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Bitcoin hits monthly low, altcoins extend losses

Today, cryptocurrency prices remained under pressure as Bitcoin (BTC) fell near its monthly low. Altcoins also continued to face declines, reflecting a bearish trend across the crypto market.

Tether (USDT), the largest stablecoin by market capitalization, may face delisting from European exchanges due to non-compliance with new Crypto Asset Markets (MiCA) regulations. The December 30, 2024 compliance deadline has created uncertainty among market participants.

FTX Token (FTT) emerged as the biggest gainer today, with a 7% increase in its price. This development follows FTX’s announcement that claims processing will begin on January 3 next year, with $16 billion in cash expected to be refunded.

The global cryptocurrency market has decreased by approximately 1.5% in the last 24 hours, standing at $3.29 trillion. However, trading volume saw a 12% increase, reaching $90 billion.

Below is a brief overview of some of the top cryptocurrencies by market cap and their cryptocurrency prices today, December 30.

Crypto Prices Today: BTC Falls Below $94,000, XRP and SOL Fall Amid Market Pressure

Cryptocurrency prices today saw Bitcoin (BTC) fall below $94,000, marking a sharp drop. Michael Saylor hinted that he would buy more Bitcoin through his recent post on X, which sparked investor interest. Ethereum (ETH) was the only coin in the green, recording a 1% price increase amid the market decline.

Bitcoin price today

The price of Bitcoin was trading at $93,400, down 1.3% in the last 24 hours. Its 24-hour low and high were $93,079 and $95,341, respectively. However, trading volume increased by 40%, reaching $32 billion.

According to SoSo Value, the BTC ETF recorded a weekly inflow of $387 million last week, indicating renewed institutional interest. In other news, Bitcoin’s clean energy usage has surpassed 50%, highlighting its progress in sustainability. Elon Musk had previously stated that he could accept BTC for payments, leaving the community eager for updates.

Ethereum price today

Ethereum (ETH) price was trading at $3,421, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $3,327 and $3,434, respectively. ETH ETFs recorded a weekly inflow of $349 million, second only to BTC ETFs.

However, concerns arise as Coingape analysts warn of a possible drop to $2,600. This follows a massive inflow of 110,000 ETH onto exchanges, indicating potential selling pressure.

XRP price today

The price of XRP was trading at $2.12, which represents a drop of approximately 3% in the last 24 hours. Its 24-hour low and high were $2,076 and $2,197, respectively.

Solana price today

Solana (SOL) price was trading at $192, reflecting a 1% drop in the last 24 hours. Today’s cryptocurrency prices for SOL revealed a 24-hour low of $188.73 and a high of $197.59, showing slight volatility.

Top prices of winning cryptocurrencies today

FTX Tab

The FTX token (FTT) price was trading at $3.75, showing a 10% increase in the last 24 hours. Today’s cryptocurrency prices for FTT recorded a 24-hour low of $3,416 and a high of $3,826, reflecting strong bullish momentum.

Athena

The price of Ethena (ENA) was trading at $1, showing an approximate 6% price increase in the last 24 hours. Its 24-hour low and high were $0.91 and $1.01, respectively. Trading volume increased by 45%, reaching $352 million, indicating increased market activity.

Furthermore, KuCoin Token (KCS) and Virtuals Protocols (VIRTUAL) have seen gains of 1% to 3% in the last 24 hours. This indicates a positive trend amid current market fluctuations.

Top losing cryptocurrency prices today

Bitget Tab

The BGB token became the biggest loser today, losing approximately 20% in the last 24 hours. Its 24-hour low and high were $6.01 and $7.85, respectively, while trading volume increased by 47%, reaching $1.34 billion.

Chubby penguins

PENGU price fell by 10% and is currently trading at $0.032. Its 24-hour low and high were $0.031 and $0.036, respectively. Despite the recent drop, cryptocurrency prices today show that PENGU is up 500% in the last month.

Movement (MOVE), OKB, and Beam (BEAM) have seen a drop of approximately 5% in the last 24 hours, reflecting a slight drop in their prices.

In addition to this, the hourly chart is also showing downward momentum, with Bitcoin price falling 0.23%. Other major altcoins are showing a similar pattern, each down about 1% in the last hour.

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CoinGape comprises an experienced team of native content writers and editors who work around the clock to cover news globally and present it as fact rather than opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.

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