CoinGape
2024-12-01 04:29:12

Cryptocurrency Market Today Dec 1: BTC Falls Below $96K, SHIB Up 13%, and XTZ Jumps 20%

Today’s cryptocurrency market fueled global investor speculation as Bitcoin and major altcoins showed declining price movements. XRP climbed 6% among the top 10 coins, while Shiba Inu and Tezos posted impressive gains of 13% and 20%, respectively. Core (CORE) emerged as the top gainer today with a remarkable 28% surge. The global crypto market cap increased by 0.35%, reaching $3.39 trillion. However, total market volume experienced a 9% decline, settling at $155 billion. Here’s a brief overview of some leading cryptocurrencies by market cap and their prices today, December 1. Cryptocurrency Market Today: BTC Drops, ETH Up 2%, and XRP Gains 5% BTC price today tanked considerably, briefly touching $95,800. Meanwhile, ETH saw a 2% increase, and XRP gained between 5% and 6%. The market witnessed fluctuations, with Bitcoin’s decline contrasted with moderate growth in altcoins. Bitcoin Price Today BTC is currently trading at $96,200, with less than a 1% decline in the past 24 hours. Its 24-hour low and high are $95,770 and $97,264, respectively. The market cap is $1.9 trillion, with a trading volume of $32 billion in the last 24 hours. BTC’s market dominance is at 56.21%. It has been consistently trading within this range for the past 20 days. Moreover, Anthony Pompliano recently discussed the risks of MicroStrategy’s Bitcoin strategy , emphasizing the regulatory uncertainty and potential extreme scenarios that could impact the company’s long-term approach to Bitcoin holdings. Ethereum Price Today ETH price is currently trading at $3,690, reflecting a 2% gain in the last 24 hours. Its 24-hour low and high are $3,621 and $3,739, respectively. The market cap is $444 billion, with a trading volume of $31 billion. ETH has risen by 8% in the past week, showing positive momentum. Solana Price Today In the cryptocurrency market today, SOL price has seen a 3% drop in the past 24 hours and is currently trading at $236. Its 24-hour low and high are $234 and $245, respectively. With a market cap of $112 billion and a trading volume of $4 billion, SOL holds a market dominance of 3.31%. It is the 4th largest cryptocurrency by market cap. XRP Price Today XRP price is trading at $1.89, marking a 6% jump in the last 24 hours. It is the biggest gainer among the top 10 coins by market cap. Recently, XRP’s market cap reached $100 billion, securing its position as the 5th largest cryptocurrency by market cap, surpassing BNB. Its 24-hour volume is $15 billion, with a low of $1.80 and a high of $1.954. Meme Crypto Performance Today Meanwhile, the cryptocurrency market today has shown a mixed reaction in the meme crypto sector. Dogecoin (DOGE) price is up by just 1%, currently trading at $0.425. On the other hand, Shiba Inu (SHIB) price surged 13% in the last 24 hours, now trading at $0.00002935. Other meme coins like PEPE, BONK, and WIF have dropped by 1% to 5% in the last 24 hours. CoinGape analysts predict that Shiba Inu has the potential for continued growth. They expect further gains, depending on market conditions and investor sentiment. Top Crypto Gainers Prices Today Core The cryptocurrency market today saw CORE as the top gainer, with its price currently trading at $1.79, reflecting a 28% increase in the last 24 hours. Its 24-hour low and high are $1.38 and $2.03, respectively, showing significant price fluctuations. Theta Network THETA price is trading at $2.86, reflecting a 25% increase in the last 24 hours. Its 24-hour low and high are $2.294 and $3.165, respectively. According to CoinGape analysts, technical analysts are optimistic about THETA’s potential for further gains . The chart provided by “World of Charts” indicates that a breakout from the descending triangle could lead to a rally targeting $9.00, representing a projected 348% surge from current levels. Top Crypto Losers Prices Today Peanut the Squirrel PNUT price is trading at $1.15, with a 24-hour low of $1.13 and a high of $1.278. The coin has seen a 9% decline in the last 24 hours. dogwifhat WIF price is trading at $3.08, reflecting a 6% decline in the last 24 hours. Its 24-hour low and high are $3.06 and $3.30, respectively. The hourly time frame charts continue to show a declining movement for BTC, ETH, and altcoins. This has raised further investor concerns over the cryptocurrency market today. The post Cryptocurrency Market Today Dec 1: BTC Falls Below $96K, SHIB Up 13%, and XTZ Jumps 20% appeared first on CoinGape .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.