Market Update

Cryptocurrency market today (December 24, 2024): Bitcoin price at $93,000

The cryptocurrency market is now stabilizing after facing a harsh correction, with the total market cap now firmly rooted at $3.31 trillion. However, intraday trading saw a decline of 1.50%, bringing the figure to $150.08 billion. Meanwhile, the Fear and Greed Index managed to remain at a neutral score of 55, highlighting the balance in market sentiment.

Will Bitcoin price drop to $93,000?

The price of Bitcoin saw a 2.14% decline in the last 24 hours, reaching $93,990.75. Despite the decline, Bitcoin trading volumes rose 2.99% to $54.79 billion, indicating increased interest in trading during low prices. With a market cap of $1.86 trillion, Bitcoin’s recent price action reflects cautious investor sentiment in a neutral market.

For a detailed look, see our website Bitcoin price forecast

Altcoins in Focus: ETH, SOL, and XRP Surge

Ethereum outperformed most major altcoins, posting a 1.51% gain to trade at $3,395.50. Solana showed impressive momentum, rising 4.04% to $191.53. Meanwhile, XRP saw a modest rise of 0.94%, and is now priced at $2.23. These movements indicate that selected altcoins are attracting more attention amid Bitcoin’s sluggish performance.

Discover our site Ethereum price prediction To get deeper insights into the potential path of ETH.

Top winners and losers

Among the best performing tokens, Bingo She led this campaign with notable gains of 28.60%, followed by BGBwhich increased by 21.35% Like youan increase of 16%. On the contrary, FTM It decreased by 4.05% XMR BTC lost 3.26% and 2.16%, respectively.

Frequently asked questions

How is the cryptocurrency market sentiment today?

The Fear and Greed Index stands at 55, indicating neutral market sentiment.

Which tokens were the biggest winners today?

The biggest gainers were PENGU (+28.60%), BGB (+21.35%), and ZEC (+16%).

How has Ethereum (ETH) performed?

Ethereum (ETH) rose 1.51% over the past 24 hours, reaching $3,395.50.

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