Connect with us

Altcoin

BTC Trades in Range, XRP Surges 18%, HBAR Gains 58%, ONDO Up 36%

Published

on


Cryptocurrency Prices Today, December 3: The crypto market maintains a bullish stance as Bitcoin (BTC) consolidates within a range for the past 10 days, trading between $93,000 and $99,000. XRP is the top performer among the top 10 coins, gaining 18% in the last 24 hours. Meanwhile, Hedera (HBAR) and Ondo (ONDO) emerged as standout performers, with Hedera surging by an impressive 58% and Ondo increasing by 36% in the same period.

The 24-hour trading volume surged to $284 billion, marking a 65% increase, reflecting heightened activity. However, the global crypto market cap dipped slightly by 0.4% to $3.47 trillion from the previous day. Notably, November witnessed the biggest inflow in the crypto market, with approximately $1 trillion added during the month, highlighting growing investor confidence. Let’s delve deeper into the price movements and trends for top cryptocurrencies on December 3.

Cryptocurrency Prices Today: BTC Holds Steady, ETH & SOL Dip 2%, XRP Soars 18%

Bitcoin (BTC) continues its steady run, consolidating within a narrow range without significant movement. However, Ethereum (ETH) and Solana (SOL) experienced slight declines, dropping by 2% over the past 24 hours. XRP, on the other hand, extended its impressive rally, surging 18% and maintaining its position as one of the top-performing assets in the market.

Bitcoin Price Today

Bitcoin (BTC) price remains steady, trading within a defined range for an extended period. Currently priced at $96,000, BTC has recorded a 2% decrease in the last 24 hours. Its 24-hour low and high are $94,482 and $97,741, respectively. Bitcoin’s market cap is $1.9 trillion, supported by a trading volume of $72 billion and a market dominance of 54.65%.

As per sosovalue, BTC ETFs saw inflows of $15.33 million, highlighting continued investor interest. Data from BlackRock is still awaited, while Fidelity Investments recorded $25 million in inflows. Meanwhile, Grayscale faced significant outflows, totaling $28 million, reflecting some investor caution.

Additionally, the U.S. government has transferred another batch of Bitcoin valued at $1.9 billion. This movement comes as conversations about strategic crypto management continue to grow globally.

Ethereum Price Today

Ethereum (ETH) price is currently trading at $3,641, reflecting a 3% decrease over the past 24 hours. Its 24-hour low and high stand at $3,557 and $3,710, respectively. With a market cap of $438 billion and a trading volume of $46 billion, Ethereum remains the second-largest cryptocurrency by market capitalization. Its market dominance currently sits at 12.61%.

According to Sosovalue, ETH experienced outflows of $32 million on Monday, with $44 million outflows solely from Grayscale. Data from BlackRock remains pending, while Fidelity Investments reported an inflow of $19.9 million. Over the past two weeks, ETH has seen significant inflows, totaling $634 million, underscoring growing institutional interest.

XRP Price Today

XRP price is currently trading at $2.72, reflecting an impressive 18% surge in the last 24 hours. Its 24-hour low and high are $2.24 and $2.84, respectively, showing strong price fluctuations. XRP’s market cap has reached $155 billion, allowing it to surpass Solana and USDT, securing the 3rd position in the rankings.

The 24-hour trading volume for XRP stands at $46 billion, contributing to a market dominance of 4.47%. In a significant development, Ripple Labs Inc. has accelerated testing of its stablecoin, RLUSD. Ripple has also minted nearly 10 million RLUSD tokens, with potential approval from New York regulators on the horizon.

Solana Price Today

Solana (SOL) price is trading at $227, marking a 3% drop in the last 24 hours. The cryptocurrency has slipped to the 5th position by market capitalization, reflecting slight pressure in the market. Its 24-hour low and high are $220 and $230, respectively.

With a market cap of $108 billion, Solana maintains a strong presence despite recent declines. Its 24-hour trading volume stands at $7 billion, highlighting continued investor activity. Notably, Coinbase announced the addition of Solana-based meme coin Moo Deng to its roadmap for listing, leading to a significant price surge following the news.

