Today, the cryptocurrency market experienced intense fluctuations again, with global traders and investors rushing into the speculative wave! Bitcoin (BTC) price fell back to $96,000, followed by Ethereum (ETH), Solana (SOL), and XRP also unfortunately following suit, prices dropping by 2%-4%. However, don't rush!
At the same time, the global cryptocurrency market capitalization shrank nearly 2.5% in the past day, now down to $3.34 trillion. But don't be discouraged, the market trading volume has risen against the trend, with a total trading volume increase of 5% yesterday, reaching $123.46 billion. This contrast makes one ponder: what changes is the market brewing?
Next, we will analyze the top tokens and their price trends on December 27, revealing potential hidden investment opportunities! Come and follow, don't miss this grand cryptocurrency feast!
1. Bitcoin (BTC) today's price
BTC's price has dropped by 2.5% in the past 24 hours, currently trading at $96,218. Bitcoin's market dominance today reached 57.05%, indicating that the flagship cryptocurrency occupies a dominant position in the market.
CoinGape reported that the American energy management company KULR recently purchased $21 million worth of BTC. The cryptocurrency is expected to pull back to $80,000.
2. Ethereum (ETH) today's price
On the other hand, ETH's price dropped nearly 2% during the session, currently at $3,370, with Ethereum's decline trend consistent with the overall market trend.
ETH's futures OI rose slightly by 1% to $23.47 billion. In addition, derivative trading volume surged by 29% to $35.69 billion.
3. Solana (SOL) today's price
SOL's price has dropped nearly 3% in the past 24 hours, currently trading at $188. Solana's futures OI decreased by 3%, while derivative trading volume surged by 24%.
A report from CoinGape indicates that Solana could reach between $400 and $500 in this cycle.
4. XRP today's price
As of the time of writing, XRP's price has dropped nearly 3.5%, currently trading at $2.15. Despite the strong optimism within the Ripple community propelled by favorable legal developments and strong market technicals, the token is still under pressure.
A recent report from CoinGape emphasized that XRP's target price is $27.
5. Today's Meme Crypto prices
Recently, the cryptocurrency market has undergone a correction, with Dogecoin's price dropping slightly by 3%, currently at $0.3156. Meanwhile, Shiba Inu's performance is similarly poor, with a decline of 2%, currently priced at $0.00002182.
Moreover, popular coins such as PEPE, BONK, and PENGU have also failed to escape the fate of decline, with intraday volatility ranging from 1% to 13%, seemingly closely related to the overall market trend.
This volatility not only makes investors anxious but also prompts us to rethink the market characteristics of cryptocurrencies. Although volatility has become the norm, how to seize the opportunity and make wise investment decisions remains a challenge for every investor.
Everyone can closely follow industry trends, flexibly adjust strategies, and strive to find their own opportunities amidst the changes.
Today's cryptocurrency with the highest price increase
2. FTX Token (FTT)
FTT's price surged by 8% in the past day, currently at $3.80. Its intraday low and high prices were $3.33 and $4.10, respectively.
3. GateToken (GT)
GT's stock price rose 5% during the session, currently trading at $15.95. Its 24-hour low and high prices were $14.79 and $17.67, respectively.
Today's cryptocurrency with the largest price drop
1. MOVE
MOVE's price has dropped by 8% in the past day, currently trading at $1.04. Its 24-hour low and high prices were $1 and $1.20, respectively.
2. HBAR
HBAR's price has dropped by 8% in the past 24 hours, currently trading at $0.286. The intraday low and high prices were $0.2805 and $0.3094, respectively.
3.FTM
FTM's price has dropped by 7% in the past day, currently trading at $0.88. Its 24-hour low and high prices were $0.86 and $0.95, respectively.
