Bitcoin Tops $98K, Other Cryptocurrencies Rise

Cryptocurrency prices rise today as Bitcoin rebounds to $98K, with ETH and XRP also surging, signaling strong market optimism.

Today, cryptocurrency prices are rising; after falling below $92K, Bitcoin (BTC) is again back above $98K.

Prominent altcoins like XRP and Ethereum (ETH) have also reported increases, indicating a resurgence of market optimism.

The two biggest winners were Virtual Protocol (VIRTUAL) and Hyperliquid (HYPE).

While Virtual Protocol’s price gain is ascribed to the release of their GAME SDK, Hyperliquid’s price spike comes after Bitget announced that it would offer its token on its exchange.

Additionally, the global cryptocurrency market has increased, rising by about 0.5% over the past day to $3.38 trillion.

With a 10% increase in trading volume to $301 billion, the market was more active.

Today’s Cryptocurrency Prices: ETH, XRP, SOL Gain, BTC Above $97K

With Bitcoin (BTC) trading above $98K and significant altcoins like Ethereum (ETH), XRP, and Solana (SOL) reporting gains, cryptocurrency prices today show a favorable move.

Following recent drops, meme coins such as Dogecoin and Shiba Inu also displayed indications of recovery.

Current Price Of Bitcoin

At $98,412, the price of Bitcoin (BTC) had increased by 1% over the previous day. Its 24-hour high was $98,136, and its 24-hour low was $92,210.

With a $100 billion trading volume and a $1.93 trillion market capitalization, Bitcoin’s market dominance was 56.83%.

After a long period, Bitcoin ETFs had withdrawals of $204 million for the second day in a row, according to SoSo Value.

Furthermore, Fidelity reported withdrawals of $71 million, while Ark & 21Shares reported outflows of $87 million.

Michael Saylor also presented a plan that shows how the United States may create a Strategic Bitcoin Reserve and make $81 trillion.

Discussions about using Bitcoin to support national financial strategy have been triggered by this proposal.

Today’s Ethereum Price

The price of Ethereum (ETH) was $3,466 at the time, up 1% over the previous day. $3,099 was its 24-hour low, while $3,497 was its 24-hour high.

Today’s cryptocurrency prices show that ETH has a $417 billion market capitalization, a $62 billion trading volume, and a 12.32% market dominance.

There was a $28 million inflow into ETH ETFs, with Fidelity buying $13 million worth of ETFs.

Grayscale followed closely buying $15 million in ETFs. Furthermore, it has been revealed that with the recent decline in price, Donald Trump’s World Liberty Financial has amassed more Ethereum.

This development demonstrates growing institutional interest in Ethereum despite market volatility.

XRP Price Today

As of right now, the price of XRP was $2.31, up 0.5% over the previous day. Its 24-hour high was $2.338, and its 24-hour low was $1.97.

According to current cryptocurrency values, XRP has a market capitalization of $130 billion and a $26 billion trading volume.

With a 3.86% market dominance, it is still the fourth-largest cryptocurrency by market capitalization.

In other news, Ripple has promised to support President-elect Donald Trump’s inauguration by contributing $5 million in its native XRP token.

This action demonstrates Ripple’s strategic goals and dedication to building international alliances.

Today’s Solana Price

With a 24-hour low of $175 and a high of $197, the price of Solana (SOL) was trading at $193.

According to cryptocurrency pricing, SOL has a $92 billion market capitalization and a $9 billion trading volume over the past day.

Significant capital movement across Solana assets was also recorded by the crypto analytics portal Glassnode, suggesting increased investor interest in the Solana ecosystem.

Today’s Meme Cryptocurrency Prices

With Dogecoin (DOGE) up 1% at $0.32, meme currencies have likewise followed the trend of big altcoins.

Likewise, Shiba Inu (SHIB) saw a 1% increase, closing at $0.00002259.

As cryptocurrency prices today demonstrate strong momentum in the meme coin market, other popular meme currencies including PEPE, BONK, and WIF recorded increases ranging from 2% to 9% in the last day.

Best Prices For Cryptocurrency Gainers Right Now

Extremely liquid

The price of Hyperliquid (HYPE) rose 35% during the past day to $31.97. Its 24-hour high was $32.23, and its 24-hour low was $22.96.

The market capitalization of HYPE is $8.69 billion, with a trading volume of $583 million, according to cryptocurrency prices today.

Protocol Virtual

The price of Virtual Protocol increased by 25% as well, reaching $2.734. Its 24-hour high was $2.842, and its 24-hour low was $2.03. The current market value is $2.73 billion.

Ethena

The price of Ethena (ENA) increased by 16% to $1.16. Its 24-hour high was $1.224, and its 24-hour low was $0.85.

In other news, Ethena Labs has joined together with WLFI, which is supported by Trump, to increase stablecoin rewards and liquidity by making sUSDe the primary collateral on Aave.

Today’s Top Cryptocurrency Loser Prices

Aptos (APT)

The price of Aptos (APT) dropped 13% during the past day, making it the biggest loser for the day.

With a 24-hour low of $9.90 and a high of $11.77, it was trading at $10.23.

The community is worried about the price decline, which is ascribed to the resignation of Mo Shaikh, Aptos Labs’ co-founder and CEO.

Hedera

Hedera (HBAR) dropped 4% in value to $0.2688, making it the second-worst performer for the day.

Its market capitalization was $10 billion, and its 24-hour low and high were $0.23 and $0.28, respectively.

In other news, Charles Adkins has been named the new CEO of the Hedera Foundation, with effect from January 1, 2025.

In addition, the hourly chart indicates that the cryptocurrency market has recovered from yesterday’s flash drop.

The price of cryptocurrencies is rising today, as seen by the upward momentum displayed by Bitcoin (BTC) and other significant altcoins.