Cryptocurrency Market Overview on December 25, 2024: Bitcoin Fails to Break $100,000 | FARTCOIN Peaks at 57%
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The excitement of the holiday season seems to have driven volatility in the cryptocurrency market. The industry market cap rose by 3.30% in the past 24 hours, reaching $3.43 trillion, although trading volume decreased by 14.55% to $134.08 billion. Currently, the Fear and Greed Index shows 'Greed' with a score of 62, an increase from the neutral sentiment of the previous day.
Did Bitcoin drop after breaking $99,000?
Bitcoin once again became the focus of the market, peaking at $99,404.06 within 24 hours. At the time of this publication, the price of BTC is $98,235.83, up 4.06% from the previous day. Despite a 24.2% decrease in trading volume, amounting to $44.31 billion, the market cap has still soared to $1.94 trillion.
Read our Bitcoin price prediction for 2025-2030 to learn about potential price targets for the future.
Altcoin Market: ETH, SOL, XRP Show Healthy Growth
Major altcoins performed well today, with Ethereum (ETH) up 2.27% at $3,489.73; Solana (SOL) up 4.05% at $199.17; and XRP up 1.94% at $2.30. These gains reflect the upward momentum in the market led by Bitcoin.
Want to know if ETH will reach $5,000 in 2025? Check out our Ethereum price prediction for 2025-2030.
Biggest Gainers Today
FARTCOIN: Outstanding performance, surging 57.04% to $1.16. GAIN: Up 19.34% at $1.03. BGB: Up 15.83% at $5.27.
Biggest Losers
Virtual: Down 4.13% at $3.01. FTM: Down 2.73% at $1.00. XDC: Down 2.71% at $0.08206.
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