Crypto Prices Today Dec 14: BTC Surges Above $102K, Virtual Rises 16%, Core Gains 10%

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As a seasoned researcher with over a decade of experience in the financial markets, I must say that today’s crypto market dynamics remind me of the early days of the dot-com boom – a mix of excitement, uncertainty, and immense potential. The bullish sentiment is palpable, and it’s fascinating to witness Bitcoin surpassing $102,000 again, Ethereum gaining ground, and altcoins like Virtual Protocol and Core showing impressive growth.

The cryptocurrency market is showing a positive trend, with Bitcoin (BTC) surpassing $102,000 in its trading. Over the past day, significant altcoins have risen by between 2% and 5%. Notably, Virtual Protocol (VIRTUAL) and Core (CORE) have stood out as the top performers, experiencing gains of approximately 16% and 10%, respectively.

Currently, the total value of all cryptocurrencies globally amounts to approximately $3.66 trillion, which represents a 2% increase over the past day. On the other hand, trading volume has decreased by 20%, now sitting at around $173 billion. Let’s examine some top cryptocurrencies based on market capitalization and their price fluctuations today.

Crypto Prices Today: Bitcoin Crossed $100K, ETH and XRP See Gains

Once more, Bitcoin (BTC) has soared above the $100K barrier, currently trading at around $102,000. Ethereum (ETH) is experiencing a 2% increase, while XRP has seen a significant jump of 5%. Notably, popular meme coins have demonstrated robust growth, with gains ranging from 2% to 3% over the past day. On a forward-looking note, VanEck anticipates fresh all-time highs for Bitcoin, Ethereum, and Solana by 2025, driven by increased adoption within the U.S., technological advancements, and artificial intelligence integration in blockchain technology.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $102,000, marking a 3% rise in the last 24 hours. Its 24-hour low and high were recorded at $99,539 and $102,629, respectively. The cryptocurrency’s market cap reached $2.02 trillion, with a trading volume of $58 billion. Bitcoin’s market dominance stood strong at 55.3%, reflecting its continued leadership in the crypto market.

As a researcher studying the dynamics of Exchange-Traded Funds (ETFs), I observed a blend of activities in the market last Friday. Farside Investor injected a substantial $35 million into Bitcoin ETFs, which serves as a testament to growing investor confidence in this sector. Meanwhile, Fidelity demonstrated robust institutional interest by adding $60 million in Bitcoin ETFs to their portfolio.

In other news, Frank Ahlgren from Austin, Texas, was sentenced to two years in prison for tax fraud. He failed to report $3.7 million in Bitcoin (BTC) gains, highlighting the ongoing challenges of tax compliance in cryptocurrency investments.

Ethereum Price Today

Today’s Ethereum (ETH) price stands at approximately $3,919, representing a slight upward trend compared to yesterday. Over the past 24 hours, its price fluctuated between $3,873 (lowest point) and $3,968 (highest point). Remarkably, Ethereum has demonstrated significant growth over the past month, increasing by around 22%. This robust growth is sustained by a strong market momentum. As of today, its market capitalization amounts to an impressive $472 billion, with a trading volume of approximately $34 billion.

Institutional investors appear to be increasingly interested in Ethereum-based ETFs as they collectively invested approximately $14 million. Grayscale and Fidelity each contributed $7 million, making up the total inflow. The market is anticipating data from BlackRock’s ETF offerings, hoping for more insights into this growing trend.

XRP Price Today

Currently, the value of XRP is at approximately $2.44, marking a 5% rise in the past day. Its lowest and highest points within this period were $2.29 and $2.47 respectively. With a market capitalization of around $140 billion and a daily trading volume of roughly $9 billion, XRP ranks as the fourth largest cryptocurrency by market cap. Crypto analyst Dark Defender has drawn attention to significant price levels to monitor in light of the formation of a bull flag pattern, indicating a possible continuation of its upward trend.

Solana Price Today

The current Solana (SOL) price is $226, representing a 1% decrease over the past 24 hours. During this period, its lowest and highest points were $220 and $227 respectively. Currently, Solana has a market capitalization of $108 billion, with trading volume amounting to $4 billion. CoinGape analysts predict a possible price increase for SOL due to the bullish tendencies in the crypto market. The positive momentum surrounding Solana is growing, attracting both developers and investors, who are optimistic about a potential 100% rise within the next few months.

Meme Crypto Prices Today

Meme-based cryptocurrencies are experiencing a surge, as Dogecoin (DOGE) has climbed by 2%, currently priced at $0.41. Shiba Inu (SHIB) has jumped 3% to reach $0.00002852. Notable meme coins like PEPE, BONK, and FLOKI have risen between 2% and 4% over the past day, suggesting a widespread uptick in this sector of the market.

Top Crypto Gainers Prices Today

Virtuals Protocol

Today, VIRTUAL saw a 16% increase, making it the day’s leading gainer, currently trading at $2.53. Over the past week, its value has climbed by an impressive 40%, while over the last month, it has skyrocketed by as much as 628%. This dramatic price rise is a direct result of the news that VIRTUAL will be listed on Binance, one of the world’s premier cryptocurrency exchanges. The announcement has sparked high investor interest and market activity.

Core

Today, CORE’s price soared to become the second biggest gainer, experiencing a 10% surge over the past 24 hours. Currently, it’s being traded at $1.50. Over this period, its lowest point was $1.368 and it peaked at $1.511, demonstrating a favorable trend in the market. This impressive performance lines up with the generally bullish sentiment observed across cryptocurrency prices today.

Movement

Today, MOVE‘s price increased by 8% and is currently at $0.6833. Its highest and lowest points within the past 24 hours were $0.6891 and $0.5989 respectively. The market capitalization of MOVE stands at a substantial $1.54 billion, with a trading volume of $539 million, indicating high market activity.

Top Crypto Losers Prices Today

Aerodrome Finance

Yesterday, AERO experienced the greatest drop among all cryptocurrencies, falling by 4% over the past 24 hours. Currently, it’s trading at $2.09, with its lowest point during this period being $1.99 and a peak of $2.20. However, the broader trend in the crypto market today remains favorable for most other tokens.

Lido Dao

The cost of LDO decreased by 3% to reach $2.23. Currently, its total value in the market is approximately $2 billion. Over the past 24 hours, it hit a high of $2.347, but there was a slight decrease despite an otherwise favorable market.

As a researcher, I am observing a bullish trend in the hourly time frame for Bitcoin and significant altcoins such as XRP. In the past 24 hours, XRP has shown an increase of 1%, adding to the overall positive momentum. This upward trend mirrors the current performance of key cryptocurrencies today, where they are consistently performing well in the crypto market.

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2024-12-14 06:56