Cryptocurrency market today (December 21, 2024): Bitcoin price rises to $97,000

Today, the cryptocurrency market is recovering from the losses it incurred over the past 48 hours, as the market capitalization added 1.34% gains within 24 hours to reach $3.4 trillion. Trading volumes also rose by 10.25% to $291.27 billion, indicating renewed optimism among investors. This was evident when the Fear and Greed Index indicated a “greed” score of 62.

Bitcoin shows resilience while dominance remains strong

Bitcoin is catching up with a bullish candlestick, as the market shows signs of recovery. It rose 0.30% within 24 hours to a price of $97,569.12, and also saw a modest 2.5% increase in its trading volume to $95.99 billion. And speaking of inflows, Metaplanet Inc. has arrived. made headlines by raising $61 million to accelerate its Bitcoin purchases. The cryptocurrency’s stellar influence in the business remains strong, with dominance holding at 56.82%.

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

Watch Altcoins: ETH Outperforms BTC

Ethereum outperformed Bitcoin on the daily charts with the price rising 2.91% to $3,490.85. Solana and XRP also showed slight gains, rising 1.27% and 0.55% to $197.47 and $2.32, respectively.

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

Top winners and losers

HYPE was the biggest gainer, rising 34.27% to $33.15, followed by VIRTUAL, which rose 18.78% to $2.74, and ENA, which rose 17.55% to $1.16. However, other icons did not share this optimism. The biggest losers today were APTOS, which fell 12.22% to $10.28, XMR, which fell 5.93% to $189.13, and OM, which fell 3.65% to $3.85.

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