The year is ending in a Positive Mood for Cryptocurrencies
On the last day of the year, cryptocurrencies witnessed a rise in the market. Bitcoin the largest cryptocurrency added about 3% in the last 24 hours and Ether, the second-largest cryptocurrency also gained more than 3% in the last 24 hours.
For the first time in three days, Bitcoin has jumped over $48,000 and Ethereum has reached $3,800.
According to the data shared by Messari data show, all top ten currencies have started to gain in the market. Though at present all are lower than what they were at the same time, a week ago. Except for LUNA and Stablecoins tether and USDC, all top 10 cryptocurrencies are down by more than 10% since the beginning of December.
LUNA rose in price after the community proposal, to burn its tokens, in November. Since then its price are rising, and at the time of writing, it was being traded at $90.72.
Disclaimer: The article is just to provide information and shouldn’t be considered as any financial advice. It is advisable to conduct thorough research before investing in any cryptocurrency.
Photo by – Peggy_Marco on Pixabay