The cryptocurrency market has been going through a rough patch this new year as the market saw major coins plunging on December 10. The major coins were hit by the bear and saw a massive fall, including Ethereum [ETH]. The coin, which was the second-largest coin until the dawn of December 10, slipped to the third position, making XRP, the second largest coin.
At the time of press, the coin was valued at $134.27, with a market cap of $14 billion. The coin registered a 24-hour trade volume of $2.9 billion with a fall of over 11% in the past day. The coin registered an overall growth of 11.52% over a week, but has fallen victim to the bear attack and fallen by 0.05% over the past hour.
The coin registered a maximum trading volume on OKEx. The total volume traded on the exchange was noted to be $143 million with the ETH/USDT pair. Meanwhile, IDAX reported a trading volume of $91 million with the KZE/ETH pair. IDAX was followed by DigiFinex, with a volume $90 million with the ETH/USDT pair.
Meanwhile, XRP regained its second position with a market cap of $14.2 billion and was valued at $0.3485. XRP registered a 24-hour trade volume of $766 million, with a fall of over 5% in the past day. The coin has recorded growth over the past week by 4.80% but has fallen by 0.73% over the past hour.
The coin was highly traded on UPbit, with the exchange registering a volume of $69 million with the XRP/KRW pair. ZB.COM followed UPbit, in terms of trading volume by registering a volume of $62 million with the XRP/BTC pair. Binance took the third position with $54 million volume on the XRP/USDT pair.
Earlier today, the coin had fallen briefly to the third position, but had managed to overtake XRP in no time.
The bear is not favoring any major coin and has attacked every single one of them. At the time of press, Bitcoin Cash had plunged by 13.97% over 24 hours, followed by Litecoin [LTC] which recorded a fall of 11.70%, and EOS which noted a fall by 9.20%.
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