Today, crypto prices remained under pressure as Bitcoin (BTC) fell near its monthly low. Altcoins also continued to face declines, reflecting a bearish trend across the crypto market.

Tether (USDT), the largest stablecoin by market capitalization, may face removal from European exchanges due to non-compliance with new Markets in Crypto-Assets (MiCA) regulations. The compliance deadline of December 30, 2024, has raised uncertainty among market participants.

FTX Token (FTT) emerged as a top gainer today, with a 7% surge in its price. This development follows FTX’s announcement that claims processing will begin on January 3 next year, with $16 billion in cash expected to be repaid.

The global crypto market has declined by approximately 1.5% over the last 24 hours, standing at $3.29 trillion. However, trading volume saw a 12% rise, reaching $90 billion.

Here’s a brief overview of some leading cryptocurrencies by market cap and their crypto prices today, December 30.

Crypto Prices Today: BTC Falls Below $94K, XRP, and SOL Drop Amid Market Pressure

Crypto prices today saw Bitcoin (BTC) falling below $94,000, marking a sharp decline. Michael Saylor hinted at buying more Bitcoin through his recent post on X, sparking investor interest. Ethereum (ETH) was the only coin in green, registering a 1% price surge amid the market downturn.

Bitcoin Price Today

Bitcoin price was trading at $93,400, with a 1.3% drop in the last 24 hours. Its 24-hour low and high were $93,079 and $95,341, respectively. However, trading volume surged by 40%, reaching $32 billion.

According to SoSo Value, BTC ETF recorded a weekly inflow of $387 million last week, indicating renewed institutional interest. In other news, Bitcoin’s clean energy usage has exceeded 50%, highlighting its progress in sustainability. Elon Musk had previously stated he might accept BTC for payments, leaving the community eager for updates.

Ethereum Price Today

Ethereum (ETH) price was trading at $3,421, reflecting a 1% surge in the last 24 hours. Its 24-hour low and high were $3,327 and $3,434, respectively. ETH ETFs saw a weekly inflow of $349 million, second only to BTC ETFs.

However, concerns loom as Coingape analysts warn of a potential $2,600 crash. This follows a massive inflow of 110K ETH into exchanges, signaling possible sell pressure.

XRP Price Today

XRP price was trading at $2.12, marking an approximate 3% drop in the last 24 hours. Its 24-hour low and high were $2.076 and $2.197, respectively.

Solana Price Today

Solana (SOL) price was trading at $192, reflecting a 1% drop in the last 24 hours. The crypto prices today for SOL revealed a 24-hour low of $188.73 and a high of $197.59, showcasing slight volatility.

Top Crypto Gainer Prices Today

FTX Token

FTX Token (FTT) price was trading at $3.75, showing a 10% rise in the last 24 hours. The crypto prices today for FTT recorded a 24-hour low of $3.416 and a high of $3.826, reflecting strong upward momentum.

Ethena

Ethena (ENA) price was trading at $1, showing an approximate 6% price surge in the last 24 hours. Its 24-hour low and high were $0.91 and $1.01, respectively. Trading volume surged by 45%, reaching $352 million, indicating increased market activity.

Moreover, KuCoin Token (KCS) and Virtuals Protocols (VIRTUAL) have seen gains of 1% to 3% in the last 24 hours. This indicates a positive trend amid the ongoing market fluctuations.

Top Crypto Loser Prices Today

Bitget Token

BGB token became the top loser for today, with an approximate 20% loss in the last 24 hours. Its 24-hour low and high were $6.01 and $7.85, respectively, while trading volume surged by 47%, reaching $1.34 billion.

Pudgy Penguins

PENGU price dropped by 10% and is currently trading at $0.032. Its 24-hour low and high were $0.031 and $0.036, respectively. Despite the recent drop, crypto prices today show that PENGU has surged by 500% in the last month.

Movement (MOVE), OKB, and Beam (BEAM) have seen a drop of approximately 5% in the last 24 hours, reflecting a slight downturn in their prices.

Besides this, the hourly chart is also showing downward momentum, with Bitcoin price down by 0.23%. Other major altcoins are showing a similar pattern, each down by approximately 1% in the last hour.

The post Crypto Prices Today December 30: Bitcoin Hits Monthly Low, Altcoins Extend Losses appeared first on CoinGape.

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Filed under: News - @ December 30, 2024 4:08 am