The crypto prices today were in the green, as the market participants seem to be putting their bets into the market ahead of the revised U.S. GDP data. The key economic data, scheduled for release later today, will shed light on the current health of the economy. In addition, it would provide cues on the potential moves of the Federal Reserve in 2024.
Meanwhile, the recent rally could also be attributed to the speculations over BTC Spot ETF approval, and the upcoming Bitcoin halving event. Several analysts believe that both these events would trigger massive inflow in the market while sending the major cryptos to their record highs.
Notably, talking about the recent crypto prices, the Bitcoin price regained momentum and added 2.64% to trade at $43,684.64. The trading volume of the crypto was up 41% to $29.25 billion. Meanwhile, Bitcoin’s run towards the $44,000 mark has also sparked speculations over the crypto hitting a new yearly high by the end of 2023.
On the other hand, the Ethereum price noted gains of 0.31% and traded at $2,200.87 during writing, with its trading volume soaring 29.57% to $12.98 billion. Simultaneously, the BNB price was up 2.33% to $258.15 on December 21, while its trading volume slipped 22.36% to $1 billion.
Interestingly, the Solana price has added 11.7% to $83.87, with its trading volume skyrocketing 112.01% to $4.05 billion. Notably Solana crypto has flipped XRP on December 20 to secure the 5th position by top market capitalization. The XRP price ticked up 0.90% to $0.6155 during writing.
In the meme coin segment, the Dogecoin price noted slight gains of 0.47% to trade at $0.0915, with its trading volume rising 35.01% to $595.39 million. Simultaneously, the Shiba Inu price also noted slight gains of $0.61 to $0.00001023 during writing.
Meanwhile, the gains in almost all the major crypto prices have triggered a rally in the global crypto market. As of writing, the global crypto market cap advanced 2.03% to $1.63 trillion, while its trading volume rose 25.71% to $71.57 billion. The fear and greed index stood at 74, implying a “greed” sentiment in the market.
Also Read: US Govt. Formally Seizes ~70,000 Bitcoins from Silk Road
The Top Crypto Prices For Today Are
Pepe Coin Stays Near The Flatline
The Pepe Coin has continued its run towards the south despite a positive sentiment in the broader market, suggesting how the investors are trading cautiously ahead of the crucial weeks ahead. Meanwhile, the Pepe Coin price inched down 0.34% to $0.00000126 during writing on Thursday, while its trading volume soared 10.54% to $76.52 million.
IoTeX (IOTX) Soars 33%
The IoTeX price was up 32.61% and traded at $0.06468 during writing, making it one of the top percentage gainers in the crypto market today. Its trading volume also noted gains of 54.32% to $116.77 million. Notably, the crypto has added over 160% over the last 30 days, along with a 100% weekly surge.
ORDI (ORDI) Gains 12%
The ORDI crypto was also on the traders’ radar lately, as evidenced by the recent rally of the crypto. Meanwhile, as of writing on December 21, the ORDI price was up 12.26% and traded at $57.07, while its trading volume from yesterday rose 40.63% to $517.04 million. Notably, over the last 30 days, it has added around 180% in its price.
Also Read: Bitcoin ETF Approval Can Come Earlier Than Expected, BTC levels To Watch
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
