Cryptocurrency prices saw volatility in BTC today, with Pudgy Penguins surging 550% and Bitget Token gaining 17% after receiving approval for a license in El Salvador.
Cryptocurrency prices saw significant volatility today, with Bitcoin (BTC) hitting a new all-time high of $108,000 before retreating to below $106,000, showing the wild volatility of recent trading. Meanwhile, Pudgy Penguins (PENGU), a token that launched just yesterday, surged 550% in 24 hours to join the top 100 cryptocurrencies by market cap. Bitget Token (BGB) also experienced strong gains, rising 17% despite a broader market decline. Overall market cap fell about 1% to $3.71 trillion, with trading volume falling 8.6% to $185 billion. The Fear & Greed Index showed extreme greed with a reading of 80. So, let's take a closer look at some of the leading cryptocurrencies by market cap and their price action on December 18. Cryptocurrency Prices Today: Markets See Turbulence But Some Altcoins Soar Crypto markets had mixed reactions, with Bitcoin and Ethereum falling between 1% and 3%. However, U.S. projects such as XRP, Stellar (XLM), and Hedera (HBAR) have surged between 3% and 6% in the past 24 hours, reflecting that some altcoins are maintaining positive momentum despite the broader market decline.
Bitcoin price today
Bitcoin (BTC) price fell 1% and was trading at $104,424. Its 24-hour minimum and maximum prices were $105,004 and $108,269, respectively. The market capitalization was $2.09 trillion and the trading volume was $70 billion. Its market share was 56.63%.
According to SoSo Value, BTC ETFs saw outflows of 247 million BTC on Tuesday, led by Fidelity with 128 million BTC outflows. Grayscale’s GBTC recorded 84 million BTC outflows, while BlackRock’s data is still to be released.
Ethereum price today
Ethereum (ETH) is trading at $3,844 today, down 4% in the past 24 hours. Its 24-hour low and high prices are $3,836 and $4,040, respectively. The market capitalization is $466 billion, with a trading volume of $35 billion. The market share is 12.67%.
The inflow of ETH ETF is about 10 million, of which Grayscale has an inflow of 4.45 million and Fidelity has an inflow of about 4 million. BlackRock's data is still worth looking forward to.
XRP Price Today
XRP price has increased by 3% in the past 24 hours and is trading at $2.50. Its 24-hour low and high prices are $2.463 and $2.717 respectively. At today's cryptocurrency prices, XRP has a market cap of $146 billion and a trading volume of $17 billion, making it the third largest cryptocurrency by market cap. In addition, Ripple's stablecoin RLUSD went live yesterday, marking Ripple's entry into the stablecoin market.
Solana Price Today
Solana (SOL) price has increased by 2% in the past 24 hours and is trading at $216. Its 24-hour low and high prices are $213 and $228 respectively. Its market capitalization is $104 billion, with a trading volume of $6 billion and a market share of 2.85%.
Meme Crypto Price Today
Memecoins are showing a bearish reaction in the market. Dogecoin (DOGE) is down about 3% and is currently trading at $0.39. Shiba Inu (SHIB) is also down 4% and is currently trading at $0.00002609. Other prominent memecoins such as PEPE, BONK, and WIF are down between 2% and 6%. These moves are reflective of the trend in cryptocurrency prices today as the memecoin market faces a correction amid broader market volatility.
Today's Top Crypto Stock Prices
Chubby Penguin
Pudgy Penguins (PENGU) has become the biggest gainer today, surging 550% in the past 24 hours. After Binance listed the coin yesterday, its price has soared. Currently, PENGU is trading at $0.03, with a 24-hour low of $0.02 and a high of $0.06.
Bitget Token
Bitget Token (BGB) continues its strong performance and is the top gainer for the second day in a row. Today, it is up 17% and is currently trading at $4.18. Its 24-hour minimum and maximum prices ranged between $3.56 and $4.23. The price increase is attributed to the fact that Bitget, a leading cryptocurrency exchange, received a license to operate as a Bitcoin Service Provider from the Central Bank of El Salvador.
Litecoin
Litecoin (LTC) has gained about 7% in the past 24 hours and is currently trading at $123. Its 24-hour low and high were $114 and $129, respectively. The price increase is mainly attributed to Bloomberg analysts predicting that a Litecoin ETF may be launched earlier than Solana and XRP. As can be seen from today's cryptocurrency prices, Litecoin's growth is eye-catching amidst the broader market trends.
Cryptocurrencies with the biggest price drops today
Lido Road
Lido DAO (LDO) price fell 9% and is currently trading at $2.05. Its 24-hour low and high were $2.05 and $2.31 respectively, making it the worst performing coin today. Among the cryptocurrency prices today, Lido DAO's decline stands out from other market movements.
Aptos
Aptos (APT) price fell 8% and is currently trading at $12.75. Its 24-hour low and high were $12.72 and $14.36 respectively. In today's cryptocurrency prices, Aptos has seen a significant drop compared to other assets.
phantom
Fantom (FTM) fell 7% and is trading at $1.28. Its 24-hour low and high prices are $1.297 and $1.43 respectively. The market cap is $3.67 billion and the 24-hour trading volume is $475 million. Today's cryptocurrency prices reflect a slight drop for Fantom.
Furthermore, the hourly chart shows a bearish trend, with Bitcoin falling by half a percent and major altcoins such as XRP, Solana (SOL), and Binance Coin (BNB) falling by about 1% in the past hour. This indicates that there is short-term selling pressure across the market.
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