Crypto prices showed a mix of gains and losses today.
Bitcoin (BTC) was hovering around $94,000. It continued its decline from last week’s all-time high of $108,000.
Meanwhile, Ethereum (ETH), XRP and Solana (SOL) have shown gains of less than 5% in the last 24 hours, indicating a recovery.
Virtual Protocol (VIRTUAL) led the way, rising 35% in the last 24 hours, followed by Zcash (ZEC), which rose 20%.
Global crypto market cap rose 2% to $3.32 trillion.
Trading volume also saw a 20% jump, reaching $170 billion.
The Fear and Greed index remained neutral at 55.
Bitcoin fell 1.5%
At pre-hours, Bitcoin (BTC) was trading at $94,310, with a 24-hour range of $92,526 to $96,545. BTC exchange-traded funds (ETFs) saw an outflow of $276 million.
Major players like BlackRock and Arch and 21Shares recorded huge withdrawals. MicroStrategy continued its buying spree of Bitcoin by adding more coins to its reserves after a recent $1.5 billion purchase.
Ethereum up 4%
Ethereum (ETH) traded at $3,409, up 4% over the last 24 hours.
Its 24-hour range was $3,263 to $3,466. ETH ETFs recorded net outflows of $75 million, although some investors like Grayscale and Fidelity increased their stakes.
Meanwhile, XRP traded at $2.23, up 4% over the past day, with a 24-hour range of $2.14 to $2.27.
Whale activity and the launch of the RLUSD stablecoin boosted investor confidence.
Analysts estimate that XRP could rise by 60% if market conditions remain favorable.
Solana (SOL) is also trading at $188, up 5%. Its 24-hour low and high were $179 and $193 respectively.
The weekly whale inflow of $1.7 million highlights the growing interest in Solana despite recent market volatility.
meme coins
Meme coins also registered gains.
Dogecoin (DOGE) and Shiba Inu (SHIB) were up 4% to trade at $0.3195 and $0.00002219, respectively.
BONK announced plans to burn 1 trillion tokens to drive its price to $0.11.
Top Crypto Gainers
- Virtual Protocol: Trading at $3, up 35%, with a 24-hour high of $3.14.
- Zcash (ZEC): Up 20%, trading at $64.96.
- Aawe (Aawe): Up 19%, trading at $377.
top crypto loser
- BitTorrent (BTT): Down 2%, trading at $0.00000114.
Hourly charts show positive momentum in major cryptocurrencies like BTC, ETH, and SOL.
Hyperliquid (HYPE) rose 5% in the past hour, indicating a potential market correction.
Post Crypto Prices on December 24: Bitcoin at $94K, Virtual Protocol and Zcash Up 20% first appeared on Invez