In the ever-evolving world of cryptocurrency, the market has experienced a slight downturn today. Over the past 24 hours, the global market capitalization has decreased by 0.79%, reaching a total of $3.4 trillion. This decline was accompanied by a noteworthy increase in trade volumes, which surged by 11.80%, amounting to $118.37 billion. Despite these fluctuations, investor sentiments remained stable, as reflected by the Fear & Greed Index, which continues to hover in the “Greed” zone with a score of 63.
Bitcoin Price Holds Ground at $98k
Despite the ongoing market uncertainties, Bitcoin has managed to maintain its position robustly. In the last 24-hour period, Bitcoin’s price saw a modest increase of 0.06%, bringing its value to $98,324.87. On the contrary, trading volumes showed a decline of 16.40%, settling at $37.04 billion. Additionally, U.S. spot Bitcoin ETFs reported net outflows amounting to $338.4 million on Tuesday. These factors suggest that Bitcoin might continue to trade sideways until the new year unfolds. Curious about Bitcoin’s potential trajectory in the coming years? Explore our Bitcoin Price Prediction 2025, 2026 – 2030 for detailed insights!
Altcoin Today: BGB Surges 20.49%
When examining the altcoin sector, Ethereum, the largest altcoin, experienced a 1.6% dip, currently valued at $3,438.73. Other significant players like Solana and XRP also faced declines of 2.23% and 2.05%, respectively, indicating a general cooling trend in the market. Interested in Ethereum’s future price prospects? Check out our Ethereum Price Prediction 2025, 2026-2030 for more information!
Top Gainers
- BGB: A remarkable surge of 20.49% to $6.34, leading today’s rally.
- MOVE: Increased by 16.52%, reaching a trading price of $1.19.
- PENGU: Climbed by 14.99%, now valued at $0.04065.
Top Losers
- HYPE: Fell by 13.15%, settling at $26.21.
- IOTA: Experienced a drop of 9.53%, now priced at $0.3067.
- ONDO: Declined by 8.99%, trading at $1.52.
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FAQs
What is the current global cryptocurrency market cap?
The global market cap currently stands at $3.4 trillion, reflecting a decrease of 0.79% in the past 24 hours.
Which token is the top gainer today?
BGB has emerged as the market leader with a significant surge of 20.49%, reaching a price of $6.34.
How did Bitcoin perform today?
Bitcoin experienced a slight increase in its price by 0.06%, currently trading at $98,324.87.
