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

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.