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Complete crypto market cap takes one other hit, however merchants stay impartial By Cointelegraph

Cryptocurrency 49 minutes in the past (Dec 17, 2022 08:40PM ET)

Total crypto market cap takes another hit, but traders remain neutral

The whole cryptocurrency market capitalization dropped 8.1% up to now two days after failing to interrupt the $880 billion resistance on Dec. 14.

The rejection didn’t invalidate the 4-week-long ascending channel, however a weekly shut beneath $825 billion will verify a shift to the decrease band and scale back the assist stage to $790 billion.

Complete crypto market cap in USD, 12-hour. Supply: TradingViewWeekly winners and losers among the many high 80 cash. Supply: NomicsPerpetual futures gathered 7-day funding price on Dec. 16. Supply: CoinglassBTC choices quantity put-to-call ratio. Supply: laevitas.ch

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