Crypto News

Crypto Prices Today: BTC Drops Below $94K, Altcoins Continue to Decline

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Crypto prices today showed Bitcoin (BTC) trading below $94,000, reflecting a bearish trend across the market. Altcoins continued their declines, adding to the overall pressure. FTX Token (FTT) led the gains with a 7% price surge after FTX announced claims processing would begin on January 3, with $16 billion in cash set to be repaid.

Tether (USDT), the largest stablecoin by market cap, risks removal from European exchanges due to MiCA non-compliance. The December 30, compliance deadline has raised concerns among market participants.

The global crypto market has declined by approximately 1.5% over the last 24 hours, standing at $3.29 trillion. However, trading volume saw a 12% rise, reaching $90 billion.

Here’s a brief overview of some leading cryptocurrencies by market cap and their crypto prices today, December 30.

Crypto Prices Today: BTC Falls Below $94K, XRP, and SOL Drop Amid Market Pressure

Crypto prices today saw Bitcoin (BTC) falling below $94,000, marking a sharp decline. Michael Saylor hinted at buying more Bitcoin through his recent post on X, sparking investor interest. Ethereum (ETH) was the only coin in green, registering a 1% price surge amid the market downturn.

Bitcoin Price Today

Bitcoin price was trading at $93,400, with a 1.3% drop in the last 24 hours. Its 24-hour low and high were $93,079 and $95,341, respectively. However, trading volume surged by 40%, reaching $32 billion.

According to SoSo Value, BTC ETF recorded a weekly inflow of $387 million last week, indicating renewed institutional interest. In other news, Bitcoin’s clean energy usage has exceeded 50%, highlighting its progress in sustainability. Elon Musk had previously stated he might accept BTC for payments, leaving the community eager for updates.

Ethereum Price Today

Ethereum (ETH) price was trading at $3,421, reflecting a 1% surge in the last 24 hours. Its 24-hour low and high were $3,327 and $3,434, respectively. ETH ETFs saw a weekly inflow of $349 million, second only to BTC ETFs.

However, concerns loom as Coingape analysts warn of a potential $2,600 crash. This follows a massive inflow of 110K ETH into exchanges, signaling possible sell pressure.

XRP Price Today

XRP price was trading at $2.12, marking an approximate 3% drop in the last 24 hours. Its 24-hour low and high were $2.076 and $2.197, respectively.

Solana Price Today

Solana (SOL) price was trading at $192, reflecting a 1% drop in the last 24 hours. The crypto prices today for SOL revealed a 24-hour low of $188.73 and a high of $197.59, showcasing slight volatility.

Top Crypto Gainer Prices Today

FTX Token

FTX Token (FTT) price was trading at $3.75, showing a 10% rise in the last 24 hours. The crypto prices today for FTT recorded a 24-hour low of $3.416 and a high of $3.826, reflecting strong upward momentum.

Ethena

Ethena (ENA) price was trading at $1, showing an approximate 6% price surge in the last 24 hours. Its 24-hour low and high were $0.91 and $1.01, respectively. Trading volume surged by 45%, reaching $352 million, indicating increased market activity.

Moreover, KuCoin Token (KCS) and Virtuals Protocols (VIRTUAL) have seen gains of 1% to 3% in the last 24 hours. This indicates a positive trend amid the ongoing market fluctuations.

Top Crypto Loser Prices Today

Bitget Token

BGB token became the top loser for today, with an approximate 20% loss in the last 24 hours. Its 24-hour low and high were $6.01 and $7.85, respectively, while trading volume surged by 47%, reaching $1.34 billion.

Pudgy Penguins

PENGU price dropped by 10% and is currently trading at $0.032. Its 24-hour low and high were $0.031 and $0.036, respectively. Despite the recent drop, crypto prices today show that PENGU has surged by 500% in the last month.

Movement (MOVE), OKB, and Beam (BEAM) have seen a drop of approximately 5% in the last 24 hours, reflecting a slight downturn in their prices.

Besides this, the hourly chart is also showing downward momentum, with Bitcoin price down by 0.23%. Other major altcoins are showing a similar pattern, each down by approximately 1% in the last hour.

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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.

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