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Cryptocurrency News Articles

Bitcoin (BTC) Ends 2024 on a Mellow Note, Dips to $92,000; ETH, SOL, XRP, LTC Land in the Red

Dec 31, 2024 at 02:42 pm

Bitcoin (BTC), the world's oldest and most valued crypto, seems to be ending 2024 on a mellow note, as it dipped down to $92,000 early Tuesday.

Bitcoin (BTC) Ends 2024 on a Mellow Note, Dips to $92,000; ETH, SOL, XRP, LTC Land in the Red

As we bid farewell to 2024, the world’s oldest and most valued cryptocurrency, Bitcoin (BTC), seems to be ending the year on a mellow note. After kicking off the day above the $93,000 mark, BTC slipped down to $92,000 early Tuesday. A broader market sell-off saw several other popular altcoins, including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), also landing in the reds across the board.

Meanwhile, the overall Market Fear & Greed Index stood at 48 (Neutral) out of 100, as per CoinMarketCap data. Among the top crypto gainers over the past 24 hours were Virtuals Protocol (VIRTUAL), which saw a 24-hour jump of nearly 2 percent, followed by Mantle (MNT) and FTX Token (FTT). On the other hand, Helium (HNT) emerged as the biggest loser today, with a 24-hour dip of nearly 11 percent.

At the time of writing, the global crypto market cap stood at $3.23 trillion, registering a 24-hour dip of 1.32 percent.

Bitcoin (BTC) Price Today

After a 24-hour dip of 0.99 percent, Bitcoin price stood at $92,706.12, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.87 lakh.

Ethereum (ETH) Price Today

ETH price saw a 24-hour jump of 1.87 percent, currently priced at $3,349.79. At the time of writing, Ethereum price in India stood at Rs 2.91 lakh.

Dogecoin (DOGE) Price Today

DOGE price registered a 24-hour dip of 2.18 percent, as per CoinMarketCap data, currently priced at $0.3104. Dogecoin price in India stood at Rs 27.08.

Litecoin (LTC) Price Today

LTC saw a 24-hour dip of 2.80 percent. At the time of writing, it was trading at $98.66. LTC price in India stood at Rs 8,601.54.

Ripple (XRP) Price Today

XRP price stood at $2.03, seeing a 24-hour loss of 2.79 percent. Ripple price in India stood at Rs 176.44.

Solana (SOL) Price Today

Solana price stood at $188.79, marking a 24-hour dip of 1.81 percent. SOL price in India stood at Rs 16,218.01.

Top Crypto Gainers Today (December 31)

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

Virtuals Protocol (VIRTUAL)

Price: $3.5124-hour gain: 1.54 percent

Mantle (MNT)

Price: $1.2124-hour gain: 1.37 percent

FTX Token (FTT)

Price: $3.6324-hour gain: 0.49 percent

UNUS SED LEO (LEO)

Price: $9.0324-hour gain: 0.24 percent

Sui (SUI)

Price: $4.1024-hour gain: 0.12 percent

Top Crypto Losers Today (December 31)

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

Helium (HNT)

Price: $5.9224-hour loss: 10.78 percent

Movement (MOVE)

Price: $0.844724-hour loss: 10.07 percent

Quant (QNT)

Price: $105.0124-hour loss: 9.52 percent

Pudgy Penguins (PENGU)

Price: $0.0298424-hour loss: 8.83 percent

Aave (AAVE)

Price: $310.9924-hour loss: 8.19 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin briefly rallied near the $95,000 mark before long-term holders booked profits bringing the price back to $92,400.

News source:news.abplive.com

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