This is What Is Happening in the Crypto Market Today! - CoinPedia

The cryptocurrency market has taken a slight step back after a brief upward sprint, with the total market cap now hovering around $3.6 trillion. Trade volumes have dropped by 5.86% to $203.43 billion, signaling a shift in market sentiment, as the Fear & Greed Index slid to 78, down from 81, though still in “Greed” territory.

Bitcoin Leads with ETF Inflows
$BTC price retraced to $99,972.22 after peaking at $102,524.91, with trading volumes plunging by 16.04% to $68.47 billion. However, optimism continues as Bitcoin ETFs posted a remarkable net inflow of $597.5 million. BlackRock’s “IBIT” dominated with $431.6 million, followed by Grayscale’s “BTC” at $110.8 million, extending a bullish 11-day streak for ETFs.

Altcoin Movers

The altcoin market showed mixed performance. Ethereum dipped slightly to $3,911.47, Solana dropped 2.50%, and $XRP fell 4.17%. Meanwhile, standout gainers included VIRTUAL (+12.88%), LDO (+8.80%), and CORE (+6.24%), while $MOVE , ALGO, and TAO dropped over 9%, reflecting the inherent volatility in smaller tokens.

Is $1,10,000 BTC Possible This Month?
As the Bitcoin ETF narrative heats up, questions around BTC’s ability to break $1,10,000 persist. Could December bring historic milestones? Stay tuned for insights on this evolving market!