Market highlights December 14: Crypto market in the red, US stocks sink as Omicron fears return

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The crypto marketplace was successful the reddish implicit the past 24 hours, arsenic the immense bulk of cryptos were seen little astatine clip of writing. All 3 large US indices sank little yesterday amid heightened fears implicit Omicron.

Top cryptos

Bitcoin registered losses of astir 5%, and was trading beneath $47,000 this morning. Ethereum was down astir 7%, Cardano fell astir 8%, and XRP registered losses of astir 5%. Solana leads arsenic the biggest apical 5 loser, down much than 6% today.

The unrecorded SHIBA INU terms contiguous is $0.000033 with a 24-hour trading measurement of $1.3 billion. SHIBA INU is down 4.21% successful the past 24 hours and presently sits astatine 13 by marketplace cap. It recorded little gains aft a listing connected Kraken, but has since reversed connected those. 

The unrecorded Polygon terms contiguous is $1.86 with a 24-hour trading measurement of $2.5 billion. Polygon is down 5.07% successful the past 24 hours.

Polkadot is the biggest loser successful the apical 20, down 9% today.

Top movers

The bulk of apical 100 coins mislaid 5-10% today. We notation those that mislaid much successful this section.

Zcash, a decentralized cryptocurrency focused connected privateness and anonymity, uses the zk-SNARK zero-knowledge impervious exertion that allows nodes connected the web to verify transactions without revealing immoderate delicate accusation astir those transactions. It has mislaid conscionable implicit 10% today.

Other large losers are Curve DAO Token (-11%) and Theta Fuel (-12.5%). TFUEL is the 2nd token connected the Theta blockchain that serves arsenic the inferior token successful decentralized video and information delivery. It besides acts arsenic a state token, powering each operations connected the Theta blockchain. 

Revain mislaid 17%, reversing gains from yesterday, erstwhile it was the apical mover successful the 100 biggest coins by marketplace cap. Decred and Wax proceed their downturn, losing 11% and 12%.  

Trending

MetaShiba is 1 of the fewer coins trending contiguous amid all-pervasive crypto marketplace gloom. It has been gaining steadily ever since it was listed connected PancakeSwap connected December 9. It has accrued by 14% successful the past 24 hours.

Dogecoin has spawned rather a fig of successors, but there’s 1 that stands out: MetaDoge. This absorbing caller token is up 17.67% successful the past 24 hours.  

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