On December 15, 2024, the cryptocurrency market experienced significant changes. Market capitalization reached $3.61 trillion, with a trading volume of $128.48 billion in the last 24 hours.
Cryptocurrency Market Overview
The market capitalization reached $3.61 trillion, with 31,538 currencies listed. Bitcoin ($BTC) maintained the lead at $102,075 with a dominance of 55.9%. Ethereum ($ETH) ranked second with a price of $3,861 and a 12.9% share. $222.23 billion are locked in DeFi applications, indicating active decentralized finance initiatives.
Trends and Key Metrics
The fear and greed index reflected a score of 75, indicating 'Greed.' ETH gas fees were low at 6 GWEI, allowing cost-effective transactions. The biggest gains were seen in $ENA (21.11%), $HYPE (13.43%), and $HNT (13.21%).
Top Liquidations in 24 Hours
Significant liquidations occurred in the crypto derivatives market. Ethereum ($ETH) topped the chart with $31.18 million liquidated positions, followed by Bitcoin ($BTC) at $23.46 million. Other notable liquidations include $DOGE, $XRP, and $SOL at $9.99 million, $9.01 million, and $8.29 million, respectively.
The cryptocurrency market on December 15, 2024, showcased both growth and volatility. Leading assets like Bitcoin and Ethereum maintained dominance, while select altcoins displayed significant price movements.