Meme Cryptocurrency Prices Today

Meme coins are lagging in the market today, with the top meme coins, Dogecoin and Shiba Inu, seeing declines of 6 to 7% in the last 24 hours. Cryptocurrency prices today show Dogecoin (DOGE) trading at $0.42, with a 24-hour low of $0.40 and a high of $0.45. Shiba Inu (SHIB) is priced at $0.0000294, reflecting a modest drop.

Other notable meme coins such as PEPE, BONK, and WIF are also experiencing losses, with declines ranging from 6 to 8%. This trend highlights the overall downward movement in the meme coin sector amid the broader market conditions.

Top Cryptocurrency Gainer Prices Today

Hedera

Hedera (HBAR) has emerged as the top gainer again, with a remarkable 58% increase in the last 24 hours. Cryptocurrency prices today show HBAR currently trading at $0.377, with a 24-hour low of $0.2325 and a high of $0.3851. This surge has attracted significant attention, positioning Hedera as one of the standout performers in today’s market.

Ondo

ONDO price is currently trading at $1.73, reflecting a 36% increase in the last 24 hours. Its 24-hour low and high are $1.154 and $1.784, respectively. With a market cap of $2.39 billion and a 24-hour trading volume of $693 million, ONDO has experienced significant upward movement, attracting investor attention.

Top Cryptocurrency Loser Prices Today

Raydium

Raydium (RAY) price is currently trading at $4.87, reflecting an 8% decrease in the last 24 hours. Cryptocurrency prices today show its 24-hour low and high are $4.76 and $5.17, respectively. With a market cap of $1.42 billion and a 24-hour trading volume of $116 million, Raydium is experiencing some downward pressure in the market.

Kaspa

Kaspa (KAS) price is currently trading at $0.1565, reflecting a 7% drop in the last 24 hours. Its 24-hour low and high are $0.1533 and $0.1641, respectively. With a market cap of $3.96 billion and a trading volume of $280 million, Kaspa is experiencing a slight pullback in the market.

The cryptocurrency prices today show a positive trend on the hourly chart, with major coins in the green, reflecting some gains in the last hour. This bullish momentum in the broader market could indicate potential recovery or consolidation for top coins.

✓ Share:

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.





Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Altcoin

Analyst Reveals Two XRP Price Levels To Watch, Is $250 On?

Published

on


XRP price has continued its bearish consolidation as Ripple community investors continue to weigh the impacts of the recent Bybit hack. Against some visible trends, XRP has maintained its price drawdown but has stayed above the $2.5 mark despite the massive selloff. In light of this crypto technical analysis platform, More Crypto Online, the coin remains neutral and indecisive. This outlook has introduced a major twist in the expectation that the coin could hit $250 in the near long term.

XRP Price Trading Within Very Tight Range

According to an update on X More Crypto Online, XRP remains rangebound, holding above the invalidation point at $2.47. At the time of writing, the coin was changing hands for $2.592, down by 0.63% in the past 24 hours. The coin has moved from a low of $2.512 to a high of $2.597 before settling at the current level.

Per the analytical platform, the bullish structure of XRP remains technically intact despite the latest offsets. However, the current outlook shows the coin has not made a major move to break above the resistance point at $2.8. This implies the coin will likely see the bearish scenario play out for a few more days.

The analysis outfit issued two primary price levels for traders to watch. This includes the $2.47 invalidation level and the $2.75 breakout zone. Breaching these two levels can imply a further dropdown or rally for the coin.

Is the $250 Price Target Still Feasible?

In an earlier XRP price analysis, CoinGape reported that market analyst XRP Captain predicted the coin may hit $250 between now and 2026. This forecast is hinged on the premise that Ripple whales were accumulating the coin rapidly.

While analysts are generally optimistic regarding Ripple, this is by far the most ambitious projection for the coin. As reported earlier, the influence of the coin’s supply was showcased as a major bane toward achieving this massive projection.

However, the environment remains promising, considering the pro-crypto outlook of the United States government.

Ripple Lawsuit Impact

Bringing the Ripple Labs versus United States Securities and Exchange Commission (SEC) lawsuit is key to the future of the XRP price. Earlier, Coinbase and the US SEC agreed to dismiss their lawsuit, which is pending the commission’s approval. The community is optimistic that the Ripple Labs lawsuit will be the next in line to be dismissed.

