Bitcoin crossed $100,000, XDC gained 36%, while Solana fell 3% following the SEC rejection. Explore the latest crypto prices today.
Highlights
Bitcoin soared to $100,000, driving momentum in the crypto market today.XDC Network was the top gainer, rising by 36% in the last 24 hours.Solana dropped 3% after the SEC rejected its ETF filing.
Today, the cryptocurrency market was bullish, with Bitcoin (BTC) rising above $100,000 as crypto prices today reflected strong momentum. This came after a volatile phase where BTC fell to $92,000 following its all-time high.
Ripple’s XRP has gained 6% after three consecutive days of downward movement. Meanwhile, XDC Network has emerged as the top gainer, with an impressive 36% jump in its price.
The crypto market rose by over 2%, bringing its total market capitalization to $3.67 trillion. However, trading volume has decreased by 31%, standing at $250 billion.
Here is a quick overview of the top cryptocurrencies by market capitalization and their price movements for today, December 7.
Crypto Prices Today: BTC, ETH, SOL, and XRP
The crypto market is gaining momentum after Bitcoin surged back to $100,000. Major altcoins have shown positive movement in the last 24 hours, except for Solana, which is down by 3%. Top meme coins are also riding the bullish wave, recording gains between 1% and 4% during the same period. The market’s overall sentiment appears optimistic, with several cryptocurrencies experiencing upward trends.
Bitcoin Price Today
Bitcoin (BTC) price was trading at $100,101, marking a 3% increase in the last 24 hours. Its 24-hour low and high were $97,138 and $101,902, respectively. Bitcoin’s market capitalization stood at $1.98 trillion, with a trading volume of $86 billion and a market dominance of 53.87%.
As per SoSo Value, the Bitcoin spot ETF market had a total net inflow of $377 million on December 6, continuing a streak of net inflows for seven consecutive days. BlackRock’s ETF IBIT recorded a significant net inflow of $257 million per day, while Fidelity’s ETF FBTC maintained a steady net inflow of $120 million per day.
Additionally, the rising Bitcoin price has driven increased demand, creating pressure on mining activities. This surge has also led to heightened energy consumption from national grids to sustain mining operations.
Ethereum Price Today
ETH price was trading at $4,000, marking an approximate 4% increase at the time of writing. Its 24-hour low and high were $3,831 and $4,087, respectively. Ethereum’s market capitalization stood at $480 billion, with a trading volume of $50 billion. It remained the second-largest cryptocurrency, with a market dominance of 13.11%.
The Ethereum spot ETF had a total net inflow of $84 million on December 6. Fidelity’s ETF FETH recorded a net inflow of $48 million per day, while BlackRock’s ETF ETHA had a net inflow of $34 million per day.
In other important news, Galaxy Research addressed the growing debate within the Ethereum community on whether to increase or decrease the Ethereum gas limit. This discussion has been a focal point for many, with Galaxy Research offering valuable insights.
XRP Price Today
XRP price was trading at $2.428, with a 24-hour high of $2.497. It was up by 6% in the last 24 hours, making it one of the top gainers among the top 10 cryptocurrencies. XRP’s market capitalization stood at $139 billion, with a trading volume of $14 billion. It remained the third-largest cryptocurrency by market cap.
Moreover, crypto analyst Justin Bennett predicted that the XRP price could rally to $3 as a whale moved $47 million to the Bitstamp exchange. This development could signal potential upward momentum for XRP in the coming days.
Solana Price Today
Solana (SOL) price was trading at $235, down by 3% from the last 24 hours. Its 24-hour low and high were $231 and $242, respectively. Solana’s market capitalization stood at $111 billion, with a trading volume of $5.42 billion.
The price decline was attributed to the SEC’s rejection of Solana ETF filing. This news hurt the cryptocurrency, leading to its recent drop in value.
Meme Crypto Prices Today
The top meme coin Dogecoin (DOGE) price was slightly up from yesterday, trading at $0.434 with a 24-hour high of $0.44. Shiba Inu (SHIB) was also minimally up, trading at $0.0000307. Other meme coins like PEPE, WIF, and BONK were down by 1% to 3% in the last 24 hours. The overall sentiment in the meme coin market showed mixed performance, with some coins experiencing slight gains while others faced declines. Crypto prices today reflect the ongoing volatility in the meme coin market.
Top Crypto Gainer Prices Today
XDC Network
XDC price was the top gainer in the last 24 hours, with a 36% increase, trading at $0.1031. Its 24-hour low and high were $0.07522 and $0.1037, respectively. XDC’s market capitalization stood at $1.55 billion, reflecting significant growth during this period. Crypto prices today highlight XDC’s strong performance as it continues to attract attention in the market.
Mog Coin
MOG price was up by 24%, trading at $0.00000395. Its 24-hour high was $0.00000401 USDT. MOG’s market capitalization stood at $1.54 billion, reflecting a strong performance in the last 24 hours. The price jump is attributed to the announcement of upcoming listing plans on Coinbase, which has generated positive market sentiment.
Hedera
HBAR price was up by 19% at the time of writing, with a 24-hour low of $0.2767 and a high of $0.3741. Its market capitalization stood at $13 billion. Crypto prices today reflect HBAR’s strong performance, continuing to show significant gains in the market.
Top Crypto Loser Prices Today
Jupiter
Jupiter (JUP) price was the worst performer in the top 100 coins, down by 4% in the last 24 hours. It was trading at $1.33, with a 24-hour low of $1.30 and a high of $1.394.
Raydium
RAY price was down by 3%, trading at $4.85. Its 24-hour low and high were $4.801 and $5.096, respectively. Crypto prices today show a slight decline in RAY’s value during this period.
The hourly chart is showing a bearish trend in the 1-hour time frame, with Bitcoin down by 1%. Major altcoins are also following a similar pattern, reflecting a slight downturn across the market. Crypto prices today indicate a temporary decline as the market experiences short-term pressure.
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