The crypto prices today have seen substantial price increases, indicating heightened investor confidence across major digital assets. Meanwhile, several market watchers also see this positive momentum as a start of the Santa Claus rally.
The market has gone through volatile trading this week, as investors and whales seem to have taken a holiday pause. Notably, almost all the major cryptos have noted some losses so far this week, which has dampened hopes over a year-end rally of many investors. However, the recent run towards the north has boosted the confidence of the crypto market enthusiasts.
Talking about the crypto prices, the Bitcoin price was up 2.65% to $43,446.82 during writing, with its trading volume slipping 15.15% to $25.94 billion. With the recent gains, the largest crypto by market cap has added almost 17% over the last week, while staying near the flatline over the last seven days.
Simultaneously, the Ethereum price noted robust gains of 8.26% and traded at $2,407.63 at the time of writing on December 28. Its trading volume also jumped 54.88% to $16.76 billion. On the other hand, the BNB price was up 13% to $327.30, with its one-day volume dropping 5% to $1.98 billion.
In contrast, the Solana price noted a gloomy scenario, losing 5.51% over the last 24 hours to $104.36. Its trading volume also dropped 28.69% to $4.33 billion. Meanwhile, the Cardano price was up 12% to $0.6643 at the time of writing, and its trading volume rose 24.77% to $1.10 billion.
The meme coins segment also stayed in the positive territory, with the Dogecoin price jumping 4.28% to $0.09432, and its one-day volume falling 18.8% to $466.83 million. In addition, the Shiba Inu price was up 5.03% to $0.00001093 during writing.
Meanwhile, the gains in the major crypto prices have helped the market to witness a robust surge on Thursday. As of writing, the global crypto market cap was up 4.41% to $1.71 trillion, and its trading volume was down 3.37% to $79.79 billion. Notably, the fear and greed index stayed at 73, suggesting a “greed” sentiment in the broader digital asset space.
Also Read: Ethereum (ETH) Price Jumps 9% Above $2,400, Beginning of 2024 Bull Run?
Pepe Coin is one of the leading players in the meme coin space that has gained traction this year, as evidenced by some of its bull runs. Meanwhile, as of writing on December 28, the Pepe coin price was up 11.57% and traded at $0.000001467, while its trading volume over the last 24 hours soared 29% to $150.62 million. Despite recent losses, it has added over 16% over the last seven days.
The Bitcoin SV price was up 63.09% to trade at $86.10 at the time of writing on Thursday, suggesting a growing interest from the market participants. The recent gains also marked the crypto as a top percentage gainer in the market today. Meanwhile, the trading volume of the crypto skyrocketed 828.68% to $590.21 million during writing.
The Aave crypto was another top mover in the digital asset space on December 28 amid a rally in the broader crypto market. At the time of writing, the Aave price increased by 25.44% to $126.18, while its trading volume jumped 72.74% to $473.28 million. Notably, the crypto has added nearly 33% over the last seven days.
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