Thursday in the trenchant tirades of crypto, Bitcoin (BTC) was at $47,100 when the day began, and stayed between $47,000 and $47,500 for most of the first-half, with up-and-down price fluctuations along its way, before finally breaking out late in the second quarter (7th to 12th hours) but facing resistance at $48,000 around midday. The same way “Bit” came up however, it fell back down, coming back to $47,100 where it started the day leading into the fourth and final quarter. In the final hours, the “orange coin” stayed rangebound, hovering around the same price-zone, $47,100, going into “New Year’s Eve” Friday. Bitcoin, now down 5% for the week and 15% for the month, is still up 67% for the year, while its marketcap is at $915 billion. Meanwhile, Bitcoin dominance went up by another .1% since yesterday and is currently at 38.3% versus all crypto assets.
The second-largest crypto-by-marketcap, Ether (ETH) was hovering around $3,700 when Thursday started, and, like BTC, had a relatively stable day, in ETH’s case trading sideways between $3,700 and $3,750 in the first quarter, before reaching as high as $3,775 in the second, but correcting back down to $3,750 by midday. That same uneventful market sentiment would carry on to the second-half as well, as ETH stayed rangebound for most of the third quarter, before slipping and momentarily falling to $3,700 late in the third quarter but quickly bouncing back to reclaim $3,750 before the night was through. Ether, now down 8% for the week and 18% for the month, is still up 405% for the year, while its marketcap is at $452 billion.
After three days in a row of the Top 100 altcoins-by-marketcap closing in the red, the bunch finally broke that trend on Thursday with 90% of them closing in the green. From the long list of winners, there were even six projects that recorded double-digit gains, while there were no big losers from the 10% that closed in the red. The biggest gainers of the day, in order of larger-sized marketcap assets first, were as follows, in order of larger-sized marketcap assets first: Cosmos (ATOM) went up 11%, Aave (AAVE) up 14%, Arweave (AR) up 10%, Civic (CRV) up 12%, Celsius (CEL) up 16% and Sushi (SUSHI) went up 12% leading up to the last day of the year. The total marketcap of all crypto assets, meanwhile, is at $2.385 trillion, up 3% in the last 24 hours.
- Bitcoin(BTC)afterStartingThursdayAt$47,100hasRelativelyStableDayTradingSidewaysMostlyBetween$47,100and$48,000beforeClosingBackDownWhereItStartedTheDayNowDown15%forTheMonthButUp67%forTheYearWithItsMarketcapAt$915billionAndBitcoinDominanceAt38.3%versusAllCryptos
- Ether(ETH)likeBTChasNonVolatileDayStartingThursdayTradingAt$3,700andStayingRangeboundBetweenThatLevelAnd$3,750forMostOfTheDayBeforeEventuallyRetiringTo$3,750whereItWouldCloseTheDayNowDown18%forTheMonthButStillUp405%forTheYearWhileItsMarketcapIsAt$452billion
- TheAltcoinSectorTheTop100byMarketcapInParticularAfterThreeConsecutiveDaysOfMoreThan80%ofThemClosingInTheRedFinallyBreaksThatTrendByClosingWith90%ofTheBunchInTheGreenWithSixDoubleDigitWinnersEvenAndNoLosersWhileTotalCryptoMarketcapIsUp3%to$2.825trillion
https://www.coingecko.com/