Web Analytics
CoinGape
2024-12-07 04:08:29

Crypto Prices Today December 7: Bitcoin Back to $100K, XRP Up 6%, XDC Jumps 36%

Today, the cryptocurrency market is bullish, with Bitcoin (BTC) surging above the $100,000 mark, as crypto prices today show strong momentum. This follows a volatile period where BTC had dropped to $92,000 after its all-time high. Ripple’s XRP has gained 6% after three consecutive days of downward movement. Meanwhile, XDC Network has emerged as the top gainer, with an impressive 36% jump in its price. The crypto market rose by over 2%, bringing its total market capitalization to $3.67 trillion. However, trading volume has decreased by 31%, standing at $250 billion. Here is a quick overview of the top cryptocurrencies by market capitalization and their price movements for today, December 7. Crypto Prices Today: BTC, ETH, SOL, and XRP The crypto market is gaining momentum after Bitcoin surged back to $100,000. Major altcoins have shown positive movement in the last 24 hours, except for Solana, which is down by 3%. Top meme coins are also riding the bullish wave, recording gains between 1% and 4% during the same period. The market’s overall sentiment appears optimistic, with several cryptocurrencies experiencing upward trends. Bitcoin Price Today Bitcoin (BTC) price was trading at $100,101, marking a 3% increase in the last 24 hours. Its 24-hour low and high were $97,138 and $101,902, respectively. Bitcoin’s market capitalization stood at $1.98 trillion, with a trading volume of $86 billion and a market dominance of 53.87%. As per SoSo Value , the Bitcoin ETF market had seen significant inflows, with $119 million added on Friday, although BlackRock’s data was still awaited. Fidelity had contributed $120 million to BTC ETFs, while Ark Invest and 21Shares collectively recorded $24 million in inflows. Additionally, the rising Bitcoin price has driven increased demand, creating pressure on mining activities. This surge has also led to heightened energy consumption from national grids to sustain mining operations. Ethereum Price Today ETH price was trading at $4,000, marking an approximate 4% increase at the time of writing. Its 24-hour low and high were $3,831 and $4,087, respectively. Ethereum’s market capitalization stood at $480 billion, with a trading volume of $50 billion. It remained the second-largest cryptocurrency, with a market dominance of 13.11%. The ETH ETF had seen an inflow of $49 million, with $47 million coming from Fidelity Investments. Bitwise had bought $13 million of the ETF, while BlackRock’s data was still pending. In other important news, Galaxy Research addressed the growing debate within the Ethereum community on whether to increase or decrease the Ethereum gas limit. This discussion has been a focal point for many, with Galaxy Research offering valuable insights. XRP Price Today XRP price was trading at $2.428, with a 24-hour high of $2.497. It was up by 6% in the last 24 hours, making it one of the top gainers among the top 10 cryptocurrencies. XRP’s market capitalization stood at $139 billion, with a trading volume of $14 billion. It remained the third-largest cryptocurrency by market cap. Moreover, crypto analyst Justin Bennett predicted that the XRP price could rally to $3 as a whale moved $47 million to the Bitstamp exchange. This development could signal potential upward momentum for XRP in the coming days. Solana Price Today Solana (SOL) price was trading at $235, down by 3% from the last 24 hours. Its 24-hour low and high were $231 and $242, respectively. Solana’s market capitalization stood at $111 billion, with a trading volume of $5.42 billion. The price decline was attributed to the SEC’s rejection of Solana ETF filing . This news hurt the cryptocurrency, leading to its recent drop in value. Meme Crypto Prices Today The top meme coin Dogecoin (DOGE) price was slightly up from yesterday, trading at $0.434 with a 24-hour high of $0.44. Shiba Inu (SHIB) was also minimally up, trading at $0.0000307. Other meme coins like PEPE, WIF, and BONK were down by 1% to 3% in the last 24 hours. The overall sentiment in the meme coin market showed mixed performance, with some coins experiencing slight gains while others faced declines. Crypto prices today reflect the ongoing volatility in the meme coin market. Top Crypto Gainer Prices Today XDC Network XDC price was the top gainer in the last 24 hours, with a 36% increase, trading at $0.1031. Its 24-hour low and high were $0.07522 and $0.1037, respectively. XDC’s market capitalization stood at $1.55 billion, reflecting significant growth during this period. Crypto prices today highlight XDC’s strong performance as it continues to attract attention in the market. Mog Coin MOG price was up by 24%, trading at $0.00000395. Its 24-hour high was $0.00000401 USDT. MOG’s market capitalization stood at $1.54 billion, reflecting a strong performance in the last 24 hours. The price jump is attributed to the announcement of upcoming listing plans on Coinbase , which has generated positive market sentiment. Hedera HBAR price was up by 19% at the time of writing, with a 24-hour low of $0.2767 and a high of $0.3741. Its market capitalization stood at $13 billion. Crypto prices today reflect HBAR’s strong performance, continuing to show significant gains in the market. Top Crypto Loser Prices Today Jupiter Jupiter (JUP) price was the worst performer in the top 100 coins, down by 4% in the last 24 hours. It was trading at $1.33, with a 24-hour low of $1.30 and a high of $1.394. Raydium RAY price was down by 3%, trading at $4.85. Its 24-hour low and high were $4.801 and $5.096, respectively. Crypto prices today show a slight decline in RAY’s value during this period. The hourly chart is showing a bearish trend in the 1-hour time frame, with Bitcoin down by 1%. Major altcoins are also following a similar pattern, reflecting a slight downturn across the market. Crypto prices today indicate a temporary decline as the market experiences short-term pressure. The post Crypto Prices Today December 7: Bitcoin Back to $100K, XRP Up 6%, XDC Jumps 36% 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.