Crypto News Today (Dec 21, 2024): Bitcoin at $97k, as Market Stabilizes?

Share This Post

crypto news today

The post Crypto News Today (Dec 21, 2024): Bitcoin at $97k, as Market Stabilizes? appeared first on Coinpedia Fintech News

The crypto market today has been stabilizing after a slump over the past 2 days. The renewed hope has led to the market cap rising by 2.48% to reach $3.37 trillion. While the intraday trading volumes dipped notably by 42.36% to $207.62 billion, the overall market sentiment remains bullish, with the Fear & Greed Index highlighting a “Greed” score of 62.

Bitcoin Price Holds Steady

Bitcoin today has been holding its ground at $97,252.93, with a minor gain of 0.11% over the previous day. Its dominance remains robust, contributing $1.92 trillion to the global market cap, even as trading volumes drop by 49.55% to $62.25 billion. Investors remain optimistic, driven by the stable performance amidst broader market corrections.

Altcoin Watch: ETH, SOL Prices Slip, XRP Gains

Altcoins are painting a varied picture. Ethereum price dipped slightly by 0.40%, trading at $3,373.96, while Solana faced a sharper decline of 2.45% to $184.95. XRP, on the other hand, gained 0.43%, trading at $2.24, showcasing resilience among select assets.

For insights into Bitcoin’s future, explore our Bitcoin Price Prediction.

Top Gainers and Losers

Among the top gainers, MOVE led the charts with an impressive 23.79% surge, reaching $1. VIRTUAL followed closely with a 15.06% gain, priced at $2.67, and PENGU rose by 13.75%, trading at $0.0303.

For Ethereum’s detailed analysis, check out our Ethereum Price Prediction

On the flip side, APTOS saw the steepest drop, sliding by 6.92% to $9.89. HBAR and KAS also faced declines of 2.86% and 2.81%, respectively, reflecting a mixed sentiment in the broader altcoin market.

Subscribe to us for everyday updates from the crypto industry.

FAQs

What is the current market sentiment?

The Fear & Greed Index is at 62, indicating “Greed,” reflecting positive investor sentiment.

Which coins performed the best today?

MOVE, VIRTUAL, and PENGU were the top performers, with gains of 23.79%, 15.06%, and 13.75%, respectively.

How has Bitcoin performed today?

Bitcoin has gained 0.11% in the last 24 hours, trading at $97,252.93.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Solana Price Continues Downward Slide — Is A Rebound Possible At $180? 

Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve’s rate cut The Solana price succumbed to the bearish pressure and fell

Openseason Is a Thrilling Web3 Battle Royale

Regina steps into a world where in-game victories earn real-world rewards, in a game merging cutting-edge blockchain with classic battle royale fun Quick Recap from Fableborne Fableborne by Pixion

Bitcoin Supply Held By STH Hits Highest Level In 40 Months – Top Signal Or Trend Shift?

Bitcoin finds itself at a pivotal juncture as the market navigates uncertainty and growing doubt in the days ahead After reaching an all-time high (ATH), the price tumbled sharply to the $92,000

Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?

Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction This period of heightened volatility has left investors divided, with

XRP Price Prediction For December 22

The post XRP Price Prediction For December 22 appeared first on Coinpedia Fintech News Ripple’s XRP is down by more than six percent and is trading at $222 level at the time of writing XRP’s

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Permianchain, a subsidiary of UAE investment firm Hodler Investments, partnered with Vertical Data to offer modular and portable data center solutions using Vertical Data’s GPU-as-a-service