Bitcoin (BTC), the oldest and most valuable cryptocurrency, dipped down to the $96,000 mark early Tuesday, breaking its streak. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds as the overall Market Fear & Greed Index stood at 76 (Greed) out of 100, as per CoinMarketCap data. The UNUS SED LEO (LEO) token became the sole top gainer, with a 24-hour jump of over 2 percent. GALA was the biggest loser today, with a 24-hour dip of over 22 percent.
The global crypto market cap stood at $3.40 trillion at the time of writing, registering a 24-hour dip of 6.64 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,925.37, registering a 24-hour loss of 3.31 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 84.28 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,640.72, marking a 24-hour dip of 7.58 percent at the time of writing. Ethereum price in India stood at Rs 3.34 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 14 percent, as per CoinMarketCap data, currently priced at $0.3907. Dogecoin price in India stood at Rs 38.30.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 19.16 percent. At the time of writing, it was trading at $105.61. LTC price in India stood at Rs 11,050.09.
Ripple (XRP) Price Today
XRP price stood at $2.06, seeing a 24-hour loss of 15.80 percent. Ripple price in India stood at Rs 210.16.
Solana (SOL) Price Today
Solana price stood at $210.02, marking a 24-hour dip of 9.45 percent. SOL price in India stood at Rs 19,556.75.
Top Crypto Gainers Today (December 10)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
UNUS SED LEO (LEO)
Price: $9.56
24-hour gain: 2.15 percent
Pepe (PEPE)
Price: $0.00002703
24-hour gain: 4.41 percent
Mantle (MNT)
Price: $1.20
24-hour gain: 3.43 percent
Monero (XMR)
Price: $207.92
24-hour gain: 2.80 percent
Uniswap (UNI)
Price: $18.02
24-hour gain: 2.61 percent
Top Crypto Losers Today (December 10)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Gala (GALA)
Price: $0.04495
24-hour loss: 22.69 percent
Worldcoin (WLD)
Price: $2.82
24-hour loss: 22.69 percent
IOTA (IOTA)
Price: $0.3655
24-hour loss: 22.45 percent
Chainlink (LINK)
Price: $21.17
24-hour loss: 22.29 percent
dogwifhat (DOG)
Price: $2.87
24-hour loss: 22.02 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is currently trading at the $96,000 level, with some positions being liquidated over the past day. Adding to the momentum, MicroStrategy has made another significant purchase, acquiring 21,550 BTC for $2.1 billion. Over the past year, Bitcoin has surged by 120%, including a 25% increase in the last month, reflecting growing adoption among institutions and retail investors alike. Interestingly, the number of individuals holding 0-0.001 BTC has reached an all-time high. This figure has consistently grown cycle after cycle, signaling increased participation and confidence in the market. It indicates that many retail investors who were merely curious in previous cycles have now become active participants. However, there remains significant potential for even broader retail adoption in the market.”
CoinSwitch Markets Desk noted, “Crypto markets endured a slow but steady decline over the weekend, which intensified during U.S. evening hours on Monday, leaving the sector deep in the red. Bitcoin plunged to $94K, dragging altcoins down with it, as bearish momentum gained steam. According to CoinGlass, over $750 million in leveraged derivatives positions were wiped out in the past 24 hours, with most liquidations being bullish bets—a clear signal of overly optimistic sentiment getting punished.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has been recognized as “digital gold” by the U.S. Treasury following a significant price surge, reaching around $96,538. This recognition comes amid a broader positive sentiment in the cryptocurrency market, particularly as XRP surged to a near six-year high of $2.90, driven by expectations of a favorable regulatory environment under a potential Trump administration and the resolution of Ripple’s legal issues with the SEC. The market is optimistic as investors anticipate continued bullish trends, especially with historical data indicating that December often yields strong performances for Bitcoin.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is still near the critical $100,000 level but faces challenges after repeated failures to stay above. A break above this level could take BTC to $113,331 and $125,000, but failure to maintain the 20 day EMA could lead to a fall to $90,000 or the 50 day SMA to $84,719. Meanwhile, Ethereum fell to $3,676 after failing to break the $4,050 resistance, its most active correction since mid-November. Despite this, 17% annualized future premiums and high onchain activity mean it continued to enjoy high levels of interest. However, stopgap events and increased funding interrupt immediate recovery efforts.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.