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BTC Hits $100K, CRV Up 20%, SAND Surges 16%

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5 months ago

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Today, the cryptocurrency market is fueled by bullish momentum as Bitcoin (BTC) reaches $100,000 for the first time. After approximately two weeks of consolidation, BTC has finally surpassed the $100K resistance level. Among altcoins, Ethereum (ETH) is up by 6%, while Binance Coin (BNB), Solana (SOL), and XRP have seen declines of 2% to 6%.

Curve DAO Token (CRV) and The Sandbox (SAND) emerged as the top gainers, with price increases of 20% and 16%, respectively. The global crypto market cap has risen by approximately 3%, now at $3.55 trillion. Trading volume remains stagnant at $285 billion.

Meanwhile, the Fear and Greed Index indicates 83, reflecting extreme greed. Here’s a closer look at some of the top cryptocurrencies by market cap and their prices today, December 5.

Cryptocurrency Market Today: BTC Hits All-Time High, ETH Gains 6%, While XRP and SOL Decline

Bitcoin (BTC) price reached $100K for the first time in history, marking a new all-time high. Ethereum (ETH) rose by 6%, while major cryptocurrencies like Binance Coin (BNB), XRP, and Solana (SOL) experienced a 2–6% decline.

Bitcoin Price Today

Bitcoin (BTC) price is currently trading at $102,126, with a 24-hour low of $94,660 and a high of $103,287. At the time of writing, it is up by 7%. For the first time, Bitcoin’s market cap surpassed $2 trillion, now standing at $2.03 trillion. The 24-hour trading volume reached $92 billion, with a market dominance of 55.4%.

According to SoSo Value, BTC ETFs recorded a $15 million outflow, while BlackRock’s data is still awaited. Meanwhile, Fidelity purchased $17 million worth of BTC ETFs on Wednesday.

In related news, Federal Reserve Chair Jerome Powell compared Bitcoin to gold. This comparison fueled bullish sentiment in the cryptocurrency market today, as he noted that both assets are comparable, unlike the US Dollar.

Ethereum Price Today

Ethereum (ETH) price traded at $3,880, reflecting a 6% increase over the past 24 hours. Its 24-hour low and high were $3,663 and $3,906. At the time of writing, its market cap stood at $465 billion, with a trading volume of $60 billion. Ethereum’s market dominance reached 12.7%.

SoSo Value reported an inflow of $43 million into ETH ETFs on Wednesday, with Fidelity leading the contributions with $40 million. Data from BlackRock remains pending, keeping market participants alert.

Meanwhile, analysts at CoinGape speculate whether Ethereum’s price could hit $5,000 if Bitcoin reaches $150K. Recent Bitcoin consolidation has provided altcoins, including Ethereum, an opportunity to shine. Ethereum’s resilience, especially during an 8% BTC price dip, underscores its position as a strong contender in the current bull market.

XRP Price Today

XRP price traded at $2.3, marking a 9% decline in the last 24 hours. Its 24-hour low and high were $2.188 and $2.67. At the time of writing, its market cap stood at $132 billion, with a 24-hour trading volume of $24 billion. XRP ranked 4th among cryptocurrencies by market capitalization, holding a market dominance of 3.61%.

In related news, Ripple Labs CEO Brad Garlinghouse expressed his support for Paul Atkins as the potential SEC Chair. He praised Atkins for his “common sense” approach to crypto regulation, emphasizing his experience and reputation as a proponent of balanced regulatory measures.

Solana Price Today

In the cryptocurrency market today, SOL price traded at $235, reflecting a 2% drop in the last 24 hours. Its 24-hour low and high were $223 and $240, respectively. With a market cap of $111 billion and a trading volume of $7 billion, SOL ranked 5th in the cryptocurrency market.

Moreover, in related news, Coinbase announced the listing of Gigachad (GIGA), a meme coin on the Solana network. The price of GIGA surged following the listing announcement.

Meme Crypto Performance Today

Meanwhile, the cryptocurrency market today has shown bullish momentum in the top meme crypto sector. Dogecoin (DOGE) traded at $0.4385, reflecting a 6% increase. Similarly, Shiba Inu (SHIB) price surged by 4% to $0.00003143.

Other top meme coins like PEPE gained 5%, while WIF and BONK saw a decline of 1% to 2%. Additionally, Moo Deng (MOODENG) was recently listed on Coinbase. Its price soared by 70% within 24 hours of the announcement.

Top Crypto Gainers Prices Today

Curve DAO Token

Curve DAO Token (CRV) price was trading at $1.07, marking a 20% jump in price and securing its position as the top gainer today. Its 24-hour low and high were $0.9157 and $1.23, respectively. With this significant rise, CRV has now entered the top 100 cryptocurrencies by market cap.

