Market Update

Bitcoin price is $97,000, with the market stable?

Today, the cryptocurrency market is witnessing stability after declining over the past two days. The renewed hope sent the market cap up 2.48% to $3.37 trillion. While intraday trading volumes fell significantly by 42.36% to $207.62 billion, overall market sentiment remains bullish, with the Fear and Greed Index highlighting a “greed” score of 62.

Bitcoin price is fixed

Today Bitcoin held steady at $97,252.93, with a slight gain of 0.11% compared to the previous day. Its dominance remains strong, contributing $1.92 trillion to global market capitalization, even as trading volumes fell 49.55% to $62.25 billion. Investors remain optimistic, driven by the stable performance amid broader market corrections.

Altcoins Watch: ETH and SOL Prices Drop and XRP Gains

Altcoins paint a diverse picture. Ethereum price fell slightly by 0.40%, to trade at $3,373.96, while Solana faced a sharp decline of 2.45% to $184.95. On the other hand, XRP price rose by 0.43%, to trade at $2.24, showing resilience among the selected assets.

For insights into the future of Bitcoin, explore our website Bitcoin price forecast.

Top winners and losers

Among the biggest gainers, MOVE topped the charts with a stunning rise of 23.79%, reaching $1. VIRTUAL followed closely with a gain of 15.06%, at $2.67, and PENGU rose 13.75%, to trade at $0.0303.

For detailed analysis of Ethereum, check out our website Ethereum price prediction.

On the other hand, APTOS saw the biggest decline, falling by 6.92% to $9.89. HBAR and KAS also faced declines of 2.86% and 2.81% respectively, reflecting mixed sentiment in the broader altcoin market.

Subscribe with us to get daily updates from the crypto industry.

Frequently asked questions

What is the current market sentiment?

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

Which currencies performed best today?

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

How did Bitcoin perform today?

Bitcoin rose 0.11% over the past 24 hours, trading at $97,252.93.

http://image.coinpedia.org/wp-content/uploads/2023/12/09171856/Top-Crypto-News-This-Week.webp

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button