Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD

Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD
© Reuters

Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period.

During the recent fall, Ether (ETH) has continued to outperform Bitcoin. While Bitcoin’s market dominance has dropped below 41%, Ether has continued to gain ground and its market dominance has risen above 21%.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
ETH/USDT 4-hour chart. Source: TradingView
MATIC/USDT daily chart. Source: TradingView
MATIC/USDT 4-hour chart. Source: TradingView
ALGO/USDT daily chart. Source: TradingView
ALGO/USDT 4-hour chart. Source: TradingView
EGLD/USDT daily chart. Source: TradingView
EGLD/USDT 4-hour chart. Source: TradingView

Continue Reading on Coin Telegraph

Related posts