The Sandbox

The Sandbox (SAND) price was trading at $0.86, reflecting a 16% surge in price. Its 24-hour low and high were $0.7759 and $1.06, respectively.

Top Crypto Losers Prices Today

IOTA

IOTA price was trading at $0.4689, showing an 18% drop in price over the last 24 hours. Its 24-hour low and high were $0.45 and $0.6055, respectively.

TRON

TRX price was trading at $0.3167, with a 17% drop in the past 24 hours. Its 24-hour low and high were $0.3166 and $0.4275. Despite the decline, it remains in the top 10 cryptocurrencies by market cap. The cryptocurrency market today shows mixed reactions, with major coins experiencing volatility.

The hourly chart in the cryptocurrency market today is giving mixed reactions. BTC is up by 3% in the last hour, while other major altcoins are showing a small decrease in price. XRP has dropped by more than 5% in the past hour, reflecting some volatility in the market. The cryptocurrency market today continues to show fluctuations across various coins.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Expert Says Solana Price To $2,000 Is Within Reach, Here’s How

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44 minutes ago

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April 21, 2025

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While investors are scanning the horizon for a short-term Solana (SOL) rally, cryptocurrency expert CryptoCurb is predicting an ultra-bullish price movement. CryptoCurb argues that a Solana price of $2,000 is “absolutely realistic” given the current fundamentals and on-chain indicators.

Solana Price To $2,000 Is A Realistic Projection

Pseudonymous cryptocurrency analyst CryptoCurb is predicting a massive growth spurt for Solana in the near future. In an X post, the expert says the Solana price can achieve a valuation of $2,000 given its impressive network metrics.

He hinges his projection on several factors, including Ethereum’s previous price performance. Ethereum price spiked to a $600 billion market capitalization during the last cycle with its steep fees and scalability issues.

A $2K SOL price will translate to a $1 trillion market capitalization that will see it flip Ethereum as the largest altcoin. CryptoCurb notes that if Ethereum can post impressive figures during the last cycle, Solana has the capabilities to be valued at $2,000.

“2K is absolutely realistic if Solana keeps its global adoption pace with minimal disruptions and continues to scale,” said CryptoCurb.

Rising network inflows are expected to send the Solana price on a short-term rally to $150 before a big push to $2K. Currently, the Solana price is pegged at $140 with a market capitalization of $72.6 billion, making CryptoCurb’s prediction an uphill climb.

A Wave Of Impressive Metrics Around SOL

While CryptoCurb did not disclose an exact timeline for his $2,000 prediction, he points to a short-term seismic price increase. The expert his backing his predictions with a swathe of network metrics pointing to fresh bullishness.

Solana has the highest number of active addresses over the last seven days at 28.4 million. The network led the pack for transactions at 369 million, trouncing Tron, BNB Chain, Base, and Bitcoin.

Solana is finding application in several Web 3 verticals given its speed, low cost, and scalability. In the last week, the Solana price has risen by nearly 7% while 24-hour trade volume has risen by 36%.

Last week, Canada launched the first SOL ETF with prices projected to surpass $250, reversing a forming death cross. Solana open interest crossed 5.5 billion, climbing by 10% amid rising whale activity in the ecosystem.

Rising bullish metrics for the network suggest that SOL will reach $200 before ETH reclaims $3,000.

 

 

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Expert Predicts Pi Network To Reach $5 As Whales Move 41M Pi Coins Off Exchanges

Published

10 hours ago

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April 20, 2025

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Crypto expert PiMigrate recently predicted that the Pi Network price could reach a new all-time high (ATH) of $5. This comes amid recent whale movements, with these investors moving 41 million Pi Coins off exchanges.

Expert Predicts Pi Network To Reach $5

In an X post, PiMigrate stated that Pi Network’s journey to $5 has just begun. He remarked that the altcoin has very strong support at $0.6. As such, the expert believes that this $5 price target is a “very possible valuation.” PiMigrate added that good utilities will push the altcoin to this target.

Another expert, Moon Jeff, also predicted that the Pi Coin price can reach this $5 target. In an X post, the expert concluded that the altcoin can reach this price target following his analysis.

Pi NetworkPi Network

He alluded to his accompanying chart, which he described as being bullish, indicating that the Pi Network price can indeed reach this $5 target. The chart also showed that the altcoin has formed a strong support level at its current price.

Crypto analyst Xia also recently claimed that the Pi Coin’s momentum is building fast after it surged past the $0.63 mark with strong volume. She also noted that the RSI and MACD are turning bullish for the altcoin.

