Cryptocurrency Market Today Dec 13: BTC Reclaims $100K, Altcoins Falter
Highlights
- Bitcoin (BTC) price reclaimed above $100K, while Ethereum (ETH) fell under $3900 today.
- Aave (AAVE) and Chainlink (LINK) pared 20% gains after profit booking.
- Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) showed bearish trends today.
Today, the cryptocurrency market remains steady, with Bitcoin (BTC) and most major altcoins losing 1% to 2% in the last 24 hours. Bitcoin traded within a range, while Ethereum (ETH) trades in range. Aave (AAVE) and Chainlink (LINK) saw a 20% surge, but saw profit booking in early US hours. Trump family’s crypto project World Liberty again purchased large amounts of ETH, AAVE, and LINK.
The global cryptocurrency market cap fell by 1%, now at $3.58 trillion. Moreover, the overall trading volume declined by 8%, now at $199 billion. Meanwhile, the Fear and Greed Index indicated a score of 78, reflecting strong market greed. Here’s a closer look at some top cryptocurrencies by market cap and their prices today, December 13.
Cryptocurrency Market Today: BTC at $100K, But XRP, SOL and ETH Fell
Bitcoin (BTC) price remained within a narrow range ner $100K, while Ripple (XRP) and Solana (SOL) also saw marginal losses. Ethereum (ETH), on the other hand, gained 2%, reflecting resilience amidst market fluctuations.
Bitcoin Price Today
Bitcoin (BTC) price was trading at $100,1300, down slightly over the last 24 hours. Its 24-hour low and high ranged between $99,210 and $102,501, reflecting minor volatility. The market cap of Bitcoin stood at $1.98 trillion, with a trading volume of $68 billion in the same period.
According to Farside Investor, Bitcoin’s (BTC) total ETF inflows reached $597 million, with $431 million coming from BlackRock, signaling continued institutional interest. Grayscale purchased $110 million worth of BTC, while Bitwise and Fidelity contributed $61 million and $30 million, respectively. The strong inflows reflect growing confidence in Bitcoin, particularly with BlackRock’s significant contribution.
In related developments, Nano Labs Ltd, a Chinese fabless integrated circuit design company, disclosed its Bitcoin holdings. This revelation highlights the growing adoption of cryptocurrency among technology firms.
Ethereum Price Today
Ethereum (ETH) price was trading near $3,900. The 24-hour low and high ranged between $3,836 and $3,986, indicating moderate price fluctuations. The market cap of ETH stood at $471 billion, with a trading volume of $43 billion during the same period.
The Ethereum ETF saw significant inflows of $273 million, with $202 million coming from BlackRock, reflecting strong institutional interest. Grayscale contributed $51 million, while Fidelity added $19 million.
XRP Price Today
XRP price was trading at $2.34, reflecting a 3% decline over the last 24 hours. The 24-hour low and high ranged between $2.313 and $2.481, indicating moderate price fluctuations. XRP’s market cap stood at $134 billion, with a trading volume of $11 billion. Despite the decline, XRP continues to hold its position as the fourth-largest cryptocurrency by market cap in the cryptocurrency market today.
In other news, Ripple minted RLUSD worth over $13 million ahead of its expected launch. This move marks a significant step as Ripple expands its offerings and prepares for further adoption of its stablecoin in the crypto space.
Solana Price Today
Solana (SOL) price was down by approximately 2%, now trading at $225. Its 24-hour low and high ranged between $224 and $234, reflecting moderate volatility. With a market cap of $108 billion and a trading volume of $5 billion, Solana remains one of the top contenders in the cryptocurrency market today.
In other news, Solana has ended Ethereum‘s eight-year streak to become the leading ecosystem for new developers this year. This shift highlights Solana’s growing dominance and appeal among developers, marking a significant milestone in the blockchain space.
Meme Cryptocurrency Market Today
Meanwhile, the top meme coins have shown a bearish trend, with Dogecoin (DOGE) down by 2.47%, trading at $0.40. Shiba Inu (SHIB) also faced a 5% decline, now trading at $0.00002805. Other notable meme coins like PEPE, BONK, and WIF are down by 7% to 8%, reflecting the overall downturn in this segment of the cryptocurrency market today.
Top Crypto Gainers Prices Today
Aave
Aave (AAVE) price was trading at $371, showing a significant 20% increase from the last 24 hours. Its 24-hour low and high ranged between $341 and $385, reflecting strong price movement. In addition, Trump Family Office World Liberty has added AAVE, Ethereum (ETH), and Chainlink (LINK) to its portfolio, signaling growing institutional interest in these cryptocurrencies.
Chainlink
Chainlink (LINK) price was trading at $28.56, reflecting a 7% increase over the last 24 hours after profit booking. It was one of the top gainers in the cryptocurrency market today. Its 24-hour low and high ranged between $26.89 and $30.80. With a market cap of $18 billion and a trading volume of $4 billion, LINK continues to show strong performance despite overall market fluctuations.
Lido DAO
LDO price was trading at $2.20, reflecting an 18% increase from the last 24 hours. Its 24-hour low and high ranged between $1.99 and $2.37, showcasing significant price movement during the period.
Top Crypto Losers Prices Today
Movement
MOVE price was trading at $0.62, making it the top loser for today. It was down by 10%, with its 24-hour low and high ranging between $0.61 and $0.71, reflecting a notable decline in its value.
Bittensor
TAO price was the second top loser for today, experiencing a 9% drop in the last 24 hours. It was trading at $573, with its 24-hour low and high ranging between $568 and $638, reflecting significant price volatility during the period.
Algorand
ALGO price was trading at $0.42, reflecting an 8% drop in the past 24 hours in the cryptocurrency market today. Its 24-hour low and high ranged between $0.41 and $0.47, showing some volatility during this period.
The hourly chart in the cryptocurrency market today is showing mixed reactions. Bitcoin (BTC) is up in the last hour, reflecting a positive trend, while major altcoins are showing negative gains during the same period. This shift highlights the fluctuating dynamics within the cryptocurrency market today.
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