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Crypto Price Today (Dec 16th, 2024): Bitcoin at $103k | VIRTUAL Becomes Top Gainer

Shrishesh Tanksalkar16 Dec 20242 min read

The crypto market today has been vibrant, with optimism among investors and traders, who helped Bitcoin shoot up to its new all-time high at $106k. Despite the numbers settling with time, the market cap of the industry is still up 0.03% at $3.64 trillion. Successively, the trading volumes rose by 33.07%, tallying to $172.75 billion. That being said, the bullish sentiments resulted in the Fear & Greed Index reflecting an “Extreme Greed” score of 80.

Bitcoin Price Charts New Peaks?

Bitcoin continues to dominate headlines, posting a 1.14% gain in 24 hours to reach $103,856.35. Earlier today, Bitcoin touched a new ATH of $106,488.25, driven by robust trading activity, with its 24-hour volume surging by 58.03% to $67.04 billion. This milestone reflects growing optimism among investors amid heightened market activity.

Bitcoin continues to be the center of attention, after claiming a new ATH of $106,488.25 earlier today. At the time of press, BTC is changing hands at $103,856.35 with intraday gains of 1.14%. The momentum is boosted by a spike of 58.03% in its trading volume. The star crypto claiming new peaks despite the short-term pullbacks reflects heightened positivity among market players.

Wondering when will BTC price hit $110k? Check out our Bitcoin Price Prediction.

Altcoins Watch: ETH, SOL & XRP Show Modest Numbers

Ethereum (ETH) saw modest gains of 0.68%, reaching $3,902.77, while Solana (SOL) and XRP registered declines of 1.84% and 1.33%, respectively. These mixed movements highlight varying investor focus across major altcoins.

Explore our Ethereum Price Prediction to stay updated on ETH’s potential future.

Ethereum chose to differ from Bitcoin’s momentum, as it posted relatively modest gains of 0.68% taking its price tag to $3,902.77. On the other hand, Solana and XRP posted declines of 1.84% and 1.33%, with their price tags at $214.70 and $2.36 respectively.

Top Gainers:

Virtual: $2.83 (+17.35%)

FTM: $1.36 (+9.46%)

ONDO: $1.98 (+8.75%)

Top Losers:

KCS: $11.97 (-9.49%)

Kaia: $0.27 (-8.82%)

WIF: $2.68 (-5.66%)

FAQs

  • As of today, Bitcoin is trading at $103,856.35, marking a 1.14% increase in 24 hours
#Bitcoin#Crypto news
Shrishesh Tanksalkar

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