Bitcoin, the top cryptocurrency, finally found support near the €16,900 level on Dec. 7, which is extended by an uptrend line. The second most valuable cryptocurrency, Ethereum, is also supported above €1240, a level that is spanned by a double bottom pattern visible within the 2-hour time frame.
Major cryptocurrencies traded on a mixed exchange early on December 7, with the global crypto market capitalization falling 0,02% to $855,67 billion the day before.
We will return to the technical perspective in detail later in this article, but for now, let's look at the fundamentals of the market.
Let's take a look at the top 24-hour altcoin gainers and losers.
Major Altcoin Winners and Losers
Trust Wallet Token (TWT), MultiversX (EGLD) and Holo (HOT) are three of the top 100 coins that have increased in value in the last 24 hours. TWT price rose nearly 5% to $2,40; EGLD's price rose more than 4,5% to €45,28; The price of HOT rose almost 4,5%.