RATE Group | Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500
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Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500

10 Dec Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500

Posted at 21:49h in Bitcoin News by

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Monday, Dec. 10: Crypto markets have failed to hold another recovery attempt, with nearly all top 20 coins by market capitalization in the red as of press time.

After a slight bump yesterday, Dec. 9, with Bitcoin (BTC) seeing its price grow from around $3,400 to more than $3,600, markets are seeing another decline as losses over the 24-hour period for some major coins reach more than 9 percent, according to CoinMarketCap.

Market visualization from Coin360

Market visualization from Coin360

The top cryptocurrency Bitcoin is down by 4.59 percent, trading at $3,474 at press time. As noted earlier today, the Bitcoin volatility index has recently spiked threefold on the month, following a period of price stability.

Exactly one year ago, on Dec. 10, 2017, the price of Bitcoin was $17,102 per coin, almost 80 percent higher than the price of Bitcoin today. Bitcoin’s market share index is 55 percent, down from 62.4 percent exactly one year ago, according to data from CoinMarketCap.

Bitcoin all-time price chart. Source: CoinMarketCap

Bitcoin all-time price chart. Source:

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