Today, the cryptocurrency market has welcomed a positive rise, with the overall market cap soaring by 3.50% to an astonishing $3.44 trillion. Despite the arrival of Christmas causing a 16% decrease in trading volume over the past 24 hours, market sentiment remains optimistic. The cryptocurrency fear and greed index stabilized at 73, indicating that 'greed' sentiment dominates the market.
Bitcoin (BTC) has pulled back after reaching a high of $99,000, but remains firmly above $98,000. With investors anticipating a 'Santa Claus rally', mainstream altcoins like Ethereum (ETH), XRP, and Solana (SOL) are showing signs of recovery after a brief profit-taking. Meme coins DOGE and SHIB have also risen by 3% and 4%, respectively, attracting attention.
It is particularly worth mentioning that Fartcoin, Pudgy Penguins (PENGU), and Movement (MOVE) have performed impressively today, with FARTCOIN soaring over 70% in 24 hours, exciting investors!
1. Today's Bitcoin Price
Bitcoin (BTC) price today reached a high of $99,404, currently trading at $98,115. BTC rebounded from a 24-hour low of $93,689, up more than 4%.
Meanwhile, trading volume has declined by 25% from yesterday's average of $70 billion to $44 billion. Bitcoin's market share has risen to 56.71%, up 0.47% from the previous trading day.
2. Today's Price of Ethereum
Ethereum (ETH) price rose 3%, currently trading at $3,492. The 24-hour low and high were $3,381 and $3,535, respectively. However, trading volume has decreased by 28% in the past 24 hours, indicating a decline in trader interest.
3. XRP Today's Price
XRP price is currently $2.29, up 2% in the past 24 hours. The 24-hour low and high were $2.22 and $2.35, respectively. The market cap is $131.63 billion, with today's trading volume at $5.74 billion. Despite a 29% decrease in trading volume, cryptocurrency prices are still showing an upward trend today.
4. Today's Price of Solana
The price of Solana (SOL) has increased by 4% in the past 24 hours, currently priced at $199.14. 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 several charges, and the court must dismiss the lawsuit. This includes accusations against the SEC that tokens like Solana (SOL) listed by the exchange are classified as securities.
5. Today's Price of Meme Cryptocurrency
Today, the meme coin market finally brings good news of recovery! Dogecoin (DOGE) has risen, up over 3%, currently trading at $0.333. Meanwhile, Shiba Inu (SHIB) is also showing strength, with a rise of 4% to a latest trading price of $0.0000234. Besides these two 'big names', other top meme coins such as Pepe Coin, Bonk, Floki, and WIF have also recorded increases of 2% to 4% in the past 24 hours.
Does this rebound mean that meme coins are back in spring? As market sentiment gradually warms, investors seem to have regained confidence.
Today's Largest Gainer in Cryptocurrency Price
1. FARTCOIN
The price of FARTCOIN has risen by over 70% in the past 24 hours, currently trading at $1.20. Its market cap skyrocketed by 65% to $1.19 billion, with trading volume surging by 30%.
2. PENGU
The price of PENGU has risen nearly 20% in the past 24 hours, currently trading at $0.036. Trading volume grew by 183% in the past 24 hours, reaching a high of $0.03929.
3. MOVE
MOVE has risen by 18% in the past 24 hours, currently trading at $1.01. The 24-hour low and high were $0.8169 and $1.14, respectively. Additionally, trading volume increased by 101% in the past 24 hours.
Today's Largest Decliner in Cryptocurrency Prices
1. VIRTUAL
The price of VIRTUAL has dropped by 4% in the last 24 hours, currently trading at $3. Its market cap has fallen to $3 billion, with trading volume down 20% to $304 million.
2. XDC
XDC price has dropped by 3% in the past 24 hours, currently priced at $0.08206.
