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Holiday Uplift in Crypto Market: BTC, ETH, and Others

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by A1

12 hours ago


The holiday season's enthusiasm continues to impact the crypto market. In the past 24 hours, the industry's market capitalization increased by 3.30% to $3.43 trillion, while trading volume decreased by 14.55% to $134.08 billion. The Fear & Greed Index now shows a 'Greed' score of 62, up from the previous day’s neutral sentiment.

Bitcoin Price Decline after Hitting $99k

Bitcoin has made headlines again, reaching a 24-hour high of $99,404.06. At the time of publication, BTC's price was $98,235.83, which is still 4.06% higher than the previous day. Meanwhile, trading volume dropped 24.2% to $44.31 billion, while the market cap soared to $1.94 trillion.

Altcoins Today: ETH, SOL, and XRP Show Gains

Top altcoins have shown mixed performances on their daily charts. Ethereum rose by 2.27% to $3,489.73, Solana climbed 4.05% to $199.17, and XRP increased 1.94% to $2.30. These gains mirror the bullish momentum led by Bitcoin.

Top Gainers and Losers of the Day

Among the top gainers, FARTCOIN stood out with a 57.04% increase to $1.16. MOVE rose 19.34% to $1.03, and BGB climbed 15.83% to $5.27. For the losers: VIRTUAL dropped 4.13% to $3.01, FTM fell 2.73% to $1.00, and XDC declined 2.71% to $0.08206.

The cryptocurrency market continues to show significant dynamics influenced by the holiday season, affecting both the prices of major cryptocurrencies and the market capitalization fluctuations.

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