Cryptocurrencies end 2018 on mixed note


While November was a terrible month for cryptocurrencies, December saw some of the digital currencies locking gains while others incurring lower losses.

The crypto market wiped more than $9 billion of its market capitalization in December, as it slipped from $136 billion on Dec.1 to $127 billion on Dec. 31. However, November remained the worst month for virtual currencies.

Two from the top 10 cryptocurrencies recorded double-digit losses last month, where Stellar (XLM) and Bitcoin Cash (BCH) fell 31.07% and 14.36% respectively.

Cryptocurrencies have resumed their bearish direction since hitting record highs at the end of 2017. The Bitcoin sagged 8.44 percent last month, losing nearly 73 percent over the course of 2018.

Tron (TRX) and Ethereum (ETH) augmented 29.37% and 15.45% respectively, emerging as the top winners last month.

Meanwhile, the Bitcoin is trading 2.08% up at $3,845.18, while Ethereum jumped 9.58% to $149.29.

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