This bullish outlook for the Pi Coin comes amid recent huge whale accumulation. A Pi community page revealed that these investors moved a whopping 41 million coins (around $27 million) off exchanges in 48 hours. Specifically, these whales moved over 13 million Pi Coins from OKX to several wallets. This presents a bullish outlook for the coin since exchange supply is declining.

Pi Needs To Reclaim This Symmetrical Triangle

While analyzing the Pi Network’s price on the higher timeframe, analyst Alpha Crypto stated that the altcoin needs to reclaim its symmetrical triangle to resume its upward move.

Pi CoinPi Coin

The analyst remarked that once Pi reclaims this structure, market participants can look for a potential long setup. He added that on the flipside, if the price falls outside the triangle, it could open up a short opportunity. Alpha Crypto urged traders to wait for confirmation rather than rushing.

From a fundamentals perspective, top exchange listings could send the Pi Coin price higher. CoinGape recently reported that top exchange HTX had fueled listing speculations with a cryptic post on its X platform. Meanwhile, Pi community members remain hopeful that Binance will soon list the altcoin.

These community members will have their eyes on the Consensus 2025 conference, where Pi Network founder Nicolas Kokkalis will allegedly join an exclusive list of industry players to speak at the event.

Expert Dr. Altcoin described the event as a pivotal moment for Pi Network, as it will provide an opportunity for the Pi team to promote the network’s ecosystem.

At the time of writing, the Pi Coin price is trading at around $0.63, down almost 3% in the last 24 hours. Trading volume is also down over 36%, with $96.34 million traded during this period.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Binance Traders Go Big On Dogecoin—Majority Holding Long Positions

Published

14 hours ago

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April 20, 2025

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin investors have high faith in the future of the meme currency despite its recent price fall, market data showed, Tuesday.

Dogecoin fell to $0.153 as of April 16 after its price reached a high of $0.168 on April 13, down by 3% in the last 24 hours. This is after the recent price hike following US President Trump’s tariff halt declaration on certain countries on April 10.

Long Positions Dominate Market Activity

The mood among traders on Binance is firmly bullish for the future prospects of Dogecoin. Data from Coinglass show that over 74% of trading accounts have long positions in the cryptocurrency, while only 25% going short. This places the long-to-short account ratio at 2.90, proving widespread optimism among traders.

Long positions increased quickly on April 12, which shows that investors expect Dogecoin to bounce back from its present correction period. They are willing to pay premiums to maintain their positions, as evidenced by positive OI-weighted funding rate signals that have remained above zero since April 7.

Long|Short DOGE by accounts. Source: Coinglass

Holder Patterns Indicate Diversified Strategies

IntoTheBlock statistics reveal substantial shifts in the manner by which people are holding Dogecoin. Investors holding DOGE for over a year increased by marginally 0.13%. These types of “hodlers” as they are called within cryptocurrency forums constitute a solid support base for the currency.

Source: IntoTheBlock

In the meantime, mid-term holders (holders of DOGE for one to 12 months) decreased by 2.50%. Short-term traders experienced the largest increase, with addresses holding for less than 30 days rising by 109%. This new trader surge reflects increasing demand for quick profit from Dogecoin price action.

Technical Analysis Points To Future Price Directions

One TradingView account, FuaCompany, has plotted Dogecoin’s movement in what analysts call a rising channel. On the basis of this trend, two general scenarios for Dogecoin’s future price are on offer.

DOGE is currently trading at $0.15. Chart: TradingView

The first scenario shows Dogecoin rebounding from the lower edge of this channel and continuing to trend upwards. This would comply with what occurred before when the price rebounded back from $0.05 to higher levels.

The second scenario entails a temporary drop below the bottom line of the channel, plunging to around $0.08 before surging higher, both scenarios ultimately carrying long term bullish signals, with some projections estimating Dogecoin to even reach $0.70.

Weekly Performance Still Positive Despite Slump

Despite the recent slump, Dogecoin is still positive overall on the week. In fact, the cryptocurrency has shown quite a hefty rise-on-week for about 7.40% during the past week in spite of that dip.

DOGE price up in the last week. Source: CoinMarketCap

The price started off in early April with an initial volatility before strengthening with the Presidential Tariff declaration by Trump. Following the monthly peak on April 13, reaching 0.168, Dogecoin encountered what traders know to be a consolidation phase, where prices continue to trend sideways while forming in preparation for another move.

According to market observers, this pattern of gains and then consolidation is typical in cryptocurrency markets. The strong level of long positions shows most traders view the current price drop as just a temporary hiccup and not the start of a larger bearish trend.

Featured image from CoinFlip, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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