Crypto Prices Today: Bitcoin, Pepe Coin Tumble As HNT Takes The Lead

Rupam Roy
December 18, 2023
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Crypto Market Today Jan 31: BTC & Altcoins Turbulent Ahead Of US PCE Data

The crypto prices today were in the red, continuing the downward trend from last week, as the investors seem to be taking a break ahead of the holiday season. Notably, the market has so far witnessed a positive trading scenario over the last few weeks, before falling into the negative territory in the prior week.

Now, many investors are expecting a Santa Claus rally in the crypto market, which might again send the major cryptos to their new highs. However, some have also argued that there could be a small dump in the market, as some market participants and whales will go for a holiday break during this time.

Talking about the crypto prices, the Bitcoin price fell 1.96% over the last 24 hours to $41,147.58, while its trading volume rose 35.71% to $18.65 billion. However, despite the recent losses, the largest crypto market cap has added nearly 13% in the last 30 days.

Among other major cryptos, the Ethereum price plunged 1.96% and traded at $2,176.46, with its trading volume rising 25.32% to $8.10 billion in the same time frame. Simultaneously, the XRP price dipped 2.20% to $0.6065, and its trading volume jumped 29.93% to $953.19 million.

The Solana price also reflected a similar downturn trend witnessed in the market, and slipped 5.23% to $70.00 during writing. In addition, the Cardano price was down 6.1% to $0.5751, while its trading volume jumped 9.39% to $611.62 million.

In the meme coins segment, the Dogecoin price plummeted 3.53% to $0.09219, and its trading volume over the last 24 hours dropped by 1.25% to $499.07 million. Another top meme coin, the Shiba Inu price also plunged 7.6% to $0.00001007 during writing, and its one-day volume fell 46.09% to $411.0 million.

The slump in the major crypto prices has wiped off 2.32% of the global crypto market from yesterday and left it at $1.55 trillion. However, the trading volume surged 11.13% to $50.95 billion in the same time frame. Meanwhile, the fear and greed index in the crypto market was at 70, suggesting a “greed” sentiment in the market.

Also Read: FTX Plans to End Bankruptcy Soon, Return Billions to Creditors

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The Top Cryptos For Today Are

Pepe Coin Loses 6%

The Pepe Coin was in negative territory on Monday, December 18, reflecting the gloomy sentiment witnessed in the broader market. Meanwhile, as of writing, the Pepe Coin price decreased by 5.81% to trade at $0.000001323, while its trading volume plummeted 35.23% to $80.93 million.

Pepe Coin Chart
Pepe Coin Chart

Helium (HNT) Jumps 8%

The Helium crypto was among the top percentage movers in the crypto market on Monday, defying the current market trend. The Helium price soared 8.16% and traded at $7.70 during writing, while its trading volume over the last 24 hours jumped 13.85% to $51.47 million. Notably, over the last seven days, the crypto has added over 52%.

Helium Crypto Chart
Helium Crypto Chart

FTX Token (FTT) Soars 6%

FTX Token was another top gainer in the digital asset space on Monday, suggesting that the investors are shifting their focus to the crypto. Meanwhile, as of writing, the FTX Token has added 5.91% and traded at $3.80, while its one-day trading volume fell 17.33% to $90.18 million. The crypto has also added 27% in the past 30 days.

FTT Crypto Chart
FTT Crypto Chart

Also Read: XRP Price Can Face 10% Pullback to $0.55 As Per Technical Charts

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.