The cryptocurrency market today saw mixed performance, with BTC holding steady and ETH rising. Aave and Chainlink surged 20%, while meme coins declined.
Today, the cryptocurrency market was stable, with Bitcoin (BTC) and most major Altcoins rising 1% to 2% in the past 24 hours. Bitcoin traded within a range, while Ethereum (ETH) rose 1%. Aave (AAVE) and Chainlink (LINK) were the biggest gainers, with reports that the Trump family's crypto project World Liberty purchased large amounts of ETH, AAVE, and LINK, causing Aave and Chainlink to surge 20%.
The global cryptocurrency market cap fell 0.5% to $3.58 trillion. However, overall trading volume grew 2% to $212 billion. Meanwhile, the Fear & Greed Index showed a score of 78, reflecting strong market greed. Below is a detailed analysis of some top cryptocurrencies by market cap and their prices as of December 13.
Crypto Market Today: BTC, XRP, and SOL Decline; ETH Up 2%
Bitcoin (BTC) price remained range-bound but slightly declined, while XRP and Solana (SOL) also saw minor drops. On the other hand, Ethereum (ETH) rose 2%, reflecting resilience in the market volatility.
Bitcoin Price Today
Bitcoin (BTC) traded at $19,664, down 2% in the past 24 hours. Its 24-hour low and high ranged between $19,210 and $20,501, indicating relatively low volatility. Bitcoin's market cap is $1.97 trillion, with a 24-hour trading volume of $71 billion.
According to Farside Investor, BTC inflows reached $165 million, suggesting continued institutional interest. Grayscale bought $110 million worth of BTC, while Bitwise and Fidelity contributed $61 million and $30 million, respectively. Despite these inflows, the market remains eager for BlackRock's Bitcoin ETF data, fueling speculation.
In related developments, China's fabless integrated circuit design company Nano Labs Ltd disclosed its Bitcoin holdings, highlighting the growing adoption of cryptocurrencies by tech companies.
Ethereum Price Today
Ethereum (ETH) traded at $3,919, up 1% in the past 24 hours. Its 24-hour low and high ranged between $3,836 and $3,986, indicating moderate price fluctuations. ETH's market cap is $471 billion, with a 24-hour trading volume of $43 billion.
Ethereum ETFs saw inflows of $71 million on Thursday, with Grayscale contributing $51 million and Fidelity $19 million. The market is still awaiting BlackRock's Ethereum ETF data, which remains highly anticipated.
XRP Price Today
XRP traded at $2.33, down 1% in the past 24 hours. Its 24-hour low and high ranged between $2.313 and $2.481, indicating moderate price fluctuations. XRP's market cap is $134 billion, with a trading volume of $11 billion. Despite the decline, XRP maintains its position as the fourth-largest cryptocurrency by market cap.
In other news, Ripple minted over $13 million worth of RLUSD ahead of its expected launch. This marks an important step for Ripple in expanding its product range and preparing for further adoption of its stablecoin in the crypto space.
Solana Price Today
Solana (SOL) price declined by around 1%, currently trading at $226. Its 24-hour low and high ranged between $224 and $234, reflecting moderate volatility. With a market cap of $108 billion and a trading volume of $5 billion, Solana remains a top contender in the current cryptocurrency market.
Additionally, Solana ended Ethereum's eight-year reign as the leading developer ecosystem for new projects. This shift highlights Solana's growing dominance and appeal among developers, marking a significant milestone in the blockchain space.
The Meme Crypto Market Today
Meanwhile, top meme coins showed a bearish trend, with Dogecoin (DOGE) declining 2.47% to $0.40 and Shiba Inu (SHIB) dropping 5% to $0.00002805. Other prominent meme coins, such as PEPE, BONK, and WIF, fell 7% to 8%, reflecting the overall sluggishness in this segment of the cryptocurrency market.
Top Gainers in Crypto Today
Aave
Aave (AAVE) price surged 20% to $386 in the past 24 hours. Its 24-hour low and high ranged between $341 and $385, reflecting a strong price momentum. Additionally, the Trump family's World Liberty office has added AAVE, Ethereum (ETH), and Chainlink (LINK) to its investment portfolio, indicating growing institutional interest in these cryptocurrencies.
Chainlink
Chainlink (LINK) price traded at $30, up 20% in the past 24 hours, making it one of the top gainers in the cryptocurrency market today. Its 24-hour low and high ranged between $26.89 and $30.80. With a market cap of $18 billion and a trading volume of $4 billion, LINK's performance remains strong despite the overall market volatility.
Lido DAO
LDO price rose 18% to $2.29. Its 24-hour low and high ranged between $1.99 and $2.37, indicating significant price fluctuations during this period.
Top Losers in Crypto Today
MOVE
MOVE traded at $0.63, a 10% decline, making it the biggest loser of the day. Its 24-hour low and high ranged between $0.61 and $0.71, reflecting a notable drop in its value.
BitTensor
TAO price declined 9% in the past 24 hours, trading at $575. Its 24-hour low and high ranged between $568 and $638, indicating significant price volatility during this period.
Algorand
ALGO price traded at $0.42, reflecting an 8% decline in the cryptocurrency market over the past 24 hours. Its 24-hour low and high ranged between $0.41 and $0.47, showing some fluctuations during this time.
The hourly chart of the cryptocurrency market today shows a mixed response. Bitcoin (BTC) has seen an uptick in the past hour, reflecting a positive trend, while major Altcoins have shown negative growth during the same period. This shift highlights the volatile dynamics of the current cryptocurrency market.
