The crypto market shows signs of continued engagement from investors, despite the holiday season. This indicates a positive end to the year for crypto enthusiasts and raises expectations for a Santa Claus rally that could push prices to new highs.
Bitcoin’s price is up 0.66%, trading at $43,444.46, with a volume of $20.49 billion. Ethereum, on the other hand, has seen a 0.6% decline to $2,268.66, while Solana has experienced strong gains of 7% to reach $120.10.
BNB has increased by 1.18% to $268.93, and XRP is up 3.16% to $0.6364. Among meme coins, Dogecoin has added 1.43% to trade at $0.09386, and Shiba Inu has gained 1.39% at $0.0000109.
The global crypto market cap has increased by 1.08% in the last 24 hours, reaching $1.68 trillion, with a trading volume of $63.23 billion. The fear and greed index indicates a prevailing “greed” sentiment in the market.
Pepe Coin Adds 2%
Pepe Coin, one of the most popular meme coins, has seen a 1.73% increase in price to reach $0.000001416. Its trading volume over the last 24 hours decreased by 18.88% to $89.24 million.
ORDI Adds 37%
ORDI crypto has experienced significant gains in price, rising by 37.37% to $77.32. Its trading volume over the last 24 hours skyrocketed by 255.76% to $1.49 billion.
SATS (1000SATS) Soars 38%
SATS price has surged by 38.02% to reach $0.0009004. Its trading volume has also increased by 473.89% to $462.09 million.
Hot Take: Continued Engagement and Positive Expectations for Crypto Market
The crypto market continues to show strong engagement from investors, despite the holiday season. With Bitcoin reaching new yearly highs and expectations of a Santa Claus rally, there is optimism for a positive end to the year in the crypto market. However, investors should exercise caution due to the volatile nature of digital assets.
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