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Bitcoin (BTC) remained flat at $98,000 early Thursday. Other notable cryptocurrencies, such as Ethereum (ETH), Ripple (XRP), Solana (SOL), and Litecoin (LTC), had minor losses. According to CoinMarketCap analytics, the total Market Fear & Greed Index ranked at 63 (Greed) out of 100.
Bitget Token (BGB) gained popularity as the top gainer, increasing over 34% in 24 hours. Hyperliquid (HYPE) was the biggest loser today, with a 24-hour loss of more than 11%. At the time of writing, the global crypto market capitalization was $3.42 trillion, a 0.26 per cent drop over the previous 24 hours.
Cryptocurrencies Prices Today
Bitcoin (BTC) Price: According to CoinMarketCap, today's Bitcoin price was $98,597.33, a 0.40 percent increase over the previous 24 hours. On Indian exchanges, the BTC price was Rs 81.34 lakh.
Ethereum (ETH) Price: At the time of writing, the price of ETH was $3,433.18, a 1.33 percent fall over the previous 24 hours. The price of Ethereum in India was Rs 2.82 lakh.
Dogecoin (DOGE) Price: Dogecoin (DOGE) Price is based on CoinMarketCap data. DOGE is presently trading at $0.3256, a 2.14 percent drop over the past 24 hours. The price of Dogecoin in India was Rs 26.87.
Litecoin (LTC) Price: Litecoin (LTC) Price Today, Litecoin had a 0.81 percent fall over 24 hours. At the time of noticing, it was trading at $107.16. The price of LTC in India stood at Rs 8,731.50.
Ripple's (XRP) price: Today, Ripple's (XRP) price was $2.26, a 1.68 percent drop from the previous 24 hours. The Ripple price in India stood at Rs 186.76.
Solana (SOL) Price: Solana prices today were $195.02, a 2.16 percent drop from the previous day. The SOL price in India stood at Rs 15,514.47.
Top Crypto Gainers Today
According to CoinMarketCap data analytics, here are the top five cryptocurrency gainers throughout the last 24 hours:
OKB (OKB)
Price: $52.55
24-hour gain: 10.52 percent
Bitget Token (BGB)
Price: $6.52
24-hour gain: 33.26 percent
Pudgy Penguins (PENGU)
Price: $0.04137
24-hour gain: 15.47 percent
Movement (MOVE)
Price: $1.13
24-hour gain: 9.57 percent
Gate Token (GT)
Price: $15.16
24-hour gain: 8.98 percent
Top Crypto Losers Today
According to CoinMarketCap analytics data, here are the top five cryptocurrency losers over the last 24 hours:
Hyperliquid (HYPE)
Price: $26.38
24-hour loss: 11.13 percent
IOTA (IOTA)
Price: $0.3087
24-hour loss: 8.18 percent
Ondo (ONDO)
Price: $1.52
24-hour loss: 8.21 percent
Helium (HNT)
Price: $6.97
24-hour loss: 7.73 percent
The Sandbox (SAND)
Price: $0.574
24-hour loss: 8.16 percent
Crypto Market Scenario
According to Mudrex co-founder and CEO Edul Patel, "Bitcoin jumped to over 7.5% from its low, gifting investors a 'Santa Rally' as bulls retake control." Bitcoin is currently trading at $99,050, with strong momentum, with BTC derivatives selling at a 12% premium to the spot market.
The CoinSwitch Markets Desk stated that "Bitcoin bulls jumped near the $100K mark, topping at $99,963 before retreating below $99,000." December receives stood at 2%, although higher levels are under selling pressure.
"Bitcoin's price forecast varies between $94,000 and $105,000, after challenges like recent outflows of $338 million from U.S. Bitcoin ETFs on December 24," claimed Sathvik Vishwanath, CEO and co-founder of Unocoin.
"Crypto markets are observing a bullish surge as Bitcoin recently touched $99,800," claimed Shivam Thakral, CEO of BuyUcoin. Major Cryptocurrency is also exhibiting upward momentum, showing that this rise is part of a larger trend. Investor excitement has been boosted by the following noteworthy changes in the regulatory environment and increased institutional investment.