Altcoin
BTC at $97K, MOVE Gains 30%, ZEREBRO Rises 56%
Crypto prices today are showing bearish momentum as Bitcoin (BTC) fell below $96,000. BTC and ETH ETFs have also seen outflows after a long positive streak. Major altcoins like Ethereum (ETH) and Solana (SOL) declined by 3% to 5%. Despite the downturn, Movement (MOVE) and ZEREBRO emerged as top gainers, with MOVE up by 30% and ZEREBRO rising by 56% in the last 24 hours.
The global crypto market dipped by approximately 2% to $3.34 trillion, while trading volume increased by 3.42% to $280 billion. The fear and greed index remains at 62, signaling continued greed in the market.
Here’s a brief overview of some leading cryptocurrencies by market cap and their prices today, December 20.
Crypto Prices Today: BTC Falls Below $98K, ETH, and SOL Drop, XRP Rises
Bitcoin (BTC) fell below $98,000, marking a bearish shift in the market. Ethereum (ETH) and Solana (SOL) also saw declines, while XRP managed a modest rise. Analysts predict that the BTC sell-off will continue in the coming days, driven by profit-taking and market uncertainties.
Bitcoin Price Today
Bitcoin (BTC) price was trading at $97,617, reflecting a 3% decline in the last 24 hours. Its 24-hour high and low were $102,849 and $95,671, respectively. BTC’s market cap stood at $1.93 trillion, with a trading volume of $94 billion, and its market dominance was recorded at 57.17%.
According to SoSo Value, BTC ETFs have seen significant outflows, with $671 million withdrawn from SoSo Value itself. Fidelity experienced outflows of $208 million, while Grayscale saw $275 million in withdrawals. Ark and 21Shares combined reported outflows totaling $108 million, and data from BlackRock is still awaited.
In other developments, the U.S. SEC has approved Franklin Templeton and Hashdex crypto ETFs for trading on the Nasdaq and Cboe BZX. This approval is expected to bolster Bitcoin and Ethereum’s integration into mainstream financial markets.
Ethereum Price Today
Ethereum (ETH) price was trading at $3,441, reflecting a 6% drop in the last 24 hours. Its 24-hour high and low were $3,721 and $3,334, respectively. Crypto prices today show ETH’s market cap at $413 billion, with a trading volume of $57 billion.
ETH ETFs recorded outflows of $60 million, with Grayscale selling $61 million worth of ETFs on Thursday. Fidelity made a smaller purchase of $5 million, while BlackRock’s ETF data is still awaited. This aligns with the bearish trend in crypto prices today.
In other developments, the crypto market saw a significant $1.19 billion liquidation. Bitcoin, Ethereum, and XRP led the losses, highlighting the ongoing volatility in the crypto ecosystem.
XRP Price Today
XRP price was trading at $2.33, up 1% in the last 24 hours. Its 24-hour high and low were $2.42 and $2.17, respectively. Crypto prices today highlight XRP’s market cap at $133 billion, with a trading volume of $21 billion, making it the fourth-largest cryptocurrency by market cap.
In other news, RLUSD stablecoin launched on December 17, leading to increased market activity. However, since the launch, XRP has experienced a sharp decline, crashing by over 15%. This highlights ongoing volatility despite the slight recovery in crypto prices today.
Solana Price Today
Solana (SOL) price was trading at $197, marking a 5% decline in the last 24 hours. Its 24-hour high and low were $212 and $188, respectively. Crypto prices today show SOL’s market cap at $94 billion, with a trading volume of $7.55 billion.
In other news, Solana’s meme coin, Fartcoin has seen an impressive surge, rising by 500% in just 11 days. This remarkable rally underscores the growing interest in meme coins within the crypto market, even as major cryptocurrencies like SOL face downward pressure.
Meme Crypto Prices Today
Meme cryptocurrencies have also witnessed bearish momentum, reflecting the broader market trend. Top meme coin Dogecoin (DOGE) dropped by 10% and was trading at $0.32. Shiba Inu (SHIB) followed suit, declining by 8% to $0.00002232.
Other notable meme coins, including PEPE, BONK, and WIF, experienced losses ranging from 3% to 9%. Crypto prices today highlight the pressure on meme coins alongside major cryptocurrencies.
Top Crypto Gainer Prices Today
Zerebro
Zerebro (ZEREBRO) price surged by 56% and is now trading at $0.43. Its 24-hour low and high were $0.2654 and $0.4584, respectively. Crypto prices today show ZEREBRO’s market cap at $427 million, with a trading volume of $114 million, highlighting its strong performance in the last 24 hours.
Movement
Movement (MOVE) price rose by 30% and is now trading at $0.86, making it the second top gainer for today. Its 24-hour low and high were $0.69 and $0.87, respectively, reflecting strong upward momentum in the last 24 hours.
Flare
Flare (FLR) price increased by 7% and is now trading at $0.028. Its market cap stands at $1.56 billion, with a trading volume of $26 million, reflecting positive movement in the market.
Top Crypto Loser Prices Today
Pudgy Penguins
Pudgy Penguins (PENGU) became the worst performer for today, with a 14% drop in price. It was trading at $0.028, with a 24-hour low of $0.026 and a high of $0.034. Despite the decline, crypto analysts are optimistic, predicting that PENGU could hit a $10 billion market cap again soon.
Lido DAO
Lido DAO (LDO) price dropped by 12% and is now trading at $1.625. Its 24-hour low and high were $1.54 and $1.853, respectively, reflecting a significant decline in the last 24 hours. Crypto prices today show LDO’s struggle amid broader market pressures.
Ethena
Ethena (ENA) price dropped by 11% and is now trading at $0.99. Its 24-hour low and high were $0.93 and $1.195, respectively. Crypto prices today highlight ENA’s market cap at $2.91 billion, with a trading volume of $1 billion.
In other news, Ethena Labs has announced a partnership with Donald Trump’s World Liberty Financial, which could bring new developments for the project in the future.
Besides this, the hourly chart is also showing bearish momentum, with Bitcoin (BTC) down by half a percent in the last hour. Major altcoins like Ethereum (ETH) and XRP are down by 1% in the last hour, reflecting the overall decline in crypto prices today.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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