Bitcoin fell today, Wednesday, December 27, by 2.71%, despite this decline, bitcoin managed to keep its price above the level of 42,000 dollars, as it is currently trading at 42,218 dollars, and this is the third day in a row that BTC is trading at more than 42,000 dollars, however, in the past three days, Bitcoin has fallen in value by 688 dollars.
Ether recorded a slight decline of 0.75% on Wednesday, and at the time of writing, ETH is trading at a price of 2220 dollars.
A range of cryptocurrencies reversed losses on Wednesday, including Ripple, Cardano, avalanche, dogecoin and Polkadot.
The total market capitalization of cryptocurrencies has decreased by 0.27% over the past 24 hours, and the sector’s valuation is currently 1.65 trillion dollars, according to CoinMarketCap.
Meanwhile, only a small number of cryptocurrencies showed profits on Wednesday. They include Tether, Solana, Binance Coin, USDCOIN, polygon, and wrapped Bitcoin.
