Bitcoin (BTC), the leading cryptocurrency, remained under $95,000 as of early Friday. Other major altcoins, including Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced declines, with the Market Fear & Greed Index reported at 43 (Neutral) by CoinMarketCap. The AIOZ Network (AIOZ) token stood out as the top gainer, surging nearly 14 percent in 24 hours, while THORChain (RUNE) suffered as the biggest loser, dropping over 10 percent.
Currently, the global cryptocurrency market cap is at $3.3 trillion, reflecting a 1.17 percent increase over the last day.
Bitcoin (BTC) Current Price
Bitcoin is priced at $94,689.32, showing a 24-hour gain of 1.92 percent. On Indian exchanges, BTC is traded for Rs 85.52 lakh.
Ethereum (ETH) Current Price
Ethereum is currently valued at $3,331.11, experiencing a slight dip of 0.57 percent. Its price in India is Rs 3.16 lakh.
Dogecoin (DOGE) Current Price
Dogecoin registered a 3.16 percent loss and is priced at $0.3387, with an Indian price of Rs 33.27.
Litecoin (LTC) Current Price
Litecoin has seen a slight decrease of 0.92 percent, currently trading at $102.16, or Rs 9,877.32 in India.
Ripple (XRP) Current Price
XRP is valued at $2.35, reflecting a daily gain of 1.96 percent, translating to Rs 207.21 in India.
Solana (SOL) Current Price
Solana is priced at $194.73, down by 0.89 percent, with an Indian value of Rs 18,514.61.
Leading Gainers and Losers Today
Top Gainers:
- AIOZ Network (AIOZ) – Price: $0.9928, 24-hour gain: 13.32%
- Sui (SUI) – Price: $5.13, 24-hour gain: 10.50%
- Kaia (KAIA) – Price: $0.2201, 24-hour gain: 10.40%
- Ai16z (AI16Z) – Price: $1.55, 24-hour gain: 6.46%
- Fantom (FTM) – Price: $0.6863, 24-hour gain: 5.80%
Top Losers:
- THORChain (RUNE) – Price: $3.39, 24-hour loss: 10.17%
- SPX6900 (SPX) – Price: $1.21, 24-hour loss: 7.96%
- Virtuals Protocol (VIRTUAL) – Price: $3.19, 24-hour loss: 4.28%
- Helium (HNT) – Price: $5.70, 24-hour loss: 3.60%
- Bittensor (TAO) – Price: $447.01, 24-hour loss: 1.93%
Market Analysts’ Insights
Mudrex co-founder Edul Patel indicated that Bitcoin’s range-bound trading reflects investor caution. Analysts are awaiting the December jobs report to gauge market movement. Avinash Shekhar, Co-founder of Pi42, believes the overall market remains optimistic despite recent volatility. Conversely, Shivam Thakral from BuyUcoin noted that Bitcoin’s recent downtrend, combined with significant ETF outflows, suggests weakening institutional demand.
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Disclaimer: Cryptocurrency investments carry significant risk. Seek expert advice before investing.