CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin For Beginners
    • Bitcoin & Crypto Guides 101
  • IEO & ICO List
    • IEO & ICO List
    • Token Sale Evaluations
    • Airdrops
  • Fund
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Bitcoin & Crypto Margin Trading
  • Bitcoin Price Analysis
  • The ICO & IEO List
  • CryptoPotato Crypto Fund
  • Airdrops
  • Ethereum Price Analysis
  • Ripple Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$7,516.12
  • ethereum
    ETH$147.97
  • bitcoin
    BTC$7,516.122.35%
  • ethereum
    ETH$147.970.996%
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    Tether (USDT) Is Now The 4th Top Crypto As Market Cap Falls Below $200 Billion: Monday Market Watch
    Home » Market Updates » Tether (USDT) Is Now The 4th Top Crypto As Market Cap Falls Below $200 Billion: Monday Market Watch

    Tether (USDT) Is Now The 4th Top Crypto As Market Cap Falls Below $200 Billion: Monday Market Watch

    Author: Mandy Williams Updated Dec 2, 2019 @ 14:13

    Last week was quite impressive for Bitcoin as the cryptocurrency recorded a bullish reversal from a low of $6,750 to $7,800 in two days. The bulls were unable to defend the new region, swinging the price back to $7,230 during today’s early hours.

    Bitcoin is currently down about 1.29% on the day as it trades at around $7,316 at the time of this writing.

    BTCUSD TradingView
    BTC/USD. Source: TradingView

    The altcoin market, on the other hand, is in a mixed state as some cryptocurrencies are recording slight gains while others are on a disappointing trend. For example, Ether (ETH), is up by 0.20% and trading at $148 while XRP, despite its latest listing on Japan’s largest crypto exchange, is recording losses of 1.14%, trading at $0.218. 

    It’s also worth noting that Tether (USDT) – the most popular and widely used stablecoin, is currently the world’s fourth-largest cryptocurrency. This is a sign that altcoins are seemingly in a struggle as they lose their positions against a stablecoin, the market cap of which is only increased when Tether issues new USDT.

    The total market cap is $198 billion | Bitcoin’s market cap is $132 billion | BTC dominance: 66.4%.

    Major Crypto Headlines

    Huge Responsibility: Coinbase Holds Almost 1 Million Bitcoins. Considering that crypto exchanges are the major target of hackers, Coinbase seems to have a huge responsibility on its shoulder as new reports reveal that the US-based exchange has custody of 966k bitcoins in its wallets. 

    Japan’s Largest Crypto Exchange, BitFlyer, Adds Support For XRP. Good news for XRP fans and traders as Japanese exchange BitFlyer has officially announced that Ripple (XRP) will be available on its Altcoin Market for trading as of Monday, December 2. Yet, the price failed to react positively, and XRP is down during today’s trading session. 

    Vertcoin 51% Attack ‘Motive Uncertain’ as Hackers Lose up to $4,000. Hackers who attempted to steal Vertcoin (VTC) from Bittrex through another 51% attack on the Vertcoin blockchain, netted a total loss between $440 and $4,100. According to the network’s leading maintainer, the wrongdoers targeted Bittrex to manipulate the cryptocurrency’s blockchain.

    Significant Daily Gainers and Losers

    Ebakus (+340.47%)

    Ebakus (EBK) is in the green zone today with a massive gain over the last 24 hours. Although the cryptocurrency started the trading session with a price around the $0.007200 region, it is now trading at $0.031521, giving traders a remarkable 340% profit on the day. EBK holds a market cap of $2,846,200, with a daily trade volume of $190,944. 

    Blockium (+84%)

    A massive 84% profit today has placed Blockium (BOK) as the second most significant gainer over the last 24 hours. BOK is the native token of Blockium, a project that describes itself as a unique P2P financial gamification platform that unites stock and crypto traders. The uptrend movement today shows a recovery from its last week low of $0.000537 to $0.001669. At the time of this writing, the token is exchanging hands at $0.001094 with its 24h trading volume at $203,931.

