Crypto prices are in a bearish trend today, with BTC falling below $96,000. Zerebro and Movement are up, while major altcoins are down.
Cryptocurrency prices are seeing bearish momentum today as Bitcoin (BTC) drops below $96,000. BTC and ETH ETFs also saw outflows after a long rally. Major altcoins such as Ethereum (ETH) and Solana (SOL) fell between 3% and 5%. Despite the low prices, Movement (MOVE) and ZEREBRO emerged as the top gainers, with MOVE up 30% and ZEREBRO up 56% in the past 24 hours.
The global cryptocurrency market has dropped about 2% to $3.34 trillion, with trading volume increasing by 3.42% to $280 billion. The Fear and Greed Index remains at 62, indicating ongoing greedy sentiment in the market.
Here is a brief overview of some major cryptocurrencies by market cap and their prices today (December 20).
Today's Cryptocurrency Prices: BTC falls below $98,000, ETH and SOL decline, XRP rises
Bitcoin (BTC) falls below $98,000, marking a bearish trend in the market. Ethereum (ETH) and Solana (SOL) also see declines, while XRP rises slightly. Analysts predict that BTC selling pressure will continue in the coming days due to profit-taking and market uncertainty.
Today's Bitcoin Price
Bitcoin (BTC) price trading at $97,395, having dropped 3% in the past 24 hours. Its 24-hour high and low prices are $102,849 and $95,671, respectively. BTC's market cap is $1.93 trillion, trading volume is $94 billion, with a market share of 57.17%.
According to SoSo Value, there has been a massive outflow of funds from BTC ETFs, with SoSo Value alone seeing an outflow of $671 million. Fidelity's outflow was $208 million, while Grayscale's outflow was $275 million. Ark and 21Shares reported a combined outflow of $108 million, while BlackRock's data is still pending.
Additionally, the U.S. Securities and Exchange Commission has approved Franklin Templeton and Hashdex cryptocurrency ETFs to trade on NASDAQ and the Chicago Options Exchange BZX. This approval is expected to strengthen the integration of Bitcoin and Ethereum into mainstream financial markets.
Ethereum Today's Price
Ethereum (ETH) price trading at $3,441, reflecting a 6% drop in the past 24 hours. Its 24-hour high and low prices are $3,721 and $3,334, respectively. Today's cryptocurrency prices show that ETH's market cap is $413 billion, with a trading volume of $57 billion.
The outflow from the ETH ETF reached $60 million, with Grayscale selling $61 million worth of ETFs on Thursday. Fidelity purchased $5 million worth of ETFs, which is relatively smaller, while BlackRock's ETF data is still pending. This aligns with the bearish trend in today's cryptocurrency prices.
In other developments, the cryptocurrency market has seen a massive liquidation of $1.19 billion. Bitcoin, Ethereum, and XRP lead the declines, highlighting the ongoing volatility of the cryptocurrency ecosystem.
Today's XRP Price
XRP price trading at $2.30, having increased by 1% in the past 24 hours. Its 24-hour high and low prices are $2.42 and $2.17, respectively. Today's cryptocurrency prices highlight XRP's market cap of $133 billion, with a trading volume of $21 billion, making it the fourth-largest cryptocurrency by market cap.
Additionally, the RLUSD stablecoin launched on December 17, leading to increased market activity. However, since its launch, XRP has experienced a sharp decline of over 15%. Despite a slight recovery in today's cryptocurrency prices, this highlights ongoing volatility.
Solana Today's Price
The price of Solana (SOL) is $194, having dropped 5% in the past 24 hours. Its 24-hour high and low prices are $212 and $188, respectively. Today's cryptocurrency prices indicate that SOL's market cap is $94 billion, with a trading volume of $7.55 billion.
In other news, Solana's meme coin Fartcoin has seen an impressive surge, rising 500% in just 11 days. Despite downward pressure on major cryptocurrencies like SOL, this astonishing rise highlights the growing interest in meme coins in the cryptocurrency market.
Today's Meme Crypto Prices
Meme cryptocurrencies have also shown bearish momentum, reflecting broader market trends. The top meme coin Dogecoin (DOGE) fell by 10%, trading at $0.32. Shiba Inu (SHIB) followed closely, dropping 8% to $0.00002232.
Other notable meme coins, including PEPE, BONK, and WIF, have experienced losses ranging from 3% to 9%. Today's cryptocurrency prices highlight the pressures faced by meme coins and major cryptocurrencies.
Today's Highest Gaining Cryptocurrency Prices
Zerebro
The price of Zerebro (ZEREBRO) soared by 56%, currently trading at $0.43. Its 24-hour low and high prices are $0.2654 and $0.4584, respectively. Today's cryptocurrency prices show that the market cap of ZEREBRO is $427 million, with a trading volume of $114 million, highlighting its strong performance over the past 24 hours.
Movement
Movement (MOVE) stock price increased by 30%, currently trading at $0.86, making it the second-largest stock gainer today. Its 24-hour low and high prices are $0.69 and $0.87, reflecting strong upward momentum over the past 24 hours.
Flare
The price of Flare (FLR) increased by 7%, currently trading at $0.028. Its market cap is $1.56 billion, with a trading volume of $26 million, reflecting a positive market trend.
Today's Largest Declining Cryptocurrency Prices
Pudgy Penguins
Pudgy Penguins (PENGU) became the worst-performing stock today, with a price drop of 14%. Its trading price is $0.028, with a 24-hour low of $0.026 and a high of $0.034. Despite the price drop, cryptocurrency analysts remain optimistic, predicting that PENGU may soon reach a market cap of $10 billion again.
Lido Road
Lido DAO (LDO) price dropped 12%, currently trading at $1.625. Its 24-hour low and high prices are $1.54 and $1.853, respectively, reflecting a significant drop over the past 24 hours. Today's cryptocurrency prices indicate that LDO is struggling under broader market pressure.
Ethena
Ethena (ENA) price dropped 11%, currently trading at $0.99. Its 24-hour low and high prices are $0.93 and $1.195, respectively. Today's cryptocurrency prices highlight ENA's market cap of $2.91 billion, with a trading volume of $1 billion.
Additionally, Ethena Labs announced a partnership with Donald Trump's World Liberty Financial, which may bring new developments for the project in the future.
In addition, the hourly chart also shows bearish momentum, with Bitcoin (BTC) dropping half a percentage point in the past hour. Major altcoins like Ethereum (ETH) and XRP have fallen by 1% in the past hour, reflecting the overall decline in today's cryptocurrency prices.
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