Highlights:
Bitcoin has recently been consolidating in the range of $93,000 to $99,000, with a relatively stable trend over the past 10 days.
XRP has recently performed very well, with an increase of 18%, becoming one of the top tokens.
Hedera (HBAR) has seen an astonishing increase, soaring 58%, while Ondo (ONDO) also performed well, rising 36% in the past 24 hours.
Today (December 3), the overall cryptocurrency market remains bullish, with Bitcoin still consolidating between $93,000 and $99,000. XRP is the strongest performer among the top ten coins, rising 18% in the past 24 hours. Meanwhile, Hedera (HBAR) and Ondo (ONDO) also showed impressive performance, with the former rising 58% and the latter rising 36%.
The 24-hour trading volume reached $284 billion, an increase of 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 Strongly Up 18%
Bitcoin (BTC) continues to remain stable, consolidating within a narrow range without significant fluctuations. However, Ethereum (ETH) and Solana (SOL) have seen slight declines, down 2% in the past 24 hours, respectively. In contrast, XRP continues its strong upward trend, soaring 18% and remains one of the best-performing assets in the market.
Bitcoin Today's Price
Bitcoin's price remains around $96,000, down 2% in the past 24 hours. The 24-hour low is $94,482, and the high is $97,741. Currently, Bitcoin's market capitalization 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 relevant data has not yet been published, Fidelity Investments has recorded an inflow of $25 million. Meanwhile, Grayscale is facing significant outflows, totaling $28 million, reflecting a cautious sentiment among some investors.
Furthermore, 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 not yet been published, but Fidelity Investments reports inflows of $19.9 million. Over the past two weeks, ETH inflows have been significant, totaling $634 million, reflecting ongoing institutional interest in Ethereum.
XRP Today's Price
The trading price of XRP is $2.72, with a significant increase of 18% in the past 24 hours. XRP's low and high prices are $2.24 and $2.84, respectively, showing strong price volatility. XRP's market capitalization has reached $155 billion, surpassing Solana and USDT, ranking third.
XRP's 24-hour trading volume is $46 billion, accounting for a dominant market share of 4.47%. Additionally, Ripple Labs is accelerating the testing of its stablecoin RLUSD, having recently minted nearly 10 million RLUSD tokens. New York regulators are expected to approve the release of this stablecoin soon.
Solana Today's Price
Solana (SOL) is currently priced at $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 strong market momentum, with a current market capitalization of $108 billion and a 24-hour trading volume of $7 billion, indicating active investor participation. Notably, Coinbase announced that it will include the Solana-based meme coin Moo Deng in its listing roadmap, which led to a significant price surge for Solana after the news was released.
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% in the past 24 hours, respectively. Currently, Dogecoin is priced at $0.42, with a low of $0.40 and a high of $0.45. Shiba Inu is priced at $0.0000294, showing a slight decline.
Other well-known meme coins, such as PEPE, BONK, and WIF, have also generally declined, with decreases ranging from 6% to 8%. Overall, the meme coin sector is showing a downward trend in a broader market environment.
Today's Highest-Gaining Cryptocurrency Price
Hedera (HBAR)
Hedera (HBAR) has once again become the cryptocurrency with the largest increase today, rising 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 Largest Decline in Cryptocurrency Prices
Raydium (RAY)
Raydium (RAY) is the cryptocurrency with the largest drop 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 pullback.
Overall Market Trend: Today's cryptocurrency prices show a generally positive trend, with many major coins’ hourly charts indicating increases. The bullish momentum in the market may suggest that some top cryptocurrencies are about to experience a potential rebound or consolidation, with market sentiment seeming to turn more optimistic.
