The cryptocurrency market has been showing some positive moves in the last couple of days. The number one crypto even managed to increase from its lowest $3,210 on December 8th to a price point of $3,603 earlier today. Unfortunately, the color red came back to dominate the Top 100 once again.
A prominent crypto analyst, DonAlt said that Bitcoin has to break the $3,700 resistance level, or otherwise it will stay between $3,300 and $3,600 without any hopes of the next bull run.
Unfortunately that didn’t happen today. The number one cryptocurrency is down -3.88% since yesterday, and is currently trading at $3,502, according to coinmarketcap.com, while maintaining its market dominance over 55%.
XRP the second biggest crypto by market cap, is trading at $0.30, down -4.58% in the past 24 hours, while having a current market cap of $12,3 Billion. Down -1,3 Billion since December 6th.
Ethereum continues to suffer as its price is down -5.86% today. ETH is trading well below the $100 psychological threshold at $91.45.
The other coins in the Top 10 are all showing losses today, with Stellar having lost the most with -6.58% down. Bitcoin Cash, the current number 6, is down -4.18%, while EOS is showing similar losses of -5.01%.
Tether is the only exception, showing 0.31% up.
Read more: Only 9 crypto projects maintain $1 Billion in market cap during recent crash
The only coin in the top 100 that is showing impressive gains is DEX, up 32.33% and currently trading at $0.23.
Related: Crypto trader Michael Moro predicts BTC will bottom out at $3,000