BTC Drops Below $106K, PENGU Soars by 550%, BGB Up by 17%

Crypto costs immediately noticed main fluctuations as Bitcoin (BTC) hit a brand new all-time excessive of $108,000 earlier than retreating under $106,000, showcasing important volatility in latest buying and selling. Meanwhile, Pudgy Penguins (PENGU), a token launched simply yesterday, recorded a outstanding 550% surge inside 24 hours, propelling it into the highest 100 cryptocurrencies by market cap. Bitget Token (BGB) additionally skilled a powerful uptick, climbing 17% regardless of a broader market dip.

The total market cap declined by roughly 1% to $3.71 trillion, whereas buying and selling volumes fell by 8.6% to $185 billion. The Fear and Greed Index signaled excessive greed, studying 80. So, let’s take a more in-depth have a look at a number of the leading cryptocurrencies by market cap and their value motion on December 18.

Crypto Prices Today: Market Tackles Turbulence But Some Alts Soar

The crypto market confirmed a blended response, with Bitcoin and Ethereum down by 1% to three%. However, U.S.-based initiatives like XRP, Stellar (XLM), and Hedera (HBAR) surged by 3% to six% during the last 24 hours, reflecting constructive momentum amongst choose altcoins regardless of the broader market dip.

Bitcoin Price Today

The Bitcoin (BTC) price dropped by 1% and was buying and selling at $105,368. Its 24-hour high and low have been $105,004 and $108,269, respectively. The market cap stood at $2.09 trillion, with $70 billion in buying and selling quantity. Its market dominance was recorded at 56.63%.

As per SoSo Value, BTC ETFs noticed an outflow of 247 million BTC on Tuesday, with Fidelity main the outflows at 128 million BTC. Grayscale’s GBTC recorded an 84 million BTC outflow, whereas knowledge from BlackRock remains to be awaited.

Ethereum Price Today

Ethereum (ETH) price immediately was buying and selling at $3,869, marking a 4% drop within the final 24 hours. Its 24-hour high and low have been $3,836 and $4,040, respectively. The market cap stood at $466 billion, with $35 billion in buying and selling quantity. The market dominance was recorded at 12.67%.

ETH ETFs noticed an influx of roughly 10 million, with Grayscale accounting for 4.45 million of the influx and Fidelity taking in roughly 4 million. Data from BlackRock remains to be anticipated.

XRP Price Today

XRP price has risen by 3% within the final 24 hours, buying and selling at $2.55. Its 24-hour high and low have been $2.463 and $2.717, respectively. In crypto costs immediately, XRP’s market cap is $146 billion, with a buying and selling quantity of $17 billion, making it the third-largest cryptocurrency by market cap. Additionally, Ripple’s stablecoin RLUSD went live yesterday, marking Ripple’s entry into the stablecoin market.

Solana Price Today

Solana (SOL) price has elevated by 2% within the final 24 hours, buying and selling at $218. Its 24-hour high and low have been $213 and $228, respectively. Its market cap stands at $104 billion, with a buying and selling quantity of $6 billion and a market dominance of two.85%.

Meme Crypto Prices Today

Meme cash have proven a bearish response out there. Dogecoin (DOGE) is down by roughly 3% and is now buying and selling at $0.39. Shiba Inu (SHIB) has additionally seen a 4% decline, at present buying and selling at $0.00002609. Other notable meme cash like PEPE, BONK, and WIF have dropped by 2% to six%. These actions mirror the development in crypto costs immediately, because the meme coin market faces a correction amid broader market fluctuations.

Top Crypto Gainer Prices Today

Pudgy Penguins

Pudgy Penguins (PENGU) turned the highest gainer for immediately, surging by 550% within the final 24 hours. The value skyrocketed after Binance launched it yesterday. Currently, PENGU is buying and selling at $0.03, with a 24-hour low of $0.02 and a excessive of $0.06.

Bitget Token

Bitget Token (BGB) continues its sturdy efficiency, marking the second consecutive day as a high gainer. Today, it’s up by 17%, at present buying and selling at $4.18. Its 24-hour high and low vary between $3.56 and $4.23. The rise in value is attributed to Bitget, the main cryptocurrency change, being granted a license to function as a Bitcoin service supplier by El Salvador’s Central Bank.

Litecoin

Litecoin (LTC) was up by roughly 7% within the final 24 hours and is at present buying and selling at $125. Its 24-hour high and low have been $114 and $129. The rise in value is principally attributed to predictions from Bloomberg analysts {that a} Litecoin ETF may launch before these for Solana and XRP. As seen in crypto costs immediately, Litecoin’s progress is notable amid broader market tendencies.

Top Crypto Loser Prices Today

Lido DAO

Lido DAO (LDO) value was down by 9% and is at present buying and selling at $2.08. Its 24-hour high and low have been $2.05 and $2.31, making it the worst performer for immediately. In crypto costs immediately, Lido DAO’s decline stands out amidst different market actions.

Aptos

Aptos (APT) value was down by 8% and is now buying and selling at $12.89. Its 24-hour high and low have been $12.72 and $14.36. In crypto costs immediately, Aptos confirmed a notable decline in comparison with different belongings.

Fantom

Fantom (FTM) was down by 7% and is buying and selling at $1.31. Its 24-hour high and low have been $1.297 and $1.43. The market cap stands at $3.67 billion with a 24-hour buying and selling quantity of $475 million. Crypto costs immediately mirror a slight dip for Fantom.

Besides, the hourly chart reveals a bearish development, with Bitcoin down by half a p.c, and main altcoins like XRP, Solana (SOL), and Binance Coin (BNB) down by roughly 1% within the final hour. This signifies short-term promoting strain throughout the market.