{"id":43729,"date":"2024-12-20T05:43:24","date_gmt":"2024-12-20T05:43:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-market-snapshot-dec-20-bitcoin-falls-below-98k-move-jumps-30\/"},"modified":"2024-12-20T05:43:24","modified_gmt":"2024-12-20T05:43:24","slug":"crypto-market-snapshot-dec-20-bitcoin-falls-below-98k-move-jumps-30","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-market-snapshot-dec-20-bitcoin-falls-below-98k-move-jumps-30\/","title":{"rendered":"Crypto market snapshot Dec 20: Bitcoin falls below $98K, MOVE jumps 30%"},"content":{"rendered":"<p><b>(Originally posted on : Invezz )<\/b><br \/>\n<\/p>\n<div><\/div>\n<p>The cryptocurrency market experienced a bearish spell today. <\/p>\n<p>Bitcoin (BTC) slipped below the $98,000 mark, marking a 3% drop in the last 24 hours. <\/p>\n<p>Major altcoins like Ethereum (ETH) and Solana (SOL) also declined by 3% to 5%, contributing to the broader market&#8217;s downturn. <\/p>\n<p>Despite the slide, Movement (MOVE) and ZEREBRO emerged as top performers, with MOVE climbing 30% and ZEREBRO skyrocketing by 56%. <\/p>\n<p>The global crypto market cap dropped by 2% to $3.34 trillion, while trading volumes rose by 3.42% to $280 billion, signaling mixed investor sentiment.<\/p>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><img width=\"1024\" height=\"614\" src=\"https:\/\/ik.imagekit.io\/invezz\/uploads\/2024\/12\/crypto-dec-20-1024x614.jpg\" alt=\"\" class=\"wp-image-2396778\" loading=\"lazy\" \/><\/figure>\n<h2 class=\"wp-block-heading\">Bitcoin price analysis<\/h2>\n<p>At press time, Bitcoin was trading at $97,634, with a 24-hour range of $95,671 to $102,849. <\/p>\n<p>The market cap stands at $1.93 trillion, maintaining a dominance of 57.17%. <\/p>\n<p>ETFs linked to BTC saw significant outflows, with major players like SoSo Value, Fidelity, and Grayscale reporting over $1 billion in withdrawals.<\/p>\n<h2 class=\"wp-block-heading\">Ethereum price analysis<\/h2>\n<p>Ethereum\u2019s price dropped to $3,441, reflecting a 6% decline. <\/p>\n<p>ETH ETFs also witnessed outflows, with Grayscale offloading $61 million worth of assets. <\/p>\n<p>The 24-hour trading range was between $3,334 and $3,721, as market uncertainty continues to weigh on investor confidence.<\/p>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><img width=\"1024\" height=\"608\" src=\"https:\/\/ik.imagekit.io\/invezz\/uploads\/2024\/12\/crypto-dec-20-2-1024x608.jpg\" alt=\"\" class=\"wp-image-2396779\" loading=\"lazy\" \/><\/figure>\n<h2 class=\"wp-block-heading\">Altcoin highlights<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>XRP:<\/strong> Trading at $2.33, up 1%, despite recent volatility stemming from the RLUSD stablecoin launch.<\/li>\n<li><strong>Solana (SOL):<\/strong> Down 5% to $197, facing selling pressure even as meme coin Fartcoin surged 500% in 11 days.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Meme and micro-cap movers<\/h2>\n<p>Dogecoin (DOGE) and Shiba Inu (SHIB) dropped 10% and 8%, respectively, following broader market trends. <\/p>\n<p>In contrast, ZEREBRO surged by 56% to $0.43, and MOVE rose 30% to $0.86, bolstered by strong trading momentum.<\/p>\n<h2 class=\"wp-block-heading\">Top losers<\/h2>\n<p>Pudgy Penguins (PENGU) saw the steepest decline, losing 14% to trade at $0.028, while Lido DAO (LDO) and Ethena (ENA) fell 12% and 11%, respectively, under market pressure.<\/p>\n<p>The crypto market remains volatile, with investors balancing profit-taking and emerging opportunities. Stay tuned for further updates on market trends and price movements.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2024\/12\/20\/crypto-market-snapshot-dec-20-bitcoin-drops-below-98k-move-surges-30\/\">Crypto market snapshot Dec 20: Bitcoin falls below $98K, MOVE jumps 30%<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><a href=\"https:\/\/invezz.com\/news\/2024\/12\/20\/crypto-market-snapshot-dec-20-bitcoin-drops-below-98k-move-surges-30\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Invezz ) The cryptocurrency market experienced a bearish spell today. Bitcoin (BTC) slipped below the $98,000 mark, marking a 3% drop in the last 24 hours. Major altcoins like Ethereum (ETH) and Solana (SOL) also declined by 3% to 5%, contributing to the broader market&#8217;s downturn. Despite the slide, Movement (MOVE) [&hellip;]<\/p>\n","protected":false},"author":3947362382,"featured_media":43730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[38],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43729"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362382"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=43729"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/43729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/43730"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=43729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=43729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=43729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}