BTC Drops Below $106K, PENGU Soars by 550%, BGB Up by 17%

Crypto costs at present noticed main fluctuations as Bitcoin (BTC) hit a brand new all-time excessive of $108,000 earlier than retreating beneath $106,000, showcasing important volatility in current buying and selling. In the meantime, Pudgy Penguins (PENGU), a token launched simply yesterday, recorded a exceptional 550% surge inside 24 hours, propelling it into the highest 100 cryptocurrencies by market cap. Bitget Token (BGB) additionally skilled a powerful uptick, climbing 17% regardless of a broader market dip.

The general market cap declined by roughly 1% to $3.71 trillion, whereas buying and selling volumes fell by 8.6% to $185 billion. The Worry and Greed Index signaled excessive greed, studying 80. So, let’s take a better have a look at among the leading cryptocurrencies by market cap and their worth motion on December 18.

Crypto Costs In the present day: Market Tackles Turbulence However Some Alts Soar

The crypto market confirmed a blended response, with Bitcoin and Ethereum down by 1% to three%. Nevertheless, U.S.-based tasks like XRP, Stellar (XLM), and Hedera (HBAR) surged by 3% to six% over the past 24 hours, reflecting constructive momentum amongst choose altcoins regardless of the broader market dip.

Bitcoin Value In the present day

The Bitcoin (BTC) price dropped by 1% and was buying and selling at $105,368. Its 24-hour high and low have been $105,004 and $108,269, respectively. The market cap stood at $2.09 trillion, with $70 billion in buying and selling quantity. Its market dominance was recorded at 56.63%.

As per SoSo Value, BTC ETFs noticed an outflow of 247 million BTC on Tuesday, with Constancy main the outflows at 128 million BTC. Grayscale’s GBTC recorded an 84 million BTC outflow, whereas knowledge from BlackRock remains to be awaited.

Ethereum Value In the present day

Ethereum (ETH) price at present was buying and selling at $3,869, marking a 4% drop within the final 24 hours. Its 24-hour high and low have been $3,836 and $4,040, respectively. The market cap stood at $466 billion, with $35 billion in buying and selling quantity. The market dominance was recorded at 12.67%.

ETH ETFs noticed an influx of roughly 10 million, with Grayscale accounting for 4.45 million of the influx and Constancy taking in roughly 4 million. Information from BlackRock remains to be anticipated.

XRP Value In the present day

XRP price has risen by 3% within the final 24 hours, buying and selling at $2.55. Its 24-hour high and low have been $2.463 and $2.717, respectively. In crypto costs at present, XRP’s market cap is $146 billion, with a buying and selling quantity of $17 billion, making it the third-largest cryptocurrency by market cap. Moreover, Ripple’s stablecoin RLUSD went live yesterday, marking Ripple’s entry into the stablecoin market.

Solana Value In the present day

Solana (SOL) price has elevated by 2% within the final 24 hours, buying and selling at $218. Its 24-hour high and low have been $213 and $228, respectively. Its market cap stands at $104 billion, with a buying and selling quantity of $6 billion and a market dominance of two.85%.

Meme Crypto Costs In the present day

Meme cash have proven a bearish response out there. Dogecoin (DOGE) is down by roughly 3% and is now buying and selling at $0.39. Shiba Inu (SHIB) has additionally seen a 4% decline, presently buying and selling at $0.00002609. Different notable meme cash like PEPE, BONK, and WIF have dropped by 2% to six%. These actions replicate the pattern in crypto costs at present, because the meme coin market faces a correction amid broader market fluctuations.

Prime Crypto Gainer Costs In the present day

Pudgy Penguins

Pudgy Penguins (PENGU) grew to become the highest gainer for at present, surging by 550% within the final 24 hours. The worth skyrocketed after Binance launched it yesterday. At present, PENGU is buying and selling at $0.03, with a 24-hour low of $0.02 and a excessive of $0.06.

Bitget Token

Bitget Token (BGB) continues its robust efficiency, marking the second consecutive day as a high gainer. In the present day, it’s up by 17%, presently buying and selling at $4.18. Its 24-hour high and low vary between $3.56 and $4.23. The rise in worth is attributed to Bitget, the main cryptocurrency change, being granted a license to function as a Bitcoin service supplier by El Salvador’s Central Bank.

Litecoin

Litecoin (LTC) was up by roughly 7% within the final 24 hours and is presently buying and selling at $125. Its 24-hour high and low have been $114 and $129. The rise in worth is principally attributed to predictions from Bloomberg analysts {that a} Litecoin ETF may launch prior to these for Solana and XRP. As seen in crypto costs at present, Litecoin’s development is notable amid broader market traits.

Prime Crypto Loser Costs In the present day

Lido DAO

Lido DAO (LDO) worth was down by 9% and is presently buying and selling at $2.08. Its 24-hour high and low have been $2.05 and $2.31, making it the worst performer for at present. In crypto costs at present, Lido DAO’s decline stands out amidst different market actions.

Aptos

Aptos (APT) worth was down by 8% and is now buying and selling at $12.89. Its 24-hour high and low have been $12.72 and $14.36. In crypto costs at present, Aptos confirmed a notable decline in comparison with different property.

Fantom

Fantom (FTM) was down by 7% and is buying and selling at $1.31. Its 24-hour high and low have been $1.297 and $1.43. The market cap stands at $3.67 billion with a 24-hour buying and selling quantity of $475 million. Crypto costs at present replicate a slight dip for Fantom.

In addition to, the hourly chart reveals a bearish pattern, with Bitcoin down by half a %, and main altcoins like XRP, Solana (SOL), and Binance Coin (BNB) down by roughly 1% within the final hour. This means short-term promoting strain throughout the market.