Today's cryptocurrency prices show Bitcoin falling below $97,000, Ethereum and major altcoins declining, while Bitget Token rises by 6%.
Today's Cryptocurrency Prices: On Wednesday, the cryptocurrency market experienced a massacre, with Bitcoin (BTC) falling below the 97K level, dropping significantly from $102K to $97K. Today's cryptocurrency price plunge is attributed to a significant rise in U.S. Treasury yields over the past decade. Additionally, the Institute for Supply Management (ISM) released a report showing that the private sector Purchasing Managers' Index (PMI) for December reached 54.1, up from 52.1 in November, exacerbating market volatility. Major altcoins also saw significant declines, most falling by 5% to 10% over the past 24 hours. Meme coins faced similar pressure, with Dogecoin (DOGE) and Shiba Inu (SHIB) dropping by 8% to 10% during the same period. The global cryptocurrency market fell by about 6%, with a current market cap of $3.38 trillion. However, due to investor reactions to the market slump, trading volume surged by 27% to $162 billion.
Today's Cryptocurrency Prices: BTC, ETH, XRP, SOL Plunge
Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) experienced significant declines during the market crash. Today's drop in cryptocurrency prices has had a major impact on these currencies. However, the positive side is that Ripple CEO Brad Garlinghouse met with former U.S. President Donald Trump at Mar-a-Lago, indicating that regulatory transparency issues may be discussed in the future.
Today's Bitcoin Price
Bitcoin's trading price is $96,633, down about 5% over the past 24 hours. Its 24-hour low and high were $96,121 and $102,017, respectively. According to SoSo Value data, BTC ETFs have seen outflows of $543 million, with Ark & 21Shares selling $212 million worth of ETFs, Grayscale selling $125 million, and Bitwise selling $113 million.
Today's Ethereum Price
Today's Ethereum (ETH) price is $3,383, reflecting an 8% drop over the past 24 hours. The 24-hour low and high were $3,357 and $3,687, respectively. ETH ETFs saw an outflow of $86 million, with Fidelity selling $67 million worth of ETFs. BlackRock's data is still pending.
Today's Solana Price
Today's Solana (SOL) price is $199, down 8% over the past 24 hours. The 24-hour low and high were $198 and $217, respectively. Sol Strategies in Toronto announced an investment of 25 million CAD into Solana's blockchain ecosystem.
Today's XRP Price
Today's cryptocurrency prices show that XRP fell by about 3% over the past 24 hours. Its 24-hour low and high were $2.27 and $2.46, respectively. XRP's market cap is $134 billion.
Meme Coin Today's Prices
Today's meme coin prices followed the trend of Bitcoin, experiencing significant declines over the past 24 hours. Dogecoin (DOGE) fell by 10%, trading at $0.35. Shiba Inu also dropped by 9%, trading at $0.00002173. Other notable meme coins, such as PENGU, BONK, and PEPE, fell by 10% to 12% over the past 24 hours.
Additionally, according to Coinglass data, the total liquidation amount over the past 24 hours was $606 million, with $547 million from long positions and $59 million from short positions. Today's cryptocurrency prices were affected, as the total liquidation amount in the past 4 hours was $85 million, with $77 million coming from long positions. In the past 24 hours, 192,418 traders were liquidated. The largest single liquidation order occurred on Binance, targeting ETHUSDT, worth $17.74 million.