    Fusion (FSN -51%)

    Today’s trading session is quite sad for FSN traders and holders as the cryptocurrency has lost over 50% of its value in the last 24 hours. FSN’s 7-day chart shows that the token has been on a downward decline falling from a price of $1.2 in the past week to a current price of $0.2. 

    Click here to start trading on BitMEX exchange and receive 10% discount on fees for 6 months.


    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

    Cryptocurrency charts by TradingView.
    Technical analysis tools by Coinigy.

    You might also like:

    Weekly Market Summary: Records Are Breaking As Bitcoin Stuck Above $7000

    Weekly Market Summary: Records Are Breaking As Bitcoin Stuck Above $7000

    Crypto Price Analysis & Overview December 6th: Bitcoin, Ethereum, Ripple, Raven, and Matic

    Crypto Price Analysis & Overview December 6th: Bitcoin, Ethereum, Ripple, Raven, and Matic

    Turn Of Events: General Manager of BIS Urges Central Banks To Embrace Digital Money

    Turn Of Events: General Manager of BIS Urges Central Banks To Embrace Digital Money

    Is Binance Bidding For Lichtenstein Union Bank? Binance CFO Denies

    Is Binance Bidding For Lichtenstein Union Bank? Binance CFO Denies

    HODLing Millennials: Bitcoin Trust (GBTC) Leading Schwab’s Generation-Y Retirement Equity Holdings

    HODLing Millennials: Bitcoin Trust (GBTC) Leading Schwab’s Generation-Y Retirement Equity Holdings

    Bitcoin Price Analysis: BTC to $6000 Or $8000? Bulls Vs. Bears War Continues

    Bitcoin Price Analysis: BTC to $6000 Or $8000? Bulls Vs. Bears War Continues

    Enjin (ENJ) Surges 60% Following Partnership With Microsoft

    Enjin (ENJ) Surges 60% Following Partnership With Microsoft

    Ethereum Price Analysis: Can ETH Finally Break Above $150?

    Ethereum Price Analysis: Can ETH Finally Break Above $150?

    Bitcoin Breaks Records: $8.9 Billion Processed In An Hour

    Bitcoin Breaks Records: $8.9 Billion Processed In An Hour

    Who Wants Bitcoin For $680? A Sudden Flash Crash On Binance USDS Market Sank BTC Price

    Who Wants Bitcoin For $680? A Sudden Flash Crash On Binance USDS Market Sank BTC Price

    DigiByte (DGB) Getting Delisted From Poloniex Just Hours After Bashing Tron On Twitter

    DigiByte (DGB) Getting Delisted From Poloniex Just Hours After Bashing Tron On Twitter

    Whale Alert: Bitcoin Worth $313 Million Was Sent from Bittrex Exchange to Unknown Wallet

    Whale Alert: Bitcoin Worth $313 Million Was Sent from Bittrex Exchange to Unknown Wallet

    Smart Contract Platform RSK Unveils $200k Developer Incentivization Program

    Smart Contract Platform RSK Unveils $200k Developer Incentivization Program

    Only In Crypto: Bitcoin Just Spiked 8% In 10 Minutes And Retraced

    Only In Crypto: Bitcoin Just Spiked 8% In 10 Minutes And Retraced

    Report: Number of Cryptocurrency Funds Decreases As Retail Investors Drive The Market

    Report: Number of Cryptocurrency Funds Decreases As Retail Investors Drive The Market

    $1.5 Million Worth Of Cryptocurrency Seized By Australia’s Border Force

    $1.5 Million Worth Of Cryptocurrency Seized By Australia’s Border Force

    Bitcoin Price Breaks Down Towards $7000: The Indicators Anticipating a Huge Move Coming-up

    Bitcoin Price Breaks Down Towards $7000: The Indicators Anticipating a Huge Move Coming-up

