Bitcoin Back to $100K, XRP Up 6%, XDC Jumps 36%
The post Bitcoin Back to $100K, XRP Up 6%, XDC Jumps 36% appeared on BitcoinEthereumNews.com.
Today, the cryptocurrency market is bullish, with Bitcoin (BTC) surging above the $100,000 mark, as crypto prices today show strong momentum. This follows a volatile period where BTC had dropped to $92,000 after its all-time high. Ripple’s XRP has gained 6% after three consecutive days of downward movement. Meanwhile, XDC Network has emerged as the top gainer, with an impressive 36% jump in its price. The crypto market rose by over 2%, bringing its total market capitalization to $3.67 trillion. However, trading volume has decreased by 31%, standing at $250 billion. Here is a quick overview of the top cryptocurrencies by market capitalization and their price movements for today, December 7. Crypto Prices Today: BTC, ETH, SOL, and XRP The crypto market is gaining momentum after Bitcoin surged back to $100,000. Major altcoins have shown positive movement in the last 24 hours, except for Solana, which is down by 3%. Top meme coins are also riding the bullish wave, recording gains between 1% and 4% during the same period. The market’s overall sentiment appears optimistic, with several cryptocurrencies experiencing upward trends. Bitcoin Price Today Bitcoin (BTC) price was trading at $100,101, marking a 3% increase in the last 24 hours. Its 24-hour low and high were $97,138 and $101,902, respectively. Bitcoin’s market capitalization stood at $1.98 trillion, with a trading volume of $86 billion and a market dominance of 53.87%. As per SoSo Value, the Bitcoin ETF market had seen significant inflows, with $119 million added on Friday, although BlackRock’s data was still awaited. Fidelity had contributed $120 million to BTC ETFs, while Ark Invest and 21Shares collectively recorded $24 million in inflows. Additionally, the rising Bitcoin price has driven increased demand, creating pressure on mining activities. This surge has also led to heightened energy consumption from national grids to sustain…
Filed under: News - @ December 7, 2024 4:11 am