Tuesday December. 3 — Most cryptocurrencies proceed trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days.

Cryptocurrency marketplace daily overview. Source: Coin360

Bitcoin started the day at $7,344, at which point the world'southward largest crypto coin plant an intra-twenty-four hour period low of $7,230 before moving up once again to the verbal aforementioned trading price near $seven,340. After a sluggish 24 hours, BTC is showing a gain of 0.5% for the day.

Bitcoin daily price chart. Source: Coin360

Bears target BTC at $5,000

Cointelegraph correspondent Benjamin Pirus wrote that subsequently BTC's corrective bounce upward to $7,875 terminal calendar week, Bitcoin was unable to shake its larger downtrend. Instead, it headed back down to the $7,300 trading region. Pirus added that BTC could ultimately drib to a trading cost near the $5,000 cost marking, as its charts look generally bearish at present.

Meanwhile, Ether (ETH) continues to trade in sync with Bitcoin. The peak altcoin bounced off its daily low of $146 earlier moving up to its current trading toll of around $149 per coin. Ether is showing a neglectable loss of effectually 0.5% at press time.

Ether vii-twenty-four hours price chart. Source: Coin360

XRP, the tertiary-largest money past market capitalization, is also post-obit today'south trend and currently sits at $0.220 to bear witness a small loss of around 0.iii% for the day.

Cointelegraph contributor Michaël van de Poppe recently explained that XRP's downtrend is quite clear, as the controversial altcoin has continued to autumn since its superlative in Jan 2022. XRP has not been able to shake its downward beliefs e'er since. However, on the bullish side, van de Poppe did add together that XRP could exist on the verge of a rally.

XRP 7-twenty-four hour period price chart. Source: Coin360

Top 20 coins mostly trade flat

According to information from Coin360, most of the meridian 20 coins are trading within a 1% gain or loss, with Tezos (XTZ) being an exception, showing a decent gain of iii.five% on the solar day. Conversely, Bitcoin SV (BSV) is seeing a loss on the solar day of almost four% at press fourth dimension.

The overall cryptocurrency market cap currently sits around $199.1 billion, with Bitcoin making up 66.6% of the total.

Go along track of height crypto markets in real fourth dimension hither