The crypto prices today were in the positive territory, after witnessing volatile trading lately, as investors took a cautious stance to assess the current economic health and other relevant factors. Notably, the digital asset space witnessed a mixed sentiment throughout the week amid regulatory hurdles and other factors have weighed on the investors’ sentiment.
However, the start of December seems to have fuelled the confidence of the market participants, as seen by the recent surge in crypto prices. Meanwhile, the market seems to have regained confidence as the recent U.S. PCE inflation data, a key gauge for inflation, has cooled to 3% in October.
Interestingly, the crypto prices have noted positive momentum following the release of the data on Thursday, November 30. Notably, the Bitcoin price started December on a positive note, adding 0.28% in its price over the last 24 hours and trading at $38,183.11. Over the past week, the crypto’s price has added over 2%.
On the other hand, the Ethereum price increased by 2.78% to $2,098.65 during writing, while its trading volume over the last 24 hours soared 5.32% to $9.31 billion. Simultaneously, the XRP price ticked up 0.43% to $0.612, while its volume from yesterday fell 4.46% to $983.18 million.
The Solana price noted gains of 0.41% over the last 24 hours and traded at $60.91 during writing, while its one-day trading volume fell 33.54% to $1.31 billion. In contrast, the Cardano price was down 0.54% to $0.3798 as of writing, with its trading volume rising 5.89% to $274.91 million.
In the meme coin segment, the Dogecoin price soared 2.81% to $0.08404, while its trading volume jumped 9.53% to $664.61 million. On the other hand, the Shiba Inu price has surged 1.21% to $0.000008359 during writing, while its trading volume from yesterday fell 20.95% to $236.29 million.
Meanwhile, the surge in crypto prices today has fuelled gains in the overall market, as witnessed by the upswing momentum of the market. The global crypto market cap rose 0.62% to $1.44 trillion as of writing, while the market volume fell 6.69% to $44.61 billion at the same time. Notably, the crypto market fear and greed index stood at 70, suggesting a bullish, mainly “greed”, sentiment in the market.
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The Top 4 Cryptos For Today Are
Pepe Coin Soars 3%
The Pepe Coin price was up 3.01% on December 1 and traded at $0.000001105 during writing. Meanwhile, its trading volume over the last 24 hours fell 13.29% to $40.26 million at the same time. Meanwhile, with its recent gains, the meme coin’s price noted a surge of over 2% over the last seven days, despite choppy trading over the week.
Celestia (TIA) Jumps 13%
The Celestia crypto was among the top movers in today’s session, reflecting the bullish sentiment witnessed in the broader crypto market. Meanwhile, the Celestia price moved up 12.68% to trade at $6.95 as of writing, while its trading volume over the last 24 hours rose 19.69% to $163.89 million.
Render (RNDR) Adds 7%
The Render crypto was another top gainer on Friday, December 1, adding 7.05% to its price from yesterday while trading at $3.53 during writing. Meanwhile, the volume of the crypto soared 49% to $115.28 million at the same time, suggesting an increasing interest from investors toward the crypto.
Sei (SEI) Crypto Adds 8%
The SEI price was up 7.60% and traded at $0.2601 on December 1, while its trading volume in the last 24 hours fell 38.18% to $322.64 million. Meanwhile, with its recent gains, the crypto’s price has added more than 33% in the last seven days, along with a surge of over 136% over the past 30 days.
Also Read: President of Colombia Gustavo Petro Officially Owns Bitcoin
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.
