16 Dec Bitcoin, Cryptocurrency Prices Down while Accumulation Continues
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Yet another poor weekend for Bitcoin and cryptocurrencies, that continued the descent initiated last Monday. There wasn’t really a steep descent, but Sunday and early Monday’s action wiped out the bullish impulse made on Saturday. Litecoin (-2.42%) and ATOM (-3%) are the most harmed in the last 24hours, whereas Bitcoin (-0.8%) and Ethereum (-0.7%) are recovering slightly from early losses. In the Ethereum token sector, there were several good moves, among which were MOF(+10.1%), ENJ (+11.6%), THETA (+11%) and, especially Aurora ( +33.6%), and JEWEL (+156%).
The market Capitalization descended to $193.7 billion, on a $20.85 billion of volume traded during the last 24H, and the dominance of Bitcoin dropped to 66.25%.
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