Cryptocurrency Price Today: Bitcoin Market Cap Exceeds $1.60 Trillion, Seeing Massive Gains
Quick analysis of cryptocurrency prices on December 12: A unique achievement, the global market capitalization reached $1.60 trillion. The world's oldest and most valuable cryptocurrency, Bitcoin, surged beyond $42,000 for the second time this week, fueled by the US Federal Reserve's announcement that interest rates will remain constant and its prediction that they may be lowered in 2024. It makes sense that well-known cryptocurrencies, including as Dogecoin, Ethereum, Solana, Ripple, and Litecoin, had consistent increases. The largest gainer was ultimately the BONK token, which increased by more than 26% in a single day. Conversely, Aptos (APT) turned out to be the greatest loser, losing more than 3% in a single day. At the time of writing, the value of the entire cryptocurrency market was $1.60 trillion, an increase of 4.45 percent in a day. Bitcoin Price Today CoinMarketCap shows that the price of bitcoin increased by 4.80% in a day to $42,772. Ethereum Price Today At the time of writing, the price of ETH was $2,254.50, indicating a gain of 4.68 percent in just 24 hours. Dogecoin Price Today According to CoinMarketCap data, DOGE experienced a 5.10 percent 24-hour gain, with a current price of $0.09578. Litecoin Price Today Litecoin gained 2.72 percent in a 24-hour period. It was trading at $72.95, at the time of writing. Ripple Price Today The price of XRP was $0.6244 after rising 3.04 percent in a day. Solana Price Today The price of Solana was $70.24, up 7.34 percent in a day.
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