Today's cryptocurrency market is experiencing constant fluctuations, with mixed results! Bitcoin (BTC) is currently trading below $94,000, having experienced a week of declines since its historical high of $108,000, and market sentiment is clearly low. However, don't worry, look at those major altcoins! Ethereum (ETH), XRP, and Solana (SOL) have all increased by 3% to 5% in the past 24 hours, seemingly showing signs of recovery.
Even more exciting, Virtual Protocol (VIRTUAL) has become today's dark horse, soaring 35% within 24 hours! Zcash (ZEC) is also performing well, with an increase of 20%. The total market cap of the cryptocurrency market has risen by about 2%, currently reaching $3.32 trillion, and trading volume has also increased by 20%, climbing to $170 billion.
However, the market is changing rapidly. The IRS announced a decision that cryptocurrency staking rewards need to be taxed, which is currently facing legal challenges and has sparked widespread discussion.
1. Today's Bitcoin Price
Bitcoin (BTC) price is trading at $94,340, with a 24-hour low of $92,526 and a high of $96,545. Its market cap is $1.86 trillion, and trading volume is $62 billion. Bitcoin's market share has dropped to 56.52%, slightly lower than yesterday.
According to data from SoSo Value, BTC ETF experienced an outflow of $276 million. BlackRock has seen an outflow of $72 million for a long time. Ark & 21Shares had the largest outflow at $87 million, followed by Fidelity ($71 million) and Grayscale ($57 million).
2. Today's Ethereum Price
Ethereum (ETH) price is trading at $3,421, having risen 4% in the past 24 hours. Its 24-hour low and high are $3,263 and $3,466, respectively. Market cap is $407 billion, trading volume is $32 billion, and market share is 12.35%.
BlackRock leads the decline, with an outflow of $103 million, while Grayscale and Fidelity increased their ETF holdings by approximately $15 million and $12 million on Monday, respectively.
3. Today's XRP Price
XRP price is trading at $2.24, reflecting a 4% increase in the past 24 hours. Its 24-hour low and high are $2.141 and $2.271, respectively.
XRP has a market cap of $127 billion, trading volume of $8.99 billion, and remains the fourth largest cryptocurrency by market cap.
4. Today's Solana Price
Solana (SOL) price increased by 5%, trading at $191. Its 24-hour low and high were $179 and $193, respectively.
With a market cap of $90 billion and a trading volume of $4.63 billion, Solana has shown resilience in the market.
5. Today's Meme Crypto Prices
Today, the meme coin market has seen a long-awaited recovery! Dogecoin (DOGE) surged about 4%, currently trading at $0.3195, while Shiba Inu (SHIB) also performed well, with a 4% increase, currently trading at $0.00002219.
Moreover, other popular meme coins like BONK, PEPE, and WIF have also risen in the past 24 hours, with gains ranging from 2% to 4%, creating a vibrant market atmosphere! Especially BONK, which has recently announced plans to burn 1 trillion tokens during Christmas celebrations, with the founder setting a target price of $0.11, clearly bringing new expectations to the crypto space.
Today's cryptocurrency with the highest price increase
1.VIRTUAL
The price of VIRTUAL has surged 35% in the past 24 hours and is currently trading at $3. Its market cap is $3.08 billion, with a trading volume of $368 million.
2.ZEC
ZEC price is $64.96, reflecting a 20% increase in the past 24 hours. Market cap is $1 billion, with a trading volume of $18 million.
3.AAVE
AAVE price increased by 19%, ranking third in today's gains. It is currently trading at $377, with a market cap of $5.68 billion and a trading volume of $1.53 billion.
Today's largest cryptocurrency price drop
1.BTT
BTT price is the worst-performing currency today, having dropped 2% in the past 24 hours. The trading volume in the past 24 hours was $45 million.
In addition, the hourly chart shows positive momentum, with Bitcoin (BTC), Ethereum (ETH), and major altcoins all in the green.
Hyperliquid (HYPE) has risen 5% in the past hour.