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The crypto prices today have witnessed robust gains, with most of the major cryptos hitting their yearly highs, suggesting a positive sentiment in the market. Meanwhile, December has brought positivity to the cryptocurrency market, marked by an improved sentiment contributing to gains across various digital assets.
The recent surge in the crypto market comes in line with the optimism over Bitcoin Spot ETF approval, upcoming Bitcoin halving next year, and other related positive sentiments across the market. In addition, the recent dovish remarks from the Fed officials might also have contributed to the recent gains noted in the digital asset space.
Talking about the crypto prices, the Bitcoin price has crossed the $40,000 mark for the first time in over 18 months, marking its new high in 2023. As of writing, the Bitcoin price soared 3.30% over the last 24 hours and traded at $40,709.09, while its trading volume from yesterday jumped 23.18% to $19.63 billion. Notably, the crypto has added nearly 18% in the last 30 days.
In addition, the Ethereum price surged 2.65% to $2,216.27 on Monday, December 4, surpassing the crucial $2,200 mark, suggesting a bullish sentiment in the market. Meanwhile, the crypto has also touched its yearly high of $2,228.01 in the last 24 hours. However, its one-day trading volume fell 5.80% to $9.12 billion.
Among other cryptos, the XRP price jumped 1.55% to $0.6289, with its trading volume rising 58% over the last 24 hours to $1.11 billion. Simultaneously, the Solana price advanced 1.08% to $64.73 during writing, and its volume over the last 24 hours rose $1.30 billion.
The Cardano price witnessed a surge of 2.26% and traded at $0.4064, while its trading volume from yesterday jumped 14.53% to $336.56 million. Meanwhile, the crypto has added around 25% over the last 30 days.
In the meme coin segment as well, the sentiment remained strong, as seen by the advancement in crypto prices. For instance, the Dogecoin price soared 2.38% to $0.0878 at the time of writing, while its trading volume over the last 24 hours jumped 18.8% to $608.02 million. In addition, the Shiba Inu price gained 6.12% to $0.000009066 during writing, while its trading volume skyrocketed 239.49% to $423.31 million.
The gains in most of the major crypto prices have contributed to a 2.59% surge in the global crypto market cap, which stood at $1.52 trillion. Additionally, the total crypto market volume jumped 11.15% to $49.13 billion at the same time. Notably, the crypto market fear and greed index was 75, suggesting a bullish sentiment across the digital asset segment.
Also Read: Ethereum (ETH) Price Gives A Strong Breakout Above $2,200, Next Target $3,500
The Top 4 Cryptos For Today Are
Pepe Coin Rises 6%
The Pepe Coin price advanced 5.79% to $0.000001273 on Monday, while its trading volume over the last 24 hours rose 13.5% to $115.49 million. Although there is no apparent news for the recent surge in its price, it seems that the positive sentiment in the broader market has helped gains in it. Notably, the crypto has added nearly 18% over the last seven days.
Tera Classic (LUNC) Advances 52%
The Terra Classic (LUNC) crypto was among the top gainers in the crypto space on December 4, suggesting that the Terra community is regaining confidence in the market. Meanwhile, the Terra Classic price jumped 51.67% as of writing and traded at $0.0002275, while its trading volume over the last 24 hours skyrocketed 217.39% to $899.45 million, reflecting the strong confidence of the market participants.
ORDI (ORDI) Adds 34%
The ORDI crypto was another top mover in the digital asset space, suggesting a growing interest in the market towards the crypto. Talking about its recent performance, the ORDI price was up 33.80% during the writing and traded at $42.86, while its trading volume over the last 24 hours remained flat at $663.47 million. Notably, the crypto’s price skyrocketed nearly 590% over the last 30 days.
Terra (LUNA) Jumps 33%
The Terra (LUNA) also gained notable traction on December 4 besides its sister token, reflecting the strong confidence of the Terra community. However, it is worth noting that while LUNA and LUNC may appear similar, they exhibit distinct differences. Meanwhile, as of writing, the LUNA price advanced 32.94% to $1.08, while its trading volume from yesterday rocketed 259.6% to $427.77 million.
Also Read: Bitcoin (BTC) Price Smashes Past $40,000 First Time in 18 Months, What’s Next?
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