The post BTC Below $97K, SOL Drops 7%, WIF Falls 13% appeared on BitcoinEthereumNews.com.

Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility. Major altcoins followed the downtrend, with Ethereum (ETH) down 4% and Solana (SOL) dropping 7% in the last 24 hours. dogwifhad (WIF) became the worst performer, losing 13% in the same period. The global crypto market capitalization fell by approximately 2%, now at $3.34 trillion. Trading volume also dropped significantly and down by 44% to $170 billion. The Fear and Greed Index currently reads 59, indicating a neutral market sentiment despite the recent declines. Crypto Prices Today: BTC Slumps, ETH, SOL, and XRP See Significant Declines BTC price saw a sharp decline this week, falling below $97K. XRP dropped by 3%, while Solana (SOL) emerged as the worst performer in the top 10 coins. Meme coins also followed Bitcoin’s bearish path, with losses ranging from 3% to 5%. Bitcoin Price Today BTC price was trading at $96,760, showing a decrease of approximately 1% in the last 24 hours. Its 24-hour low and high were $96,457 and $99,538, respectively. The market capitalization stands at $1.91 trillion, with $50 billion in trading volume, and Bitcoin’s market dominance is at 57.60%. Despite the recent drop, Bitcoin ETFs saw an inflow of $449 million this week, according to SoSo Value. In a significant development, Senator Cynthia Lummis confirmed that the U.S. will hold a strategic Bitcoin reserve for at least 20 years as part of efforts to reduce the national debt. This move is expected to have long-term implications for both the market and Bitcoin’s role in global finance. Ethereum Price Today ETH price was trading at $3,321, marking a 4% drop in the last 24…

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Filed under: News - @ December 22, 2024 3:49 am