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Cryptocurrency News Articles

Bitcoin (BTC) Dips Down to $96,000 Early Friday

Dec 27, 2024 at 02:50 pm

Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor losses across the board

Bitcoin (BTC) Dips Down to $96,000 Early Friday

Bitcoin price dipped below $96,000-mark on Friday, December 27, while other popular altcoins, including Ethereum, Solana, Ripple, and Litecoin, saw minor losses across the board.

At the time of writing, the overall Market Fear & Greed Index stood at 63 (Greed) out of 100, as per CoinMarketCap data.

Meanwhile, Bitget Token (BGB) remained the top gainer for the second consecutive day, with a 24-hour jump of nearly 15 percent. On the other hand, Pudgy Penguins (PENGU) was the biggest loser today, with a 24-hour dip of over 11 percent.

The global crypto market cap stood at $3.34 trillion at the time of writing, registering a 24-hour dip of 1.86 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $96,350.64, registering a 24-hour dip of 1.70 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.34 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,383.18, marking a 24-hour loss of 1.61 percent at the time of writing. Ethereum price in India stood at Rs 2.82 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 2.58 percent, as per CoinMarketCap data, currently priced at $0.3147. Dogecoin price in India stood at Rs 26.87.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 2.40 percent. At the time of writing, it was trading at $103.90. LTC price in India stood at Rs 8,731.50.

Ripple (XRP) Price Today

XRP price stood at $2.18, seeing a 24-hour dip of 2.90 percent. Ripple price in India stood at Rs 186.76.

Solana (SOL) Price Today

Solana price stood at $195.02, marking a 24-hour loss of 1.94 percent. SOL price in India stood at Rs 15,514.47.

Top Crypto Gainers Today (December 27)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Bitget Token (BGB)

Price: $7.32

24-hour gain: 14.90 percent

FTX Token (FTT)

Price: $3.78

24-hour gain: 6.01 percent

Uniswap (UNI)

Price: $13.88

24-hour gain: 4.25 percent

GateToken (GT)

Price: $15.78

24-hour gain: 3.36 percent

Hyperliquid (HYPE)

Price: $26.86

24-hour gain: 2.96 percent

Top Crypto Losers Today (December 27)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Pudgy Penguins (PENGU)

Price: $0.03569

24-hour loss: 11.85 percent

Movement (MOVE)

Price: $1.03

24-hour loss: 11.65 percent

Hedera (HBAR)

Price: $0.282

24-hour loss: 8.31 percent

Fantom (FTM)

Price: $0.8712

24-hour loss: 7.93 percent

Bonk (BONK)

Price: $0.00003052

24-hour loss: 6.93 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading near the $96,000 mark after investors booked profits at higher levels. Despite the pullback, Vivek Ramaswamy’s Strive filing for ‘Bitcoin Bond ETFs’ indicates strong institutional interest in Bitcoin-related investment products. With reduced institutional activity during the holiday season, retail investors take control, waiting for a positive catalyst to drive price action. BTC's next resistance stands at $98,400

News source:news.abplive.com

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