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Crypto News Today (Dec 21, 2024): Bitcoin at $97k, as Market Stabilizes?

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The post Crypto News Today (Dec 21, 2024): Bitcoin at $97k, as Market Stabilizes? appeared first on Coinpedia Fintech News

The crypto market today has been stabilizing after a slump over the past 2 days. The renewed hope has led to the market cap rising by 2.48% to reach $3.37 trillion. While the intraday trading volumes dipped notably by 42.36% to $207.62 billion, the overall market sentiment remains bullish, with the Fear & Greed Index highlighting a “Greed” score of 62.

Bitcoin Price Holds Steady

Bitcoin today has been holding its ground at $97,252.93, with a minor gain of 0.11% over the previous day. Its dominance remains robust, contributing $1.92 trillion to the global market cap, even as trading volumes drop by 49.55% to $62.25 billion. Investors remain optimistic, driven by the stable performance amidst broader market corrections.

Altcoin Watch: ETH, SOL Prices Slip, XRP Gains

Altcoins are painting a varied picture. Ethereum price dipped slightly by 0.40%, trading at $3,373.96, while Solana faced a sharper decline of 2.45% to $184.95. XRP, on the other hand, gained 0.43%, trading at $2.24, showcasing resilience among select assets.

For insights into Bitcoin’s future, explore our Bitcoin Price Prediction .

Top Gainers and Losers

Among the top gainers, MOVE led the charts with an impressive 23.79% surge, reaching $1. VIRTUAL followed closely with a 15.06% gain, priced at $2.67, and PENGU rose by 13.75%, trading at $0.0303.

For Ethereum’s detailed analysis, check out our Ethereum Price Prediction .

On the flip side, APTOS saw the steepest drop, sliding by 6.92% to $9.89. HBAR and KAS also faced declines of 2.86% and 2.81%, respectively, reflecting a mixed sentiment in the broader altcoin market.

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FAQs

What is the current market sentiment?

The Fear & Greed Index is at 62, indicating “Greed,” reflecting positive investor sentiment.

Which coins performed the best today?

MOVE, VIRTUAL, and PENGU were the top performers, with gains of 23.79%, 15.06%, and 13.75%, respectively.

How has Bitcoin performed today?

Bitcoin has gained 0.11% in the last 24 hours, trading at $97,252.93.

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