Today, the cryptocurrency market is bullish, with Bitcoin (BTC) surging above the $100,000 mark, as crypto costs at this time present robust momentum. This follows a unstable interval the place BTC had dropped to $92,000 after its all-time excessive.
Ripple’s XRP has gained 6% after three consecutive days of downward motion. Meanwhile, XDC Network has emerged as the highest gainer, with a formidable 36% soar in its value.
The crypto market rose by over 2%, bringing its whole market capitalization to $3.67 trillion. However, buying and selling quantity has decreased by 31%, standing at $250 billion.
Here is a fast overview of the top cryptocurrencies by market capitalization and their value actions for at this time, December 7.
Crypto Prices Today: BTC, ETH, SOL, and XRP
The crypto market is gaining momentum after Bitcoin surged again to $100,000. Major altcoins have proven optimistic motion within the final 24 hours, aside from Solana, which is down by 3%. Top meme cash are additionally driving the bullish wave, recording positive factors between 1% and 4% throughout the identical interval. The market’s general sentiment seems optimistic, with a number of cryptocurrencies experiencing upward tendencies.
Bitcoin Price Today
Bitcoin (BTC) price was buying and selling at $100,101, marking a 3% enhance within the final 24 hours. Its 24-hour high and low have been $97,138 and $101,902, respectively. Bitcoin’s market capitalization stood at $1.98 trillion, with a buying and selling quantity of $86 billion and a market dominance of 53.87%.
As per SoSo Value, the Bitcoin ETF market had seen important inflows, with $119 million added on Friday, though BlackRock’s knowledge was nonetheless awaited. Fidelity had contributed $120 million to BTC ETFs, whereas Ark Invest and 21Shares collectively recorded $24 million in inflows.
Additionally, the rising Bitcoin value has pushed elevated demand, creating strain on mining actions. This surge has additionally led to heightened energy consumption from national grids to maintain mining operations.
Ethereum Price Today
ETH price was buying and selling at $4,000, marking an approximate 4% enhance on the time of writing. Its 24-hour high and low have been $3,831 and $4,087, respectively. Ethereum’s market capitalization stood at $480 billion, with a buying and selling quantity of $50 billion. It remained the second-largest cryptocurrency, with a market dominance of 13.11%.
The ETH ETF had seen an influx of $49 million, with $47 million coming from Fidelity Investments. Bitwise had purchased $13 million of the ETF, whereas BlackRock’s knowledge was nonetheless pending.
In different vital information, Galaxy Research addressed the growing debate inside the Ethereum group on whether or not to enhance or lower the Ethereum gasoline restrict. This dialogue has been a focus for a lot of, with Galaxy Research providing invaluable insights.
XRP Price Today
XRP value was buying and selling at $2.428, with a 24-hour excessive of $2.497. It was up by 6% within the final 24 hours, making it one of many high gainers among the many high 10 cryptocurrencies. XRP’s market capitalization stood at $139 billion, with a buying and selling quantity of $14 billion. It remained the third-largest cryptocurrency by market cap.
Moreover, crypto analyst Justin Bennett predicted that the XRP price might rally to $3 as a whale moved $47 million to the Bitstamp change. This improvement might sign potential upward momentum for XRP within the coming days.
Solana Price Today
Solana (SOL) value was buying and selling at $235, down by 3% from the final 24 hours. Its 24-hour high and low have been $231 and $242, respectively. Solana’s market capitalization stood at $111 billion, with a buying and selling quantity of $5.42 billion.
The value decline was attributed to the SEC’s rejection of Solana ETF filing. This information harm the cryptocurrency, main to its current drop in worth.
Meme Crypto Prices Today
The top meme coin Dogecoin (DOGE) value was barely up from yesterday, buying and selling at $0.434 with a 24-hour excessive of $0.44. Shiba Inu (SHIB) was additionally minimally up, buying and selling at $0.0000307. Other meme cash like PEPE, WIF, and BONK have been down by 1% to 3% within the final 24 hours. The general sentiment within the meme coin market confirmed blended efficiency, with some cash experiencing slight positive factors whereas others confronted declines. Crypto costs at this time mirror the continuing volatility within the meme coin market.
Top Crypto Gainer Prices Today
XDC Network
XDC value was the highest gainer within the final 24 hours, with a 36% enhance, buying and selling at $0.1031. Its 24-hour high and low have been $0.07522 and $0.1037, respectively. XDC’s market capitalization stood at $1.55 billion, reflecting important development throughout this era. Crypto costs at this time spotlight XDC’s robust efficiency because it continues to appeal to consideration out there.
Mog Coin
MOG value was up by 24%, buying and selling at $0.00000395. Its 24-hour excessive was $0.00000401 USDT. MOG’s market capitalization stood at $1.54 billion, reflecting a robust efficiency within the final 24 hours. The value soar is attributed to the announcement of upcoming listing plans on Coinbase, which has generated optimistic market sentiment.
Hedera
HBAR price was up by 19% on the time of writing, with a 24-hour low of $0.2767 and a excessive of $0.3741. Its market capitalization stood at $13 billion. Crypto costs at this time mirror HBAR’s robust efficiency, persevering with to present important positive factors out there.
Top Crypto Loser Prices Today
Jupiter
Jupiter (JUP) value was the worst performer within the high 100 cash, down by 4% within the final 24 hours. It was buying and selling at $1.33, with a 24-hour low of $1.30 and a excessive of $1.394.
Raydium
RAY value was down by 3%, buying and selling at $4.85. Its 24-hour high and low have been $4.801 and $5.096, respectively. Crypto costs at this time present a slight decline in RAY’s worth throughout this era.
The hourly chart is exhibiting a bearish development within the 1-hour timeframe, with Bitcoin down by 1%. Major altcoins are additionally following the same sample, reflecting a slight downturn throughout the market. Crypto costs at this time point out a short lived decline because the market experiences short-term strain.
Coingape Staff
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Disclaimer: The offered content material might embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
