coinpedia
2024-12-17 13:33:27

Crypto Market Today (Dec 17th, 2024): Bitcoin Soars Amid Extreme Greed Sentiment

The post Crypto Market Today (Dec 17th, 2024): Bitcoin Soars Amid Extreme Greed Sentiment appeared first on Coinpedia Fintech News The crypto market is continuing its bullish streak, as investors fuel the optimism. This led to the market cap climbing 2.87% to $3.76 trillion in 24 hours, and the trading volumes shooting up 21.38% to $206.02 billion. Amidst this, the Fear & Greed Index highlights an “Extreme Greed” score of 81. Bitcoin Price Today Bitcoin has been the primary driving force of the crypto market since yesterday. It is currently changing hands at $106,871.72 with a surge of 3.14% over the previous day. The greenish numbers did influence traders, who pushed the volumes to $79.4 billion, an 18% extra over the previous day. Bitcoin has now solidified its market presence with its dominance at 56.28%, which could only increase in the near short-term. Read our Bitcoin Price Prediction for deeper insights into BTC’s future trajectory. Altcoin Watch: ETH, SOL, XRP Shine Ethereum has been building momentum on its daily chart, with a 2.29% price spike it is now trading at $3,996.71. While Solana delivered a notable spike of 3.57% to $221.09, XRP was the standout performer, rallying by 14.58% to $2.69. Curious about ETH’s future? Read our Ethereum Price Prediction for potential price targets! Top Gainers & Losers: BGB led the top 100 cryptos with a 16.67% price spike to $3.81, followed by XLM, which rose 11.83% to $0.463. XRP took the spotlight, registering a 10.53% increase for the day. On the losing side, HNT price fell 8.08% to $8.99, followed by ENS, which sunk 6.76% to $44.07. VIRTUAL also slipped by 6.52% to $2.74. FAQs What is Bitcoin (BTC) price today? Bitcoin is currently priced at $106,871.72, with a 3.14% gain over the past 24 hours. Which cryptocurrencies performed the best today? Bitget Token (BGB), Stellar (XLM), and XRP were the top gainers, with increases of 16.67%, 11.83%, and 10.53%, respectively. What is the current sentiment in the crypto market? The Fear & Greed Index with a score of 81, highlights “Extreme Greed” sentiment among investors.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.