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Crypto Market Update

Market Cap: $190 B

BTC Dominance: 68.3%

BTC: $7,200

ETH: $128

XRP: $0.193

December is almost over, and it's safe to say that it has been action-packed. Over the past week, Bitcoin's price went on a rollercoaster, dropping to a low of around $6,500 only to correct to approximately $7,200 where it currently trades, leaving many to question whether the bottom was already in.

It's worth noting that while the price was jumping up and down throughout the entire week, Bitcoin's dominance has been surging. In the last seven days, it's up almost 2%, standing at 68.3%. This means that altcoins have been struggling to claim any new grounds, despite the turbulent price action.

Looking at the major cryptocurrencies, the week has been relatively disappointing. Most of them are charting decreases upwards of 5% against both Bitcoin and the USD. Of course, as it's almost always the case, Bitcoin's recovery also helped altcoins, and they did manage to patch up some of the losses from the beginning of the week.

Full Market Report & Analysis

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