Highlights:
Bitcoin has recently been fluctuating between $93,000 and $99,000, and has been relatively stable over the past 10 days.
XRP has performed very well recently, with an increase of 18%, making it the leader among the top ten tokens.
Hedera (HBAR) had an impressive gain, surging 58%, while Ondo (ONDO) also performed well, rising 36% in the past 24 hours.
Today (December 3), the cryptocurrency market remains bullish overall, with Bitcoin still consolidating between $93,000 and $99,000. XRP is the strongest performer among the top ten currencies, up 18% in 24 hours. Meanwhile, Hedera (HBAR) and Ondo (ONDO) also performed well, with the former up 58% and the latter up 36%.
The 24-hour trading volume reached $284 billion, increasing by 65%, indicating active market trading activity. However, the global cryptocurrency market capitalization has slightly decreased by 0.4% compared to yesterday, currently at $3.47 trillion.
It is worth mentioning that the inflow of funds into the crypto market in November reached a new high, increasing by about $1 trillion, indicating that investor confidence is recovering. Next, we will analyze the price trends and market trends of major cryptocurrencies on December 3.
Today's cryptocurrency prices: BTC stable, ETH and SOL slightly down, XRP strong up 18%
Bitcoin (BTC) continues to remain stable, consolidating within a narrow range without much volatility. However, Ethereum (ETH) and Solana (SOL) have seen slight declines, down 2% in the past 24 hours. In contrast, XRP continues to soar, rising 18%, maintaining its position as one of the best-performing assets in the market.
Bitcoin Today's Price
The price of Bitcoin remains around $96,000, down 2% in the past 24 hours. The 24-hour low is $94,482, and the high is $97,741. The current market capitalization of Bitcoin is $1.9 trillion, with a trading volume of $72 billion, accounting for 54.65% of the market.
According to data from Sosovalue, the inflow of funds into Bitcoin ETFs is $15.33 million, indicating that investors still maintain interest in Bitcoin. Although BlackRock's related data has not yet been released, Fidelity Investments has recorded an inflow of $25 million. Meanwhile, Grayscale is facing significant outflows, totaling $28 million, reflecting some investors' cautious sentiment.
In addition, the U.S. government recently transferred a batch of Bitcoin worth $1.9 billion, which has sparked global discussions on how to manage cryptocurrencies.
Ethereum Today's Price
The trading price of Ethereum is $3,641, down 3% in the past 24 hours. Its 24-hour low is $3,557, and the high is $3,710. Ethereum's market capitalization is $438 billion, with a trading volume of $46 billion, maintaining its position as the second-largest by market cap, with a market share of 12.61%.
According to Sosovalue statistics, ETH saw an outflow of $32 million on Monday, with Grayscale's outflow alone reaching $44 million. BlackRock's data has yet to be released, but Fidelity Investments reports an inflow of $19.9 million. In the past two weeks, ETH's inflow has been significant, totaling $634 million, reflecting a sustained interest from institutions in Ethereum.
XRP Today's Price
The trading price of XRP is $2.72, significantly up 18% in the past 24 hours. The lowest and highest prices of XRP are $2.24 and $2.84, respectively, showing strong price volatility. The market capitalization of XRP has reached $155 billion, surpassing Solana and USDT, ranking third.
XRP's 24-hour trading volume is $46 billion, accounting for a dominant 4.47% of the market. Additionally, Ripple Labs is accelerating the testing of its stablecoin RLUSD, recently minting nearly 10 million RLUSD tokens. Regulators in New York are expected to approve the release of this stablecoin soon.
Solana Today's Price
The current price of Solana (SOL) is $227, down 3% in the past 24 hours. Its market capitalization has dropped to fifth place, with a 24-hour low of $220 and a high of $230.
Despite the decline, Solana still maintains a strong market momentum, currently with a market capitalization of $108 billion and a 24-hour trading volume of $7 billion, indicating active investor engagement. It is noteworthy that Coinbase announced it will include the Solana-based meme coin Moo Deng in its listing roadmap, and the news caused Solana's price to rise significantly.
Meme Cryptocurrency Today's Price
In today's market, meme coins are showing relatively weak performance, with Dogecoin (DOGE) and Shiba Inu (SHIB) declining by 6% and 7% respectively in the past 24 hours. The current price of Dogecoin is $0.42, with a low of $0.40 and a high of $0.45. Shiba Inu's price is $0.0000294, showing a slight decline.
Other well-known meme coins, such as PEPE, BONK, and WIF, have also generally decreased, with declines between 6% and 8%. Overall, the meme coin sector is showing a downward trend in the broader market environment.
Today's Cryptocurrency with the Highest Price Increase
Hedera (HBAR)
Hedera (HBAR) has once again become the cryptocurrency with the largest increase today, rising by 58% in the past 24 hours. The current trading price of HBAR is $0.377, with a 24-hour low of $0.2325 and a high of $0.3851. This astonishing increase has attracted widespread attention, making Hedera one of the most eye-catching crypto assets in the market.
Ondo (ONDO)
Ondo (ONDO) also performed well, with a price increase of 36% in the past 24 hours. The current trading price of ONDO is $1.73, with a 24-hour low of $1.154 and a high of $1.784. ONDO's market capitalization has reached $2.39 billion, with a 24-hour trading volume of $693 million, demonstrating strong market demand and investor interest.
Today's Cryptocurrency with the Largest Price Decrease
Raydium (RAY)
Raydium (RAY) is the cryptocurrency with the largest decrease today, down 8% in the past 24 hours. The current price of RAY is $4.87, with a 24-hour low of $4.76 and a high of $5.17. Raydium's market capitalization is $1.42 billion, with a 24-hour trading volume of $116 million, showing that the market is under some downward pressure.
Kaspa (KAS)
Kaspa (KAS) has also seen a decline, down 7% in the past 24 hours. The current price of KAS is $0.1565, with a 24-hour low of $0.1533 and a high of $0.1641. Kaspa's market capitalization is $3.96 billion, with a 24-hour trading volume of $280 million, showing a slight market correction.
Overall Market Trend: Today's cryptocurrency prices show a generally positive trend, with many major coins' hourly charts indicating an increase. The bullish momentum in the market may suggest that some top cryptocurrencies are about to experience a potential recovery or consolidation, as market sentiment seems to be shifting towards a more optimistic direction.