As Bitcoin hits new lows at year-end, other large-cap altcoins have followed suit. There seems to be no love for crypto this year-end, as Santa has refused to show up. General Crypto Market Cap Plunges As it stands, crypto traders and investors seemed to have their hands up in resignation. Trading volume across major exchanges has been highly compressed. The general market capitalization across all digital assets is down around 2.6% monthly, at $774 billion. Crypto total market cap stands at $770 billion on daily chart. Source: TradingView The Bitcoin jump to $16,800 was a faint attempt at a bullish rally. The cryptocurrency continues to experience more downside, falling to its lowest in 3 weeks. Ethereum added 3.5% on Tuesday, having closed 130 basis points (bps) lower on Monday. The second largest crypto by market cap rose into the $1,200 region. ETH seems to collide with higher resistance at the $1,230 level. This could be challenging with the 14-day RSI now hovering directly below a ceiling of 47,000. Related Reading: Litecoin Continues To Slide, Now Below Shiba Inu In Market Cap The prices for Solana ..
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