Bitcoin Stabilizes XDC Soars 20% Crypto Update

December 11th, Cryptocurrency Prices: The bitcoin markets have shown a wide variety of emotions after just one day. Bitcoin’s trading range was mostly $93K to $98K. For an instant, Ethereum fell below $3,500. Although XRP fell below $2, it was up 6% from the day before.

The star performer was XDC Network, whose value increased by 20% during that period. ONDO (ONDO) reported an 18% gain as an additional indicator of strong momentum. The market cap of all stocks has fallen by around 1% to $3.40 trillion. A decline of 7% from the prior level brings the total transaction volume down to $305 billion. By delving into our analysis, you will learn more about the trends and price movements of the key cryptocurrencies on December 11.

BTC Stays, ETH Falls 2%, XRP Rises 6%

Bitcoin price (BTC) has recovered from Monday’s market fall when it hit a low of $94,000 and is presently trading above $97,500. Other major cryptocurrencies, such as BNB and SOL, fell between one and two percent, while Ethereum fell two percent.

Bitcoin Price Today

A range of $98,210 to $94,263 was observed in the price of one bitcoin (BTC), which was $97,198. A trading volume of $104 billion brought the market cap to $1.92 trillion. Returning to 55.90%, Bitcoin’s dominance in the cryptocurrency industry is proof of its continuing performance.

Many large financial institutions buy and sell cryptocurrency today, suggesting that interest among investors is on the rise. Inflows into Bitcoin exchange-traded funds were $439 million, with $295 million coming from BlackRock and $143 million from SoSo Value reported daily. Fidelity became an important buyer with $210 million in inflows. The $62 million in sales for Grayscale’s GBTC show a contrasting attitude among investors.

Be that as it may, MicroStrategy is supposedly attempting to join the Nasdaq 100. This step highlights its rising profile in the wider financial ecosystem and solid market success.

Ethereum Price Today

Ethereum (ETH) is now trading at $3,663, down 1% from yesterday. It ranged from $3,518 to $3,772 in the span of a day. The market cap reached $440 billion as a result of $55 billion worth of activity. With a market dominance of 12.80%, Ethereum maintained its position as the second-largest cryptocurrency by market valuation.

Large money inflows into Ethereum ETFs today also influenced Crypto Update values. Of the $305 million that went into Ethereum exchange-traded funds, $81 million went to BlackRock and $202 million to Fidelity.

BTC Stays, ETH Falls 2%, XRP Rises 6% David Solomon, CEO of Goldman Sachs, has stated that the firm will expand into the Bitcoin and Ethereum markets in the event that restrictions are relaxed. As Solomon pointed out, the business is a licensed bank and so cannot buy or sell Bitcoin or any other digital money on its own.

XRP Price Today

The price of XRP has climbed 6% in the last day, reaching $2.30. The 24-hour high was $1.91 and the low was $2.40, resulting in $26 billion in activity and a $13 billion market valuation.

The XRP market’s whale activity was also emphasized by today’s cryptocurrency pricing. Over the last 30 days, XRP whales have sent 2.66 billion XRP to Binance. Crypto Update, Expert J.A. Maarten claims this market dynamic is the most consequential since the peak of whale activity in April 2024.

Solana Price Today

The price of Solana (SOL) was $218, showing a 4% increase over the past 24 hours. The market capitalization was $103 billion, and the trading volume was $8.23 billion, with a low of $203 and a high of $219 for the 24 hours.

Additionally, today’s cryptocurrency prices highlighted the positive outlook for Solana. Bitwise predicts that in 2025, Solana, Bitcoin, and Ethereum will all hit new peak prices. This forecast shows that people are becoming more optimistic about the future of these big Crypto Update.

Meme Cryptocurrency Prices Today

Meme coins have been experiencing a rising trend today. Dogecoin (DOGE) is up about 1% at $0.39 right now. The value of Shiba Inu (SHIB) increased by almost 6%, reaching $0.00002711.

Other well-known meme currencies, such PEPE, BONK, and WIF, have experienced a slight 2% drop in value during the past 24 hours. Despite the decline, the market for meme coins appears to be heading upward generally.

Top Cryptocurrency Gainer Prices Today

XDC Network

XDC price is today’s top gainer, having risen an impressive 20% in the past 24 hours. The price has ranged from $0.07722 to $0.093 in the past 24 hours, with a current trading price of $0.092. Market interest and XDC network growth are reflected in this rise.

Ondo

The price of ONDO, a cryptocurrency, rose 18% in the last 24 hours and was trading at $1.66 today, demonstrating tremendous momentum in the market. Its market capitalization was $2.32 billion, and its trading volume was $733 million, with a 24-hour low of $1.40. Today, ONDO showed a remarkable increase in the market, becoming the second top gainer.

Bitget Token

The price of Bitget Token (BGN) jumped 17% in the last day, reaching $2.92 on the market. With $325 million in trading activity and a market worth of $4.1 billion, its 24-hour low was $2.40. Bitget Token’s market performance has grown substantially, as evidenced by this strong momentum.

Top Cryptocurrency Loser Prices Today

Movement

At its current price of $0.6862, Movement (MOVE) has fallen in value by 311% in the last 24 hours, making it the worst-performing Crypto Update. Its market capitalization was $1.55B, and at its peak price of $1.44, it traded for $5.366B daily. The price of MOVE reflects its significant decline, making it stand out in the generally stable cryptocurrency market.

Aerodrome Finance

AERO price was trading at $1.86, reflecting a 9% drop. Its 24-hour high was $2.021, with a market cap of $1.32 billion and a trading volume of $106 million. This decline in price highlights the current fluctuations in cryptocurrency prices today.