Coin Gabbar Token

<h2 id="header-0">The broader crypto market changed its momentum and shows losses in the last 24 hours due to macroeconomic circumstances. As a result, the prices of Bitcoin, Ethereum, DogeCoin, and Cardano are trading in the red.</h2><p>At the time of writing, the global cryptocurrency market cap drops 0.8% in the last 24 hours to $0.882 trillion. As per CoinGabbar data, the total crypto market volume over the last 24 hours was $31.69 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 $16,929. This follows a 1.34% decrease in the last 24 hours. As a result, its market capitalization stands at $326.93 billion.</p><p>As per CoinGabbar statistics, ETH, the second largest cryptocurrency by market cap, is currently trading at $1,252.6, which decreased by 1.52% in the last 24 hours.</p><h3 id="cryptocurrencies-price-action">Cryptocurrencies Price Action</h3><p>The price of Cardano (ADA) has decreased by 2.16% 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 $0.3070.</p><p>In addition, the price of XRP decreased by 1.89% 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 $0.3812.</p><p>DogeCoin (<a href="https://www.coingabbar.com/en/crypto-currency/dogecoin-doge-prices-usd" rel="noopener noreferrer nofollow">DOGE</a>) continues to lose its traction among cryptocurrency traders and influencers. It decreased by 4.17% in the last 24 hours and is currently trading at $0.0927.</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 jump, the whales became active and began dumping assets at higher prices, assisting the market to regain a bearish momentum.</p><p>Furthermore, the US equity market also shows losses in Friday’s trading session, indicating a correlation between the two markets.</p><p>Major Events Around the World</p><ul><li>As per reports, in an ongoing federal investigation, Caroline Ellison, the former CEO of Alameda Research, will be represented by a former senior crypto regulator at the Securities and Exchange Commission (SEC).</li><li>Law enforcement officers in the United Arab Emirates have detained a significant Finiko representative. He was sought after for his role in the global <a href="https://www.coingabbar.com/en/crypto-currency-news/is-your-cryptocurrency-safe-coingabbar-news" rel="noopener noreferrer nofollow">cryptocurrency </a>Ponzi scheme that defrauded thousands of investors.</li></ul><p>The Gulf state has now detained a high-ranking pyramid member twice in the past month.</p><p><strong>COINGABBAR Views: If the current trend continues, the market will fall 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/binance-denies-3commas-hack-concerns-huge-altcoin-buys" rel="noopener noreferrer nofollow">Binance Denies 3Commas Hack Concerns Over Huge Altcoin Buys</a></strong></p>

24 Hrs Crypto Update, Dec 11: Global Crypto Market Dropped Significantly

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