    John McAfee Kicks Off 2020 Presidential Campaign: Vows to Disrupt This System

    John McAfee Kicks Off 2020 Presidential Campaign: Vows to Disrupt This System

    Tezos Spikes 8% As Binance Announces Zero-Fee XTZ Staking

    Tezos Spikes 8% As Binance Announces Zero-Fee XTZ Staking

    Matic’s Private Altcoin Season: 160% Bi-Weekly Gains Following Promising News

    Matic’s Private Altcoin Season: 160% Bi-Weekly Gains Following Promising News


    Bitcoin Bitcoin Price Tether USDT

    About The Author

    Mandy Williams View more posts by this author

    Mandy Williams is a freelance writer and a crypto fanatic. She has over three years of writing experience in different niches, ranging from dating to tech. Mandy believes in the disrupting power of cryptocurrencies and blockchain technology; hence she's on a mission to help spread the good news about the crypto industry. She loves teaching and currently pursuing a career in marketing. Contact Mandy: Twitter

    Join Our Community

    • Facebook

    • Twitter

    • YouTube

    • Telegram


    CloudBet
    Bitcoin Editorials

     2 Years Since the Bitcoin Bubble: How Easy is it to Buy Cryptocurrencies Compared to 2017? 

     2 Years Since the Bitcoin Bubble: How Easy is it to Buy Cryptocurrencies Compared to 2017? 

    Nov 20, 2019

    How To Trade Cryptocurrency Derivatives On Delta Exchange: The Complete Guide & Review

    How To Trade Cryptocurrency Derivatives On Delta Exchange: The Complete Guide & Review

    Nov 18, 2019

    This Is Why Bitcoin Price Could Hit $55,000 Next Year: Crypto Zombie in Trader’s Digest

    This Is Why Bitcoin Price Could Hit $55,000 Next Year: Crypto Zombie in Trader’s Digest

    Nov 6, 2019

    Remember November: Bitcoin Price Tends To Go Crazy During Novembers, What To Expect On Nov-2019?

    Remember November: Bitcoin Price Tends To Go Crazy During Novembers, What To Expect On Nov-2019?

    Nov 4, 2019

    Become a CryptoPotato VIP

    Receive our market updates and crypto trading tips and news by email (We hate spam, and send max of 1 weekly mail):


    Recent Posts
    • Weekly Market Summary: Records Are Breaking As Bitcoin Stuck Above $7000

      Weekly Market Summary: Records Are Breaking As Bitcoin Stuck Above $7000

      Dec 6, 2019
    • Crypto Price Analysis & Overview December 6th: Bitcoin, Ethereum, Ripple, Raven, and Matic

      Crypto Price Analysis & Overview December 6th: Bitcoin, Ethereum, Ripple, Raven, and Matic

      Dec 6, 2019
    • Turn Of Events: General Manager of BIS Urges Central Banks To Embrace Digital Money

      Turn Of Events: General Manager of BIS Urges Central Banks To Embrace Digital Money

      Dec 6, 2019
    • Is Binance Bidding For Lichtenstein Union Bank? Binance CFO Denies

      Is Binance Bidding For Lichtenstein Union Bank? Binance CFO Denies

      Dec 6, 2019
    • HODLing Millennials: Bitcoin Trust (GBTC) Leading Schwab’s Generation-Y Retirement Equity Holdings

      HODLing Millennials: Bitcoin Trust (GBTC) Leading Schwab’s Generation-Y Retirement Equity Holdings

      Dec 6, 2019
    Become a CryptoPotato VIP
    Receive our special crypto tips and news by email: We hate spam, and send max of 1 weekly mail
    About
    Advertise on CryptoPotato
    About Us | Contact Us

    Scholarship
    Cannabis Stock News
    Stock Analysis & Overview
    Terms of service | Privacy Policy | GDPR
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright Cryptopotato Team 2016
    Scroll to top