Cryptocurrency prices today are on an upswing, with Bitcoin (BTC) climbing back above $98K after dipping to $92K. Leading altcoins like Ethereum (ETH) and XRP have also posted gains, signaling renewed optimism in the market
Hyperliquid (HYPE) and Virtual Protocol (VIRTUAL) emerged as top gainers. Hyperliquid’s price surge follows Bitget’s announcement of listing its token on their exchange, while Virtual Protocol’s increase is attributed to the launch of their GAME SDK.
The global crypto market has also risen, reaching $3.38 trillion, up by approximately 0.5% in the last 24 hours. Trading volume surged by 10%, hitting $301 billion, showcasing increased activity in the market.
Cryptocurrency prices today reflect a positive shift, with Bitcoin (BTC) trading above $98K and major altcoins like Ethereum (ETH), XRP, and Solana (SOL) posting gains. Meme coins, including Dogecoin and Shiba Inu, also showed signs of recovery after recent declines.
Bitcoin (BTC) price was trading at $98,412, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $92,210 and $98,136, respectively. The market cap stood at $1.93 trillion, with a trading volume of $100 billion, while BTC’s market dominance was recorded at 56.83%.
According to SoSo Value, BTC ETFs experienced outflows of $204 million, marking the second consecutive day of outflows after a long period. Additionally, Ark & 21Shares reported outflows of $87 million, while Fidelity recorded $71 million in withdrawals.
Also, Michael Saylor unveiled a mechanism demonstrating how the U.S. could generate $81 trillion by establishing a Strategic Bitcoin Reserve. This proposal has sparked discussions on leveraging Bitcoin for national financial strategies.
Ethereum (ETH) price was trading at $3,466, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $3,099 and $3,497, respectively. Cryptocurrency prices today highlight ETH’s market cap at $417 billion, with a trading volume of $62 billion and a market dominance of 12.32%.
ETH ETFs saw an inflow of $28 million, with Fidelity purchasing $13 million worth of ETFs. Grayscale followed closely buying $15 million in ETFs. Moreover, Donald Trump’s World Liberty Financial has reportedly accumulated more ETH during the recent price dip. This development underscores growing institutional interest in Ethereum despite market volatility.
XRP price was trading at $2.31, reflecting a 0.5% increase in the last 24 hours. Its 24-hour low and high were $1.97 and $2.338, respectively. Cryptocurrency prices today show XRP’s market cap at $130 billion, with a trading volume of $26 billion. It remains the fourth-largest cryptocurrency by market cap, with a market dominance of 3.86%.
In other news, Ripple has pledged $5 million in its native XRP token to support President-elect Donald Trump’s inauguration. This move highlights Ripple’s strategic initiatives and its commitment to fostering global partnerships.
Solana (SOL) price was trading at $193, with a 24-hour low of $175 and a high of $197. Cryptocurrency prices today show SOL’s market cap at $92 billion and a trading volume of $9 billion in the last 24 hours. Meanwhile, crypto analytics platform Glassnode reported significant capital movement across Solana assets, indicating heightened investor activity and interest in the Solana ecosystem.
Meme coins have also followed the trend of major altcoins, with Dogecoin (DOGE) up by 1%, trading at $0.32. Similarly, Shiba Inu (SHIB) was also up by approximately 1%, trading at $0.00002259. Other top meme coins like PEPE, BONK, and WIF saw increases ranging from 2% to 9% in the last 24 hours, as cryptocurrency prices today show positive momentum in the meme coin market.
Hyperliquid (HYPE) price surged by 35% in the last 24 hours, trading at $31.97. Its 24-hour low and high were $22.96 and $32.23, respectively. Cryptocurrency prices today highlight HYPE’s market cap at $8.69 billion, with a trading volume of $583 million.
Virtual Protocol price also saw a 25% gain, trading at $2.734. Its 24-hour low and high were $2.03 and $2.842, respectively. The market cap stands at $2.73 billion.
Ethena (ENA) price rose by 16%, trading at $1.16. Its 24-hour low and high were $0.85 and $1.224, respectively. In other news, Ethena Labs has partnered with Trump-backed WLFI to boost stablecoin liquidity and rewards by adding sUSDe as core collateral on Aave.
Aptos (APT) price became the top loser for today, falling by 13% in the last 24 hours. It was trading at $10.23, with a 24-hour low and high of $9.90 and $11.77, respectively. The price drop is attributed to the resignation of Mo Shaikh, the co-founder and CEO of Aptos Labs, which has caused concerns within the community.
Hedera (HBAR) became the second worst performer for today, with a 4% price drop, trading at $0.2688. Its 24-hour low and high were $0.23 and $0.28, respectively, with a market cap of $10 billion. In other news, the Hedera Foundation has announced Charles Adkins as its new CEO, effective January 1, 2025.
Besides this, the hourly chart is showing a rebound in the crypto market after yesterday’s flash crash. Bitcoin (BTC) and major altcoins are showing positive momentum, indicating a recovery in cryptocurrency prices today.
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