Market Update: Top 5 Cryptocurrencies with the Largest Declines on December 7, 2025; Zcash Leads the Drop
Gate.io News Bot Message, December 7, 2025—According to CoinMarketCap market data, the overall cryptocurrency market is showing a correction trend, with most coins experiencing varying degrees of decline. Below are the top five coins with the largest declines in the past 24 hours:
1️⃣ ZEC (Zcash) 📉 Current price: $335.06 | Decline: -4.58% 📊 24H high/low: $356.32 / $329.74 | Market cap: $5,503,501,167 ⚠️ Zcash has recently been affected by the SEC roundtable meeting and privacy mode controversies, resulting in increased short-term price volatility.
2️⃣ MYX (MYX Finance) 📉 Current price: $2.90 | Decline: -4.13% 📊 24H high/low: $3.18 / $2.90 | Market cap: $729,636,250 ⚠️ MYX Finance experienced a technical correction after a strong recent rally but still maintains high market attention.
3️⃣ MORPHO (Morpho) 📉 Current price: $1.24 | Decline: -3.20% 📊 24H high/low: $1.29 / $1.24 | Market cap: $463,921,276 ⚠️ Morpho has been influenced by overall market sentiment, and the newly launched ETP product may trigger short-term volatility.
4️⃣ KAS (Kaspa) 📉 Current price: $0.51 | Decline: -2.78% 📊 24H high/low: $0.53 / $0.508 | Market cap: $1,384,777,502 ⚠️ Kaspa lacks major positive news support and has followed the market in a slight correction.
5️⃣ M (MemeCore) 📉 Current price: $1.29 | Decline: -2.76% 📊 24H high/low: $1.38 / $1.29 | Market cap: $1,343,203,412 ⚠️ As a new project, MemeCore is highly volatile, and investors should be wary of high risks.
📉 This round of market adjustment is mainly affected by global macroeconomic uncertainty and regulatory policy changes. Investors should closely monitor regulatory developments in various countries regarding cryptocurrencies, as well as the technical progress and ecosystem development of mainstream coins.
This message does not constitute investment advice. Please note the risks of market volatility when investing.
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Analysis: The crypto market correction may be influenced by traditional financial factors, not an industry crisis.
