Cryptocurrency

Latest Crypto Update (Dec 11th, 2024): Bitcoin Reaches $98,000

The cryptocurrency market continues to ride a bullish wave, witnessing a notable uptick in its overall valuation. As of today, the global market cap has advanced by 0.89%, reaching an impressive $3.5 trillion. Accompanying this growth, trading volumes have surged significantly, climbing 18.58% to a substantial $275.6 billion. Reflecting the buoyancy in market sentiments, the Fear & Greed Index has ascended to 73, an indicator of prevailing market “Greed”.

Bitcoin Today: BTC Price Holds Steady Above $98k

Bitcoin (BTC) has experienced a modest rise of 1.02% over the past 24 hours, currently valued at $98,381.10. Despite the relatively small price change, BTC’s trading volume has increased by 15.11% to $95.68 billion. Bitcoin continues to dominate the crypto landscape with a market share of 55.56%, underscoring its influence and stability in the market. For a more in-depth exploration of Bitcoin’s future, delve into our Bitcoin Price Prediction analysis.

Altcoin Watch Today: XRP Leads with an 8.31% Surge

The altcoin market presented a mixed bag of results today. Ethereum registered a slight increase of 0.22%, trading at $3,728.12, while Solana saw a healthy rise of 5.06% to reach $225.13. However, it was XRP that stole the spotlight, surging by 8.31% to $2.36, reflecting heightened investor confidence. For those eyeing Ethereum’s trajectory, take a look at our detailed Ethereum Price Prediction.

Top Gainers in the Crypto Market

  • Bitget Token (BGB): A remarkable surge of 22.99%, now valued at $3.26.
  • Raydium (RAY): Experienced a growth of 20.62%, trading at $5.47.
  • XDC Network (XDC): Increased by 14.22%, reaching $0.09229.

Top Losers in the Crypto Market

  • Movement (MOV): A decline of 14.39%, currently at $0.6841.
  • Curve DAO Token (CRV): Decreased by 6.23%, priced at $1.09.
  • Maker (MKR): Fell by 5.36%, now trading at $1,828.82.

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Frequently Asked Questions

How much does 1 BTC cost today?

As of now, 1 Bitcoin (BTC) is priced at $98,381.10.

Which tokens have surged the most today?

The top gainers today include Bitget Token, Raydium, and XDC Network, showcasing significant percentage increases.

How has Ethereum performed today?

Ethereum (ETH) has seen a modest rise of 0.22% in the past 24 hours, with its current price standing at $3,728.12.

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