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Today the price of cryptocurrencies is stable at $96,000, with ENA emerging as the top gainer.
Quick analysis of the price of cryptocurrencies on December 30: The market capitalization fell to $3.27 trillion worldwide.
Over the weekend, Bitcoin (BTC) was able to hold steady in the $96,000 range. According to CoinMarketCap statistics, the overall Market Fear & Greed Index was 50 (Greed) out of 100, with other well-known altcoins, such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experiencing slight gains and losses overall. With a 24-hour climb of about 4 percent, Ethena (ENA) was the biggest gainer. With a 24-hour decline of more than 19 percent, Bitget Token (BGB) was the largest loser today.
At the time of writing, the worldwide cryptocurrency market capitalization was $3.27 trillion, representing a 1.83 percent 24-hour decline.
The Current Price of Bitcoin (BTC)
According to CoinMarketCap, the price of bitcoin was $96,116.62, representing a 1.74 percent 24-hour decline. Indian exchanges reported that the price of bitcoin was Rs 79.87 lakh.
The current price of Ethereum (ETH)
At the time of writing, the price of ETH was $3,398.84, representing a 0.57 percent 24-hour increase. In India, the price of Ethereum was Rs 2.91 lakh.
The current price of Dogecoin (DOGE)
According to CoinMarketCap data, DOGE saw a 2.65% 24-hour decline and is now trading at $0.3168. In India, the price of Dogecoin was Rs 27.08.
The current price of Litecoin (LTC)
The 24-hour increase for Litecoin was 0.68 percent. It was trading at $100.60 at the time of writing. In India, the price of LTC was Rs 8,601.54.
The Current Price of Ripple (XRP)
The price of XRP was $2.06, a 5.44 percent 24-hour decline. In India, the price of ripple was Rs 176.44.
The current price of Solana (SOL)
At $190.83, the price of Solana had dropped 2.08 percent in a day. The price of SOL in India was Rs 16,218.01.
Top Cryptocurrency Profits for Today, December 30
The top five cryptocurrency gainers during the last 24 hours, according to CoinMarketCap data, are as follows:
Ethena (ENA)
Cost: $0.9779
Gain in a day: 3.77 percent
The KuCoin Token (KCS)
Cost: $11.16; gain in 24 hours: 2.95 percent
Token FTX (FTT)
Cost: $3.62
Gain in a day: 2.94 percent
Lido DAO (LDO)
Cost: $1.84
Gain for the day: 0.71 percent
Fantom (FTM)
Cost: $0.784
Gain during a 24-hour period: 0.53%
Today’s Top Crypto Losers
The top five cryptocurrency losers over the last day, according to CoinMarketCap data, are as follows:
The Bitget Token (BGB)
Cost: $6.24
Loss over 24 hours: 19.25 percent
Penguins that are pudgy (PENGU)
Cost: $0.03199
Loss over 24 hours: 10.50 percent
Beam (BEAM)
Cost: $0.02619
Loss over 24 hours: 6.83 percent
The mantra (OM)
Cost: $3.59
Loss in a day: 5.74 percent
XRP, or Ripple
Cost: $2.06
Loss over 24 hours: 5.58 percent
Crypto Exchanges' Reactions to the Present Market Situation
“Bitcoin is currently trading at $93,600,” Edul Patel, co-founder and CEO of Mudrex, told ABP Live. Bitcoin stayed above its 200-day moving average, indicating strong buying interest at the lower levels, despite the weekend drop. Furthermore, at 42, the Relative Strength Index (RSI) shows that Bitcoin is neither overbought nor oversold. The support for Bitcoin is still near the previous low of $92,800, while the next resistance is at $96,600.
“Bitcoin had the worst winter in December as it seemed to lose its steam under the increased pressure of selling from the bears,” stated Avinash Shekhar, co-founder and CEO of Pi42. Bitcoin merely closed below the 50-day simple moving average value of $96,124 on December 27, demonstrating the power of bulls, despite purchasers’ best efforts to break beyond the $100K barrier. If Bitcoin holds the 90K mark, bulls will probably battle for a defense. However, only a sustained break over 100K might highlight the bullish trend once more. If BTC is unable to hold the crucial technical mark, it may fall to lows of 76,647.
“After a steep drop from its all-time high of $108,364, Bitcoin’s price action leans bearish as it approaches key support at $92,118,” stated Sathvik Vishwanath, CEO and co-founder of Unocoin. The Donchian channel basis at $100,241 is still untested, and the EMA20 at $97,149 is trending lower and serving as resistance. Weak bullish momentum is indicated if these levels are not regained. Further drops near $88,500 or $86,000 might be triggered by a breakdown below $92,118. Regaining $97,149 and closing over $100,241 on the other hand, could indicate a turnaround. The short-term forecast for Bitcoin is dominated by persistent bearish indications, so traders should keep a close eye on these crucial levels. It is crucial to exercise caution and employ flexible tactics.
“Ethereum has demonstrated resilience in the market, trading at $3,400, marking a 0.53% increase over the last 24 hours,” stated Shivam Thakral, CEO of BuyUcoin. Strong fundamentals and investors’ continued optimism about the asset’s future are reflected in this upswing. In the meantime, Bitcoin had a minor decrease, falling below the $94,000 barrier, which might have influenced a change in market mood.
Disclaimer: NFTs and cryptocurrency goods are unregulated and can be very dangerous. For any losses resulting from such transactions, there might be no regulatory redress. Cryptocurrency is vulnerable to market risks and is not a legitimate form of payment. Before making any form of investment, readers are encouraged to consult an expert and carefully study the offer document or documents and any relevant, significant literature. Predictions about the cryptocurrency market are purely theoretical, and readers assume all risk and expense for any investments they make.
Frequently Asked Questions
At the time of writing, Bitcoin (BTC) is priced at $96,116.62, showing a 1.74% 24-hour decline. It remains steady above the $96,000 range but faces resistance near $100,000. Analysts suggest caution as bearish indicators dominate the short-term outlook.
Ethena (ENA) emerged as the top gainer, with a 24-hour increase of 3.77%, trading at $0.9779. This reflects positive sentiment around the token despite broader market volatility.
The global cryptocurrency market capitalization is $3.27 trillion, marking a 1.83% decline over the past 24 hours. This drop reflects mixed trends among major cryptocurrencies.
Ethereum (ETH) is trading at $3,398.84, with a 0.57% 24-hour increase, demonstrating resilience. It contrasts with Bitcoin’s slight decline, supported by strong fundamentals and investor optimism.
Cryptocurrency investments are highly volatile and unregulated. They involve market risks and are not considered a legitimate form of payment. Readers are advised to consult financial experts, study offer documents, and proceed cautiously with investments
