Market highlights November 26: Major cryptos lose 6-20% on news of new Covid variant

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Major cryptos were down implicit the past 24 hours, astir of them astatine slightest by 6%. The marketplace tumbled pursuing reports of a new, vaccine-resistant Covid-19 variant, and not lone the crypto market. The quality sent European, Asian and lipid markets tumbling too. 

Oil fell connected surplus concerns. It has mislaid much than 2.5% implicit the past 24 hours. Reports retired of India are that the state volition tighten crypto regulations arsenic opposed to an outright ban.

Top cryptos

Ethereum and BNB lost astir 7-8% each, while Solana was down astir 9.78%. Bitcoin lost 6.22% successful the past 24 hours and is trading astatine astir $54,500 astatine clip of writing. Ripple mislaid 9.15%. Avalanche is the biggest apical 20 victim, down a afloat 18.81%, yet inactive up of Shiba Inu by marketplace cap. Shiba Inu has mislaid astir 4% today.

Top movers

Decentraland’s MANA astatine #23 is down 13%. Cosmos and Fantom some mislaid 15%. Loopring is down 16%, reversing connected erstwhile gains. Enjin is besides among the metaverse coins that suffered, down astir 15%.

At the different end, Basic Attention Token (BAT) is up 25.55% successful the past 24 hours. Earlier this month, BAT gained 20% connected quality that Brave Browser would integrate the Solana (SOL) blockchain.

Livepeer, the archetypal unrecorded video streaming web protocol that is afloat decentralized. gained 15% successful the past 24 h. Ankr is simply a large winner, up astir 20%. It is simply a solution that utilizes shared resources successful bid to supply casual and affordable blockchain node hosting solutions. In the 4 years since its founding, it has built a marketplace for container-based unreality services done the usage of shared resources.

Trending

Safe Drive is up 2,506% today. It is simply a thrust token, a caller cryptocurrency based connected BNB astute chain. 4% of each transaction is ever distributed to each holders arsenic a reward. Thus, idiosyncratic wealthiness increases automatically with each acquisition oregon sale.

Request (REQ) is up 221% successful the past 24 hours. The Request Network itself is an Ethereum-based decentralized outgo strategy wherever anyone tin petition a outgo and person wealth done unafraid means. 

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