December 25 cryptocurrency prices: BTC up 4%, ETH and other altcoins soaring 2-5%, with Fartcoin and Pudgy Penguins (PENGU) leading the gains.
Today, cryptocurrency prices have generally risen, with the global cryptocurrency market capitalization increasing by 3.50% to $3.44 trillion. Due to the Christmas effect, total trading volume has decreased by 16% in the past 24 hours. Today's cryptocurrency fear and greed index remained stable at 73, indicating 'greed' sentiment.
Bitcoin (BTC) price has maintained above $98,000 after retreating from the $99,000 level today. With investors anticipating a Santa Claus rally, major altcoins like Ethereum (ETH), XRP, and Solana (SOL) show signs of recovery following profit-taking. Meme coins DOGE and SHIB have also surged by 3% and 4%, respectively, in the past 24 hours.
Meanwhile, Fartcoin, Pudgy Penguins (PENGU), and Movement (MOVE) are leading today, with FARTCOIN soaring over 70% in the past day. Here is an overview of leading cryptocurrencies based on market capitalization and price trends.
Today's cryptocurrency prices: BTC, ETH, XRP, and other altcoins rebound
The cryptocurrency market has seen moderate price increases today, with Bitcoin (BTC) and Ethereum (ETH) rebounding over 4% and 3%, respectively. This has fueled bullish sentiment, leading to a recovery in the market due to Santa Claus rally expectations.
Today's Bitcoin price
Bitcoin (BTC) price today reached a high of $99,404, currently trading above $98,214. BTC rebounded from a 24-hour low of $93,689, increasing by over 4%. Meanwhile, trading volume has decreased by 25% from yesterday's average of $70 billion to $44 billion. Bitcoin's market share rose to 56.71%, up 0.47% from the previous trading day.
According to data from SoSoValue, BTC ETF recorded a net outflow of $338.4 million on Tuesday. This marks the fourth consecutive outflow of funds for the spot Bitcoin ETF, leading to negative sentiment in the market. BlackRock's Bitcoin ETF (IBIT) recorded the largest outflow amounting to $188.7 million. Fidelity's FBTC outflow was $83.2 million, followed by ARKB with an outflow of $75 million.
Bitcoin has risen nearly 115% this year, but most mining stocks have performed poorly, with only 7 out of 25 listed companies reporting positive returns. CORZQ surged 327%, WULF rose 169%, BTDR increased by 167%, HUT went up 91%, IREN by 72%, NB2 by 58%, and CIFR by 33%. Conversely, ARB decreased by 84% and HIVE fell by 29%. Meanwhile, Russia has banned cryptocurrency mining in six regions until 2031, raising concerns.
Ethereum's price today
Ethereum (ETH) price increased by 3%, currently trading at $3,496. The 24-hour low and high were $3,381 and $3,535, respectively. However, trading volume has decreased by 28% over the past 24 hours, indicating a decline in trader interest.
While the spot Bitcoin ETF has underperformed, the spot ETH ETF recorded inflows for the second consecutive time on Tuesday. According to Farside data, the net inflow was $53.6 million, with BlackRock's iShares Ethereum ETF (ETHA) accounting for $43.9 million of that.
Ethereum developers view the Fusaka upgrade as the next significant upgrade following Pectra. These enhancements will help Ethereum and its associated layer 2 solutions maintain their growth momentum in decentralized finance (DeFi).
XRP price today
XRP price is currently $2.30, having increased by 2% in the past 24 hours. The 24-hour low and high were $2.22 and $2.35, respectively. The market capitalization is $131.63 billion, with today's trading volume at $5.74 billion. Despite a 29% decrease in trading volume, the cryptocurrency price still shows upward momentum today.
Analysts predict a potential 60% increase in the coming days. Ripple's RLUSD stablecoin has been listed on major exchanges like Bullish and Singapore Independent Reserve.
Solana price today
The price of Solana (SOL) has risen by 4% in the past 24 hours, currently priced at $199.58. SOL needs to break through the psychological barrier of $200 to continue rising. The intraday low and high were $189 and $201.63, respectively, with trading volume decreasing by 15% in the past 24 hours.
Binance and founder Changpeng “CZ” Zhao argue that the U.S. Securities and Exchange Commission has failed to support multiple allegations, and the court must dismiss the lawsuit. This includes allegations against the SEC claiming that tokens like Solana (SOL) listed on the exchange are securities.
Meme cryptocurrency prices today
Today, meme coins are also showing signs of recovery. Dogecoin (DOGE) rose over 3%, trading at $0.333, while Shiba Inu (SHIB) increased by 4%, currently trading at $0.0000234. Other top meme coins like Pepe Coin, Bonk, Floki, and WIF have also risen by 2%-4% in the past 24 hours.
Today’s cryptocurrency price with the largest increase
Fartcoin leads today's cryptocurrency market
The price of FARTCOIN has increased by over 70% in the past 24 hours, currently trading at $1.20. Rising from a 24-hour low of $0.738, it reached a high of $1.29. Market capitalization surged 65% in the past 24 hours to $1.19 billion, with trading volume increasing by 30%.
Pudgy Penguins
The price of PENGU has increased nearly 20% in the past 24 hours, currently trading at $0.036. The trading volume in the past 24 hours has grown by 183%, reaching a peak of $0.03527 during that period. The Pudgy Penguins (PENGU) token surged significantly after being listed on South Korea's leading cryptocurrency exchange, Bithumb.
Mobile
MOVE has risen 18% in the past 24 hours, currently trading at $1.02. The 24-hour low and high were $0.8169 and $1.14, respectively. Additionally, trading volume has increased by 101% in the past 24 hours, indicating a rise in trader interest.
Today, the country with the largest decline in cryptocurrency prices
Virtual Protocol
The price of VIRTUAL has decreased by 4% in the past 24 hours, currently trading at $3. Today's cryptocurrency prices show that the 24-hour low and high were $2.91 and $3.22, respectively. Market capitalization has fallen to $3 billion, with trading volume down 20% to $304 million.
XDC Network
XDC price has decreased by 3% in the past 24 hours, currently priced at $0.08206. Today's cryptocurrency prices show that the 24-hour low and high were $0.0813 and $0.08531, respectively.
Additionally, the cryptocurrency market has continued its upward momentum over the past few hours, with Bitcoin (BTC), Ethereum (ETH), and major altcoins showing further positive signs of increase. Traders expect a rebound after Christmas as year-end cryptocurrency options expire.