- The global crypto market has seen a negative trend as it shed 1.93% in 24 hours.
- The performance of Bitcoin shows lows as it shed 1.37% over the last day.
- The value of Ethereum has also lowered as it receded 3.04% in a day.
- Filecoin and ApeCoin are both bearish as they shed 4.61% and 6.55%, respectively.
The global crypto market has witnessed a continuous negative change in performance. If the market continues to recede, the impacts will reach both investors and major companies. There is hope for improvement in the current situation.
A recent CNBC survey shows that just 8% of Americans have a positive view of crypto. CNBC’s All America Economic Survey was conducted in the closing days of November, a couple of weeks later to the collapse of crypto exchange FTX. There has been a significant decline in the supporters of crypto as the number fell from 19% in March to a mere 8%. The survey was conducted between 26 and 30 November.
Even though the survey had a big name, it included just 800 respondents from across the US. Furthermore, the margin error in the survey was about +/- 3.5%. The survey was published on 7 December, adding that the number of haters of the crypto market has grown. The available information shows that crypto haters grew to 43% in November from 25% in March.
Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Ethereum, and others.