Beyond this, the impact of the potential XRP ETF approval on the coin’s price is also profound. Despite the effects of the Bybit hack and the current consolidation, the optimism for a massive breakout is high.

✓ Share:

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Follow him on X, Linkedin

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.





Source link

Continue Reading

Altcoin

Litecoin Whales On Buying Spree Sack 930K Coins Amid LTC ETF Buzz, What’s Next?

Published

on


Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.

Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development

According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.

Litecoin Whales Litecoin Whales
Source: Ali Charts, X

Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.

Canary Capital’s ETF Emerges On DTCC

The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.

Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.

LTC Price Eyes Rally?

However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.

Nevertheless, renowned crypto trader Carl Moon took to X, revealing that a $143 price target looms for the token. As per Carl, LTC is forming a bullish flag on lower timeframes, signaling an uptrend ahead. The significant buying pressure brought by Litecoin whales further supports this bullish prediction.

Litecoin (LTC) priceLitecoin (LTC) price
Source: Carl Moon, X

Crypto market traders and investors thoroughly monitor the token, reflecting optimism amid recent ETF developments and strong whale support.

✓ Share:

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.





Source link

Continue Reading

Altcoin

Lawyer Estimates Maximum Timeframe for Ripple vs SEC Case Dismissal

Published

on


Amidst the SEC’s positive approach to XRP exchange-traded funds (ETFs), anxiety is building around the potential resolution of the Ripple lawsuit. Notably, the recent settlement of the Coinbase case has fueled community optimism about a potential dismissal of the XRP lawsuit. According to legal expert Jeremy Hogan, a settlement in the Ripple vs. SEC case is possible as early as Q2 2025.

Will XRP Lawsuit be Settled by May 2025?

As the community awaits an imminent resolution in the XRP lawsuit, advocate Jeremy Hogan shared his insights. In an X post, Hogan stated that the Ripple vs. SEC case could witness a settlement by the first half of April or early May. However, he clarified that the prediction is merely his intuition and not based on any concrete evidence.

Hogan’s comments came in response to Good Morning Crypto host Johnny Krypto’s post. Addressing Hogan, Johnny Krypto shared a thread, seeking the lawyer’s opinion on the impending conclusion of the XRP lawsuit. The message read, “Do you think the XRP case can get dropped sooner than you originally thought or does May still feel right to you gut??

Coinbase Case Closure and XRP Lawsuit Settlement

In a surprising development, the US SEC agreed to drop the prolonged Coinbase lawsuit, marking a significant milestone in the crypto space. The move also highlights the SEC’s regulatory changes that visions the establishment of the US crypto environment.

Celebrating the significant development, Coinbase CEO Brian Armstrong posted on X that the platform reached an agreement with the SEC after “years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country.”

Meanwhile, Jeremy Hogan sees the Coinbase suit dismissal with prejudice as a strong win, as it permanently closes the case. He means that there is no room for the SEC to refile the case.

Notably, as per Hogan’s words, the SEC’s bold move suggests they’re not waiting for Commissioner Atkins’ confirmation to take decisive action on crypto regulation. This implies the SEC might make more crypto-friendly moves even before Atkins takes office, potentially indicating an imminent XRP lawsuit settlement.

SEC’s XRP ETF Acknowledgements Spark Enthusiasm

Over the last few days, the SEC has taken significant steps towards potentially approving XRP ETFs. Particularly, the SEC acknowledged XRP ETF applications submitted by multiple asset managers including Grayscale, 21Shares, CoinShares, Bitwise, and Canary Capital.

This optimistic move, coupled with the SEC’s decision to drop the Coinbase case, has sparked speculations of an early XRP lawsuit settlement. Previously, Jeremy Hogan posited that the XRP lawsuit conclusion could be possible before the SEC’s approval of an XRP ETF.

Although the SEC’s ETF nod doesn’t assure approval, it has fueled community optimism about a potential ETF launch and lawsuit dismissal. As per wider speculations, with the SEC recognizing XRP ETF applications, a lawsuit dismissal is now within reach.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

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.





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io