Coin Gabbar Token

<h2 id="header-0">The broader crypto market changed its momentum and shows gains in the last 24 hours due to macroeconomic circumstances. As a result, the prices of Bitcoin, Ethereum, DogeCoin, and Cardano are trading in the green.</h2><p>At the time of writing, the global cryptocurrency market cap jumps 1.9% in the last 24 hours to $0.893 trillion. As per CoinGabbar data, the total crypto market volume over the last 24 hours was $44.73 billion.</p><p>The crypto market leader, <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" rel="noopener noreferrer nofollow">Bitcoin price</a> is currently trading at $17,258. This follows a 2.64% increase in the last 24 hours. As a result, its market capitalization stands at $330.77 billion.</p><p>As per CoinGabbar statistics, ETH, the second largest cryptocurrency by market cap, is currently trading at $1,280.7, which increased by 4.32% in the last 24 hours.</p><h3 id="cryptocurrencies-price-action">Cryptocurrencies Price Action</h3><p>The price of Cardano (ADA) has increased by 2.12% in the last 24 hours. ADA is currently ranked 9th in CoinGabbar&#39;s top cryptocurrency ranking in terms of market cap. At the time of writing, the price of ADA was trading at $0.3151.</p><p>In addition, the price of XRP increased by 2.75% in the last 24 hours. XRP is currently ranked 7th in CoinGabbar&#39;s top cryptocurrency ranking in terms of market cap. At the time of writing, the price of XRP was trading at $0.3935.</p><p>DogeCoin (<a href="https://www.coingabbar.com/en/crypto-currency/dogecoin-doge-prices-usd" rel="noopener noreferrer nofollow">DOGE</a>) continues to gain traction among cryptocurrency traders and influencers. It increased by 3.36% in the last 24 hours and is currently trading at $0.09861.</p><h4>What Turns Crypto Market volatile?</h4><p>The global crypto market turns volatile because of the massive movement of large whales. As per reports, following a brief fall, the whales became active and began buying assets at lower prices, assisting the market to regain its bullish momentum.</p><p>Furthermore, the US equity market also shows some gains in yesterday&#39;s trading session, indicating a correlation between the two markets.</p><p>Major Events Around the World</p><ul><li>The Securities and Exchange Commission (SEC) of the United States has issued new guidelines that may require publicly traded companies to disclose their exposure to crypto assets.</li><li>Three US lawmakers have proposed legislation that would require the Environmental Protection Agency (EPA) to report on the energy consumption and environmental impact of cryptocurrency miners.</li><li>According to a Dec. 7 announcement from the company&#39;s chief technical officer, Georgios Konstantopoulos, Web3 investment firm Paradigm has released a Rust implementation of Ethereum. The new &#34;Reth&#34; software allows Ethereum validators to launch their nodes in Rust rather than Go, Java, or other programming languages.</li></ul><p><strong>COINGABBAR Views: If the current trend continues, the market will certainly surge further. The volatility trend in the market has persisted for some time and appears to be continuing, as indicated by the current influx.</strong></p><p><strong>Read also: <a href="https://www.coingabbar.com/en/crypto-currency-news/exponential-growth-of-crypto-mining-in-russia-in-2022-coingabbar" rel="noopener noreferrer nofollow">Exponential Growth of Crypto Mining in Russia in 2022 | CoinGabbar</a></strong></p>

24 Hrs Crypto Update, Dec 8: Global Crypto Market Surged Dramatically

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