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Bitcoin, Ethereum, Filecoin, & ApeCoin Daily Crypto Price Analysis
The recent data for Bitcoin, Ethereum, and others show a continuous recession. The market has been facing its worst nightmare since the closing months of 2021. Since then, there have been major fluctuations in the value of the market, resulting in the collapse of major companies.
Himanshu S.
10:28 8th Dec, 2022
Markets
  • 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.



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