Crypto Price Today (Dec 18th, 2024): Bitcoin Price Hits New ATH at $108k
There was a slight correction in the cryptocurrency market today, with the total market value falling by 2.81% to $3.63 trillion. Intraday trading volume also fell by 3.50% to $192.27 billion. This reddish number is surprising as Bitcoin hit a new ATH of over $108,000. Having said that, sentiment is quite optimistic as the Fear and Greed Index continues to signal “extreme greed”.
Bitcoin slides again after new round of ATH
After hitting an all-time high of $108,268.45, Bitcoin has cooled off, falling 2.44% to $104,018.21. Strategic reserve proposals and institutional moves have driven Bitcoin prices to new peaks, such as MicroStrategy’s recent purchase of 15,350 BTC for $1.5 billion. However, its trading volume fell by 8.76% to close at $73.53 billion.
For a deeper dive into the future of Bitcoin, explore our Bitcoin Price Prediction.
Altcoins sending mixed signals?
The situation in the altcoin market today is mixed. Ethereum fell 4.08% to $3,849.25, while Solana was fairly stable, falling only 1.57% to $217.45. However, XRP bucked the trend and rose 0.86% to $2.51.
For a detailed analysis of Ethereum, check out our Ethereum Price Prediction Page.
The biggest increase:
promise: Dominate the market, surging 507.98% to $0.03039, dominating the market.
- begbe: up 12.88% to $4.07.
- HBAR: up 5.33% to $0.2928.
Biggest loser:
- easy: fell 11.35% to $2.68.
- LDO: fell 9.19% to $2.04.
- HNT: fell 8.56% to $7.93.
Stay tuned for more updates and insights into the rapidly evolving cryptocurrency space.
FAQ
Bitcoin has lost 2.44% in the past 24 hours and is trading at $104,018.21.
PENGU soared more than 507%, leading the day’s top gainers.
The Fear and Greed Index remains at 80, indicating extreme greed in the market.
