Highlights:
Bitcoin has risen steadily, breaking the $99,000 mark, recovering from a previous low of $92,000.
Major altcoins have also performed well, with the Bitget exchange token (BGB) surging 26% in the past 24 hours, reaching a new high.
While meme coins saw an overall decline, the consumption rate of Shiba Inu surged nearly 100%.
Today's cryptocurrency market shows a clear bullish trend, with Bitcoin (BTC) successfully breaking the $99,000 mark, rebounding from a previous low of $92,000.
Major altcoins also performed strongly. The Bitget exchange token (BGB) had the largest increase in the past 24 hours, reaching 18%. Over the past week, BGB has risen 48%, outperforming other altcoins that struggled during the same period.
Additionally, Movement (MOVE) has also performed well, with a price increase of 15%. The global cryptocurrency market cap has grown by about 1%, reaching $3.43 trillion, but the overall trading volume has decreased by 11%, dropping to $11.7 billion, mainly due to the impact of the Christmas holiday.
With Trump's presidential inauguration approaching, the market expects more activity next week. Currently, the fear and greed index is at 63, indicating that the market remains in a state of greed. Next, we will review the leading cryptocurrencies that have performed outstandingly in terms of market cap and price trends.
Today's cryptocurrency prices: BTC rises, XRP, ETH, and SOL perform strongly
Today's cryptocurrency market shows a strong bullish trend, with Bitcoin (BTC) holding around $99,000, while Ethereum (ETH) and XRP are also steadily rising. Solana (SOL) has rebounded after a recent pullback. This series of movements indicates that investor confidence in major cryptocurrencies is recovering.
Today's Bitcoin price
Bitcoin (BTC) is currently trading at $99,123, rising about 1% in the past 24 hours. Its 24-hour low and high were $97,681 and $99,974, respectively. BTC's market cap is $1.96 trillion, and the trading volume has dropped to $35 billion due to holiday effects. Bitcoin's market dominance has increased to 57.04%. Additionally, Russia continues to use Bitcoin and other digital currencies for international trade to cope with the pressures of Western sanctions.
Today's Ethereum price
Ethereum (ETH) is currently priced at $3,462, rising about 0.5% in the past 24 hours. Its low and high prices were $3,442 and $3,545, respectively. ETH's market cap has reached $417 billion, with a trading volume of $18 billion. Sonic Chain recently expanded its influence by introducing a new bridge connecting to the Ethereum ecosystem and strengthening its cooperation with Fantom (FTM).
Today's XRP price
XRP is currently trading at $2.274, with a 24-hour low of $2.265 and a high of $2.329. XRP's market cap is $130 billion, with a trading volume of $4 billion. Cryptocurrency analysts predict that XRP may break its all-time high of $3.775 in the short term.
Today's Solana price
Solana (SOL) is trading at $198, with a 24-hour low of $195 and a high of $201. SOL's market cap is $94 billion, with a trading volume of $2.5 billion.
SOL's outlook appears very strong, with recent experts predicting its price could soar to $330, thanks to expectations of Solana receiving ETF approval and other positive market factors.
Today's Meme Crypto price
Today's meme cryptocurrency performance is relatively weak, with top meme coins generally declining. Dogecoin (DOGE) is down 1%, trading at $0.33; Shiba Inu (SHIB) is down 3%, trading at $0.00002256. Despite the overall decline, the meme coin community still maintains some optimism.
In particular, the consumption rate of Shiba Inu surged nearly 100% in the past 24 hours, which has left its supporters optimistic about the possibility of a rebound. The increase in consumption rate is seen as a positive development for the Shiba Inu community, spurring speculation of a rebound in the market.
Other meme coins like BONK, PEPE, and WIF have also experienced declines, with 24-hour drops ranging from 4% to 6%. Nevertheless, recent developments from Shiba Inu have injected some excitement into the meme coin space.
Today's cryptocurrency with the highest gains
Bitget Token (BGB)
BGB set a new all-time high today, rising 26% in the past 24 hours, with a current trading price of $6.291. Its 24-hour low was $4.87, and the high was $6.30. BGB's market cap has reached $8.8 billion, with a trading volume of $800 million. In the past month, this token has risen 300%, and in the past quarter, it has increased by 500%. BGB's strong performance continues to attract market attention and fuels optimism in the crypto space.
Movement (MOVE)
MOVE has also performed well, rising 15% in the past 24 hours, with a current trading price of $1.156. Its low was $0.99 and high was $1.21. MOVE's market cap is $2.61 billion, continuing to maintain positive momentum in the market.
GateToken (GT)
GT's price rose 10%, currently trading at $15.32. The 24-hour low was $13.85, and the high was $15.42. GT's market cap is $1.36 billion, making it one of the top 100 tokens by market cap, showing strong market performance.
Today's largest cryptocurrency losers
Hyperliquid (HYPE)
HYPE's price has dropped 11%, currently trading at $26.30. Its 24-hour low was $25.64, and the high was $30.46. Despite the drop, HYPE's market cap remains at $7.17 billion, continuing to hold a significant position in the market.
Helium (HNT)
HNT's price has dropped 9%, currently trading at $7. The 24-hour low was $6.90, and the high was $7.64. HNT's market cap is $1.23 billion, facing challenges in the market.
FARTCOIN
FARTCOIN's price has dropped 7%, currently trading at $1.112. The 24-hour low was $1.112, and the high was $1.288. Despite the decline, FARTCOIN saw the largest increase yesterday, soaring 70%.
Overall market conditions
Although some tokens have declined, the overall cryptocurrency market is still rising, with Bitcoin (BTC), Ethereum (ETH), and major altcoins continuing to maintain upward momentum. Traders expect a market rebound after Christmas as the end-of-year cryptocurrency options expire.