BTC Hits $100K, CRV Up 20%, SAND Surges 16%

Today, the cryptocurrency market is fueled by bullish momentum as Bitcoin (BTC) reaches $100,000 for the primary time. After roughly two weeks of consolidation, BTC has lastly surpassed the $100K resistance degree. Among altcoins, Ethereum (ETH) is up by 6%, whereas Binance Coin (BNB), Solana (SOL), and XRP have seen declines of two% to six%.

Curve DAO Token (CRV) and The Sandbox (SAND) emerged as the highest gainers, with worth will increase of 20% and 16%, respectively. The international crypto market cap has risen by roughly 3%, now at $3.55 trillion. Trading quantity stays stagnant at $285 billion.

Meanwhile, the Fear and Greed Index signifies 83, reflecting excessive greed. Here’s a more in-depth take a look at among the top cryptocurrencies by market cap and their costs at the moment, December 5.

Cryptocurrency Market Today: BTC Hits All-Time High, ETH Gains 6%, While XRP and SOL Decline

Bitcoin (BTC) price reached $100K for the primary time in historical past, marking a brand new all-time excessive. Ethereum (ETH) rose by 6%, whereas main cryptocurrencies like Binance Coin (BNB), XRP, and Solana (SOL) skilled a 2–6% decline.

Bitcoin Price Today

Bitcoin (BTC) worth is at the moment buying and selling at $102,126, with a 24-hour low of $94,660 and a excessive of $103,287. At the time of writing, it’s up by 7%. For the primary time, Bitcoin’s market cap surpassed $2 trillion, now standing at $2.03 trillion. The 24-hour buying and selling quantity reached $92 billion, with a market dominance of 55.4%.

According to SoSo Value, BTC ETFs recorded a $15 million outflow, whereas BlackRock’s information remains to be awaited. Meanwhile, Fidelity bought $17 million price of BTC ETFs on Wednesday.

In associated information, Federal Reserve Chair Jerome Powell compared Bitcoin to gold. This comparability fueled bullish sentiment within the cryptocurrency market at the moment, as he famous that each property are comparable, in contrast to the US Dollar.

Ethereum Price Today

Ethereum (ETH) price traded at $3,880, reflecting a 6% enhance over the previous 24 hours. Its 24-hour high and low have been $3,663 and $3,906. At the time of writing, its market cap stood at $465 billion, with a buying and selling quantity of $60 billion. Ethereum’s market dominance reached 12.7%.

SoSo Value reported an influx of $43 million into ETH ETFs on Wednesday, with Fidelity main the contributions with $40 million. Data from BlackRock stays pending, conserving market members alert.

Meanwhile, analysts at CoinGape speculate whether or not Ethereum’s price could hit $5,000 if Bitcoin reaches $150K. Recent Bitcoin consolidation has offered altcoins, together with Ethereum, a possibility to shine. Ethereum’s resilience, particularly throughout an 8% BTC worth dip, underscores its place as a robust contender within the present bull market.

XRP Price Today

XRP price traded at $2.3, marking a 9% decline within the final 24 hours. Its 24-hour high and low have been $2.188 and $2.67. At the time of writing, its market cap stood at $132 billion, with a 24-hour buying and selling quantity of $24 billion. XRP ranked 4th amongst cryptocurrencies by market capitalization, holding a market dominance of three.61%.

In associated information, Ripple Labs CEO Brad Garlinghouse expressed his support for Paul Atkins because the potential SEC Chair. He praised Atkins for his “common sense” method to crypto regulation, emphasizing his expertise and repute as a proponent of balanced regulatory measures.

Solana Price Today

In the cryptocurrency market at the moment, SOL price traded at $235, reflecting a 2% drop within the final 24 hours. Its 24-hour high and low have been $223 and $240, respectively. With a market cap of $111 billion and a buying and selling quantity of $7 billion, SOL ranked fifth within the cryptocurrency market.

Moreover, in associated information, Coinbase announced the listing of Gigachad (GIGA), a meme coin on the Solana community. The worth of GIGA surged following the itemizing announcement.

Meme Crypto Performance Today

Meanwhile, the cryptocurrency market at the moment has proven bullish momentum within the top meme crypto sector. Dogecoin (DOGE) traded at $0.4385, reflecting a 6% enhance. Similarly, Shiba Inu (SHIB) worth surged by 4% to $0.00003143.

Other high meme cash like PEPE gained 5%, whereas WIF and BONK noticed a decline of 1% to 2%. Additionally, Moo Deng (MOODENG) was recently listed on Coinbase. Its worth soared by 70% inside 24 hours of the announcement.

Top Crypto Gainers Prices Today

Curve DAO Token

Curve DAO Token (CRV) worth was buying and selling at $1.07, marking a 20% soar in worth and securing its place as the highest gainer at the moment. Its 24-hour high and low have been $0.9157 and $1.23, respectively. With this vital rise, CRV has now entered the highest 100 cryptocurrencies by market cap.

The Sandbox

The Sandbox (SAND) worth was buying and selling at $0.86, reflecting a 16% surge in worth. Its 24-hour high and low have been $0.7759 and $1.06, respectively.

Top Crypto Losers Prices Today

IOTA

IOTA worth was buying and selling at $0.4689, displaying an 18% drop in worth during the last 24 hours. Its 24-hour high and low have been $0.45 and $0.6055, respectively.

TRON

TRX price was buying and selling at $0.3167, with a 17% drop previously 24 hours. Its 24-hour high and low have been $0.3166 and $0.4275. Despite the decline, it stays within the high 10 cryptocurrencies by market cap. The cryptocurrency market at the moment exhibits blended reactions, with main cash experiencing volatility.

The hourly chart within the cryptocurrency market at the moment is giving blended reactions. BTC is up by 3% within the final hour, whereas different main altcoins are displaying a small lower in worth. XRP has dropped by greater than 5% previously hour, reflecting some volatility out there. The cryptocurrency market at the moment continues to point out fluctuations throughout varied cash.