Crypto Prices Today: The cryptocurrency market skilled a massacre on Wednesday, with Bitcoin (BTC) falling under the 97K stage, marking a pointy decline from $102K to $97K. The crash in crypto costs at present was attributed to a major rise in U.S. Treasury yields over the previous decade. Additionally, the Institute for Supply Management (ISM) launched a report displaying the December Purchasing Managers’ Index (PMI) for the personal sector reached 54.1, up from November’s 52.1, including to market volatility.
Major altcoins additionally witnessed sharp declines, with most falling by 5% to 10% prior to now 24 hours. Meme cash confronted comparable strain, as Dogecoin (DOGE) and Shiba Inu (SHIB) dropped by 8% to 10% throughout the identical timeframe.
The world crypto market fell roughly 6%, now standing at $3.38 trillion. However, buying and selling quantity surged by 27%, reaching $162 billion as traders reacted to the market downturn.
Crypto Prices Today: BTC, ETH, XRP, SOL Down Major
Cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) noticed sharp declines through the market crash. The fall in crypto costs at present impacted these cash considerably. However, on a optimistic word, Ripple CEO Brad Garlinghouse met with former U.S. President Donald Trump at Mar-a-Lago, signaling potential future discussions on regulatory readability.
Bitcoin Prices Today
Bitcoin value was buying and selling at 96,633 {dollars}, with roughly 5% down within the final 24 hours. Its 24-hour high and low are 96,121 and 102,017 {dollars}, respectively. As per SoSo Value data, BTC ETFs have seen an outflow of 543 million {dollars}, with Ark & 21Shares promoting 212 million {dollars} price of ETFs, Grayscale promoting 125 million {dollars}, and Bitwise promoting 113 million {dollars}.
Ethereum Price Today
Ethereum (ETH) value at present was buying and selling at $3,383, reflecting an 8% drop within the final 24 hours. The 24-hour high and low had been $3,357 and $3,687, respectively. The ETH ETF skilled an outflow of $86 million, with Fidelity promoting $67 million of the ETF. BlackRock’s knowledge continues to be awaited.
Solana Price Today
Solana (SOL) value at present was $199, with an 8% drop within the final 24 hours. The 24-hour high and low had been $198 and $217, respectively. Toronto’s Sol Strategies announced a CAD $25 million funding in Solana’s blockchain ecosystem.
XRP Price Today
Crypto costs at present present XRP was down by roughly 3% within the final 24 hours. Its 24-hour high and low had been $2.27 and $2.46, respectively. XRP’s market cap was at $134 billion.
Top Crypto Gainers Prices Today
Bitget Token
Bitget Token (BGB) was the one coin within the prime 100 to be within the inexperienced within the final 24 hours. BGB value was buying and selling at $6.52, displaying an approximate 6% enhance. Its 24-hour high and low had been $6.21 and $6.64, respectively.
Top Crypto Losers Prices Today
Hyperliquid
HYPE was the worst performer at present, down by 15% within the final 24 hours. Its 24-hour high and low had been $21.95 and $26.29. Crypto costs at present mirrored this decline, with HYPE’s market cap at $7.31 billion and buying and selling quantity at $1.92 billion.
dYdX
DYDX value was down by 13% and was buying and selling at $1.40. Its 24-hour high and low had been $1.397 and $1.635, respectively.
Moreover, Fantom (FTM), Gala, and Beam had been every down by 12% within the final 24 hours.
Meme Coin Prices Today
Meme coin costs at present adopted Bitcoin’s path, experiencing a pointy decline within the final 24 hours. Dogecoin (DOGE) price was down by 10%, buying and selling at $0.35. Shiba Inu was additionally down by 9%, buying and selling at $0.00002173. Other notable meme cash like PENGU, BONK, and PEPE had been down by 10% to 12% within the final 24 hours.
Moreover, as per Coinglass knowledge, the 24-hour liquidation was at $606 million, with $547 million coming from lengthy positions and $59 million from brief positions. Crypto costs at present had been impacted as, within the final 4 hours, whole liquidation was $85 million, with $77 million from lengthy positions. In the previous 24 hours, 192,418 merchants had been liquidated. The largest single liquidation order occurred on Binance for ETHUSDT, valued at $17.74 million.
Coingape Staff
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