Altcoin
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.
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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