run to the downside will drag the coins higher to their lowest points, as shown earlier in the month? Only time will tell if the crypto market is stable or not. As of now, the global crypto market capitalization is the same value as yesterday morning, reaching $ 2,374,849,971,646. However, the trading volume of the crypto market has fallen by 19.02%.
Bitcoin and Ethereum show signs of stopping.
The top two crypto tokens haven't shown anything significant in the last twenty-four hours. Bitcoin has dropped a few notches, showing a price depreciation of 0.08%. However, it still stands firm; its price has reached $ 50,970, which is much better than $ 45k Bitcoin shown a week ago. The main cryptocurrency continues to advance and breaks the cycle of sedentary lifestyle that explodes throughout the cryptocurrency market. Bitcoin's market capitalization is $ 963,244,442,543 and it is continuously advancing as its trading volume depreciates to $ 20,917,176,572.
As for Ethereumthe top altcoin it has remained firm in the market, showing gains of 0.55% since yesterday, reaching up to $ 4,105, and remaining around this price. Ethereum He's never been one to stay down for too long and let other cryptocurrencies trample him down and continues to hold his head high in the market. As of yesterday, Ethereum had shown increases in market value of up to $ 4,135, but it has dropped a bit since then. Its market capitalization is currently $ 487,009,736,472, and its trading volume suffers from less than $ 12.5 billion.
Kadena and Aave made substantial progress.
Kadena has become more prominent than ever in the cryptocurrency market. Earlier this month, it had ranked No. 80, but after taking firm steps forward, KDA reached No. 66 in the rank in just a few days. The company offers a complete decentralized ecosystem for cryptocurrency security and other similar functions. After showing a 13.75% gain, the token has hit $ 13.12 in twenty-four hours. Its market capitalization shows higher earnings of 14.37% up to $ 2,133,698,142.
On the other hand, Aave It is a decentralized protocol that enables the lending and lending of cryptocurrencies. It is ranked significantly higher than KDA, ranking 46th thanks to its high and growing market capitalization of $ 3,633,870,286. It has shown less earnings than Kadena, ranking second on the winners list and trading at $ 270.06 after a market surge of 8.64%.
conclusion
The cryptocurrency market appears to be causing a storm, given its restless tides that keep pouring in. The excitement of the crypto market is similar to that of an amusement park, except that the stakes are much higher thanks to investments of thousands of dollars. in the market. However, things seem to be looking up now, but we can't wait to see what else happens. Happy Holidays, Crypto Investors!
