Cryptocurrency

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

The cryptocurrency market is currently experiencing a bullish wave, with the global market cap showing an increase of 0.89%, reaching an impressive $3.5 trillion. Concurrently, trading volume surged by 18.58%, hitting $275.6 billion. Reflecting the optimistic market sentiment, the Fear & Greed Index has risen to 73, indicating a prevailing sense of “Greed” among investors.

Bitcoin Today: BTC Price Holds Steady Above $98k

Bitcoin (BTC) continues to solidify its position with a 1.02% rise over the past 24 hours, trading at $98,381.10. Although the price change was modest, the trading volume recorded a significant jump of 15.11%, reaching $95.68 billion. Bitcoin maintains a dominant market share of 55.56%, underscoring its influential role in the crypto ecosystem. For an in-depth analysis of Bitcoin’s future, delve into our Bitcoin Price Prediction insights.

Altcoin Watch: XRP’s Remarkable 8.31% Surge

Among the leading altcoins, performances varied considerably today. Ethereum recorded a slight uptick of 0.22%, settling at $3,728.12, while Solana saw a more substantial increase of 5.06%, reaching $225.13. However, XRP emerged as the standout performer with an impressive 8.31% rise, climbing to $2.36, reflecting strong investor optimism. Curious about Ethereum’s potential future? Explore our Ethereum Price Prediction.

Today’s Top Gainers

  • Bitget Token (BGB): Experienced a remarkable surge of 22.99%, now trading at $3.26.
  • Raydium (RAY): Gained 20.62%, reaching $5.47.
  • XDC Network (XDC): Rose by 14.22%, with its price at $0.09229.

Today’s Top Losers

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

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Frequently Asked Questions (FAQs)

How much does 1 BTC cost today?

The current price of 1 Bitcoin (BTC) is $98,381.10.

Which tokens have surged the most today?

Today’s top gainers include Bitget Token, Raydium, and XDC Network, each showing significant percentage increases.

How has Ethereum performed today?

Ethereum (ETH) experienced a slight increase of 0.22% over the past 24 hours, with its current trading price at $3,728.12.

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