Market Update

BTC drops below $94k, altcoins continue to decline

Cryptocurrency prices today showed Bitcoin (BTC) trading below $94,000, reversing the bearish trend across the market. Altcoins continued their declines, adding to the overall pressure. FTX Token (FTT) led gains with prices rising 7% after FTX announced that claims processing would begin on January 3, with $16 billion in cash paid out.

Tether (USDT), the largest stablecoin by market cap, is at risk of being delisted from European exchanges due to MiCA non-compliance. The December 30 compliance deadline has raised concerns among market participants.

The global cryptocurrency market fell by approximately 1.5% in the past 24 hours, reaching $3.29 trillion. However, trading volume saw a 12% rise to $90 billion.

Here is a brief overview of some Leading cryptocurrencies Based on market cap and cryptocurrency prices today, December 30.

Cryptocurrency Prices Today: BTC Drops Below $94K, XRP and SOL Drop Amid Market Stress

Cryptocurrency prices today saw Bitcoin (BTC) fall below $94,000, marking a sharp decline. Michael Saylor hinted at buying more Bitcoin with his recent post on X, sparking investor interest. Ethereum (ETH) was the only coin in the green, recording a 1% price rise amid the market decline.

Bitcoin price today

Bitcoin price was trading at $93,400, with a 1.3% decline in the past 24 hours. Its 24-hour low and high were $93,079 and $95,341, respectively. However, trading volume increased by 40% to $32 billion.

According to SoSo valuethe BTC ETF recorded a weekly inflow of $387 million last week, indicating renewed institutional interest. In other news, Using Bitcoin for clean energy It has exceeded 50%, highlighting the progress it has made in sustainability. Elon Musk previously stated that he may accept Bitcoin for payments, leaving the community eager for updates.

Ethereum price today

Ethereum (ETH) price was trading at $3,421, reflecting a 1% rise over the past 24 hours. Its 24-hour low and high were $3,327 and $3,434, respectively. ETH ETFs saw a weekly inflow of $349 million, second only to BTC ETFs.

However, concerns loom as Coingape analysts warn of a potential $2,600 collapse. This comes after A Massive flow 110,000 ETH on exchanges, indicating potential selling pressure.

XRP price today

The price of XRP was trading at $2.12, recording an approximate 3% decline over the past 24 hours. Its 24-hour low and high were $2,076 and $2,197, respectively.

Solana price today

Solana (SOL) price was trading at $192, reflecting a 1% decline over the past 24 hours. Today, SOL cryptocurrency prices revealed a 24-hour low of $188.73 and a high of $197.59, showing slight volatility.

Today’s highest winning cryptocurrency prices

FTX icon

The price of FTX Token (FTT) was trading at $3.75, showing a 10% rise over the past 24 hours. Today, FTT cryptocurrency prices recorded a 24-hour low of $3,416 and a high of $3,826, reflecting strong bullish momentum.

Athens

Ethena (ENA) price was trading at $1, showing a price increase of approximately 6% over the past 24 hours. Its 24-hour low and high were $0.91 and $1.01, respectively. Trading volume increased by 45% to $352 million, indicating increased market activity.

Furthermore, KuCoin Token (KCS) and Virtual Protocol (VIRTUAL) have seen gains ranging from 1% to 3% over the past 24 hours. This indicates a positive trend amid ongoing market volatility.

Today’s highest losing cryptocurrency prices

Bitget icon

The BGB token became the biggest loser of the day, with an approximate loss of 20% over the past 24 hours. Its 24-hour low and high were $6.01 and $7.85 respectively, while trading volume rose 47% to $1.34 billion.

Obese penguins

PENGU’s price is down 10% and is currently trading at $0.032. Its 24-hour low and high were $0.031 and $0.036, respectively. Despite the recent decline, today’s cryptocurrency prices show that PENGU is up 500% in the past month.

Motion (MOVE), OKB, and Beam (BEAM) saw a decline of approximately 5% over the past 24 hours, reflecting a slight decline in their prices.

In addition, the hourly chart is also showing bearish momentum Bitcoin price Down 0.23% Other major altcoins are showing a similar pattern, with each falling by roughly 1% in the past hour.

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Quinjab Staff

CoinGape has an experienced team of original content writers and editors who work around the clock to cover news globally and present news as fact rather than opinions. CoinGape writers and reporters contributed to this article.

Disclaimer: The provided content may include the personal opinion of the author and is subject to the market situation. Conduct market research before investing in cryptocurrencies. The author or publication does not accept any responsibility for your personal financial loss.



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