The cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) falling below the 100,000 USD mark after the Federal Reserve announced a 25 basis point rate cut. Contrary to market expectations for a positive reaction, this news triggered widespread selling, affecting major altcoins. Ethereum (ETH) fell 6%, while XRP dropped significantly by 10%, and most cryptocurrencies showed negative momentum.
An exception to this decline is USUAL, which soared 23% in the past 24 hours. Overall market capitalization dropped 5% to 3.44 trillion USD. However, trading volume surged 40% to 251 billion USD, indicating high market participation. The fear and greed index remains at 69, reflecting that despite the decline, the sentiment of greed remains high.
Today's Bitcoin price
Bitcoin (BTC) price has dropped about 4%, trading at 100,880 USD. The 24-hour low and high prices are 98,874 USD and 105,389 USD respectively. The market cap is 2 trillion USD, trading volume is 100 billion USD, and market share is 57.12%.
Ethereum today's price
Ethereum (ETH) trading price is 3,652 USD, reflecting a decrease of 6% over the past 24 hours. The 24-hour low and high prices are 3,543 USD and 3,902 USD respectively, showing significant volatility in today's cryptocurrency market.
Altcoin
The most concerning "Altcoin Season" for everyone, I tell you it is definitely not now, at least not in 1-2 weeks, because the main bull run has not ended.
The altcoin bull market, the accurate timing of the explosion, is in the later stage of the main bull run, that is, when the main coin enters the garbage time, that is the time for altcoins to explode.
Regarding some new coins
(Facing Binance's coin listing) Smart people have now entered short mode, the key is that Binance generally will first push it up, the opening of cat will be very strong, but afterwards it will be soft, a bunch of top-tier secondary traders shouting is useless, but they are all taking the ads.
Regarding old coins, Litecoin ($LTC)
Litecoin, the trend is very standard, recently it spiked and retraced to the key chip conversion area. After touching the key support point, it rebounded. The current position is at the lower track of the speed resistance line, with an expectation of rising to the upper track, 300 USD.
1.$MOVE
The current price of Movement (MOVE) is US$0.7022, with a 24-hour trading volume of US$1,073,964,646. This indicates a price increase of 9.24% over the past 24 hours and a price increase of 1.09% over the past 7 days.
is an Ethereum-based token, the launch of the Move coin is not only a technical innovation but also an important step towards broader applications and developments in the blockchain field.
The Movement Network to which the Move coin belongs is a modular framework for building and deploying Move-based infrastructure, applications, and blockchains in a distributed environment.
2.$AIXBT
The current price of AIXBT by Virtuals (AIXBT) is US$0.2668, with a 24-hour trading volume of US$54,186,397. This indicates a price increase of 15.84% over the past 24 hours and a price increase of 7.90% over the past 7 days.
AIXBT coin is an AI-driven meme token based on the Base chain, focused on analyzing hot topics and trends in the cryptocurrency market through artificial intelligence.
The AIXBT coin provides cryptocurrency investors with a valuable market insight tool through its unique AI technology and market analysis tools.
3.$MOCA
The current price of Moca Coin (MOCA) is US$0.1582, with a 24-hour trading volume of US$187,122,632. This indicates a price increase of 24.73% over the past 24 hours and a price increase of 80.52% over the past 7 days.
Moca coin is an Ethereum-based token primarily used to reward holders of Mocaverse NFTs.
Since its debut, the moca token has performed brilliantly, with an initial market capitalization of 72 million USD, quickly rising by 41% to 102 million USD.
4.$ARC
The current price of AI Rig Complex (ARC) is US$0.2057, with a 24-hour trading volume of US$98,040,791. This indicates a price increase of 55.40% over the past 24 hours.
Arc Coin is based on blockchain technology, utilizing 'verifiable data structures' and 'spatio-temporal proof' mechanisms, which enhance the security and transparency of the system, while ensuring transaction speed.
Since its launch on December 11, Arc Coin's market capitalization has rapidly climbed, demonstrating huge market potential. Its market cap reached 38.1 million USD just 11 hours after launch, indicating widespread attention and enthusiasm from investors.
