The cryptocurrency market has been going through some constant ups and downs, but as of December 8, the market appears to be bitten by the bear. The bleeding market has only one winner in Tron [TRX], whereas the biggest losers in the market, at the time of press are, Bitcoin Cash [BCH], Ethereum [ETH] and EOS.
Bitcoin Cash [BCH], at the time of press, was valued at $158.84, with a market cap of $2.7 billion. The fourth-largest coin started falling early on December 8, and fell by 4.99% in 24 hours. The coin faced an overall plunge of 0.57% over the past week and is seen falling by 0.09% in the past hour.
The coin registered a maximum trade volume of $29 million on LBank exchange with the BCC/BTC pair. LBank also acquired the second position with a trading volume of $18 million with the BCC/USDT pair. LBank was followed by Huobi, with a volume of $12 million with the BCH/USDT pair.
According to ETH’s one-day chart, the coin was valued at $149.52, with a market cap of $15.5 billion. The second-largest coin which was enjoying growth for weeks now, has started to plunge. The coin’s 24-hour trade volume was registered to be $2 billion. The coin had fallen by 4.39% in a day, however, the overall growth of the coin was noted to be 11.07%. The coin is recovering as a steady growth of 0.17% was observed at the time of press.
ETH registered a maximum trading volume of $96.5 million on Bibox exchange with the EOS/ETH pair. Bibox was followed by OKEx, which registered a volume of $87 million with the ETH/USDT pair. The third place was taken by Binance, which registered a volume of $66 million with ETH/USDT pair.
EOS, the fifth-largest coin on the CoinMarkeCap top-10 list fell by 2.93% over the past 24 hours. The coin was valued at $2.75 with a market cap of $2 billion. The 24-hour trade volume of the coin was $663 million and has made a recovery of 0.13% over the past hour. The coin marked an overall growth of 6.80% over the past week.
The coin was highly traded on Bibox with a trading volume of $96 million with the EOS/ETH pair. The second place was taken by OKEx which traded $66 million with the EOS/USDT pair. ZB.COM reported a trading volume of $46 million with the EOS/BTC pair.
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Namrata is a full-time journalist and is interested in covering everything under the sun, with a special focus on the crypto market.