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Home»Market»BTC falls below $96,000, SHIB up 13% and XTZ jumps 20%
Market

BTC falls below $96,000, SHIB up 13% and XTZ jumps 20%

December 1, 2024No Comments4 Mins Read
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The current cryptocurrency market has fueled speculation among global investors as Bitcoin and major altcoins have shown declining price movements. XRP climbed 6% among the top 10 coins, while Shiba Inu and Tezos posted impressive gains of 13% and 20%, respectively. Core (CORE) became the biggest gainer today with a remarkable 28% rise.

The global crypto market cap increased by 0.35%, reaching $3.39 trillion. However, the total market volume saw a decline of 9%, standing at $155 billion.

Here’s a quick look at some of the top cryptocurrencies by market cap and their prices today, December 1st.

Cryptocurrency market today: BTC falls, ETH up 2% and XRP gains 5%

The price of BTC fell significantly today, briefly reaching $95,800. Meanwhile, ETH saw a 2% increase and XRP gained between 5% and 6%. The market has seen fluctuations, with the decline of Bitcoin contrasting with moderate growth in altcoins.

Bitcoin price today

BTC is currently trading at $96,200, down less than 1% in the last 24 hours. Its 24-hour low and high are $95,770 and $97,264, respectively. The market capitalization is $1.9 trillion, with a trading volume of $32 billion in the last 24 hours. BTC’s market dominance is 56.21%. It has been trading consistently within this range for the past 20 days.

Additionally, Anthony Pompliano recently discussed the risks of MicroStrategy’s Bitcoin strategy, highlighting regulatory uncertainty and potential extreme scenarios that could impact the company’s long-term approach to holding Bitcoin.

Ethereum price today

ETH price is currently trading at $3,690, reflecting a 2% gain over the past 24 hours. Its 24-hour low and high are $3,621 and $3,739, respectively. The market capitalization is $444 billion, with a trading volume of $31 billion. ETH rose by 8% last week, showing positive momentum.

Solana Price Today

In the cryptocurrency market today, SOL price saw a 3% decline in the last 24 hours and is currently trading at $236. Its 24-hour low and high are $234 and $245, respectively. With a market capitalization of $112 billion and a trading volume of $4 billion, SOL holds a market dominance of 3.31%. It is the 4th largest cryptocurrency by market capitalization.

XRP price today

XRP price is trading at $1.89, marking a 6% jump in the last 24 hours. It is the biggest gainer among the top 10 tokens by market capitalization. Recently, the market capitalization of XRP reached $100 billion, securing its position as the 5th largest cryptocurrency by market capitalization, surpassing BNB. Its 24-hour volume is $15 billion, with a low of $1.80 and a high of $1.954.

Meme Crypto performance today

Meanwhile, the cryptocurrency market today showed a mixed reaction in the cryptocurrency sector. The price of Dogecoin (DOGE) has only increased by 1%, currently trading at $0.425. On the other hand, Shiba Inu (SHIB) price jumped 13% in the last 24 hours, now trading at $0.00002935. Other meme coins like PEPE, BONK and WIF fell by 1% to 5% in the last 24 hours.

CoinGape analysts predict that Shiba Inu has the potential for continued growth. They expect further gains, depending on market conditions and investor sentiment.

Best Crypto Winners Prices Today

Heart

The cryptocurrency market today saw CORE as the biggest winner, with its price currently trading at $1.79, reflecting a 28% increase in the last 24 hours. Its 24-hour low and high are $1.38 and $2.03 respectively, showing significant price fluctuations.

Theta Network

THETA price is trading at $2.86, reflecting a 25% increase over the past 24 hours. Its 24-hour low and high are $2.294 and $3.165, respectively. According to CoinGape analysts, technical analysts are optimistic about THETA’s potential for further gains. The chart provided by “World of Charts” indicates that a breakout of the descending triangle could lead to a rally targeting $9.00, which represents a projected 348% upside from current levels.

Best Crypto Losers Prices Today

Peanut the squirrel

PNUT price is trading at $1.15, with a 24-hour low of $1.13 and a high of $1.278. The coin saw a 9% decline in the last 24 hours.

dogwifhat

WIF price is trading at $3.08, reflecting a 6% decline over the past 24 hours. Its 24-hour low and high are $3.06 and $3.30, respectively.

Hourly charts continue to show downward movement for BTC, ETH and altcoins. This has sparked new concerns among investors regarding the cryptocurrency market today.

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CoinGape includes an experienced team of native content writers and editors working around the clock to cover global news and present news as fact rather than opinion. CoinGape writers and journalists contributed to this article.

Disclaimer: Content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.





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bitcoin
Bitcoin (BTC) $ 103,393.70
ethereum
Ethereum (ETH) $ 2,447.88
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.41
bnb
BNB (BNB) $ 654.38
solana
Solana (SOL) $ 171.68
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.228348
cardano
Cardano (ADA) $ 0.809148
tron
TRON (TRX) $ 0.259904