The post Crypto News Today (Dec 3, 2024): Bitcoin Drops to $94k, XRP Targets $3? appeared first on Coinpedia Fintech News
The crypto industry has had a relatively tough day today, as the optimism amongst market players has been losing steam. This has been evident with the Fear & Greed Index, which has dropped from an extreme greed score of 81 during early Asian trading hours to a current score of 78. This could also be related to Bitcoin facing a hard time in claiming the $100k mark. However, not everything’s sour, as XRP has continued its bullish leg-up and is currently up ~23% eyeing the $3 target next!
Bitcoin Now at $94k: What to Expect Next?
Despite BTC’s price marking a slight dip of 0.22% to $94,820.64, Bitcoin’s dominance remains fairly robust at 54.33%. The minor pullback did result in a modest uptick of 0.81% in intraday trading volumes to $63.64 billion. While BTC has faced some heat, we can expect the star crypto to make a healthy comeback, as sentiments improve.
Explore our comprehensive Bitcoin Price Prediction to uncover BTC’s potential path forward.
XRP Leads the Charge Among Altcoins
Amongst the top 10 altcoins, XRP has been the front-runner soaring 23.89% to $2.86. Ethereum on the other hand managed to hold onto its foothold in the market, with a 0.81% gain and a price tag of $3,616.56. Solana on the other hand, posted a modest 0.31% price spike to $225.42.
Discover the latest insights with our XRP Price Prediction and explore its potential.
Top Movers & Losers
Among the top 100 gainers, IOTA led the list with a 58.87% surge to $0.5182, followed by HBAR, which rose 49.46% to $0.3567. VeChain also impressed with a 45.15% increase, trading at $0.0677. On the downside, Bitget Token, Kaspa, and Brett faced slight declines, with losses ranging between 0.73% and 3.39%.
FAQs
XRP has surged by 23.89%, reaching $2.86, making it one of the day’s top performers.
IOTA (+58.87%), HBAR (+49.46%), and VeChain (+45.15%) are leading the market gains today.
The Fear & Greed Index is at 78, reflecting a market sentiment of greed.