Hold onto your hats, crypto enthusiasts! The digital currency roller coaster is taking us on a wild ride, and it's all about the numbers! We're inching closer to a whopping $3.6 trillion in total market cap. That's right, the crypto world is buzzing with excitement!
After a few days of taking it easy, Bitcoin decided to put on its dancing shoes on Christmas Eve and made a brief leap, hitting just over $99,000. Talk about a holiday surprise!
But Bitcoin isn't the only star of the show. The altcoin crew is also basking in the glow of green. Solana, Dogecoin, Avalanche, and Toncoin are all showing some impressive gains. It's like a party on the blockchain!
Last week was a bit of a bumpy ride for Bitcoin, starting with the FOMC meeting. Despite a rate cut from the Fed, Bitcoin took a nosedive, tumbling from over $108,000 to $92,000 in just a few days. Ouch! But like a true champ, it rebounded over the weekend, briefly soaring above $99,000 before sliding back down to $92,000 by Monday.
However, the festive spirit wasn't done with Bitcoin just yet. A Santa Claus rally pushed it back up to nearly $99,000, and it's still holding strong above $98,000, with a nice 4% daily boost.
Feeling the FOMO yet? Don't worry, we've got you covered with the latest market updates to satisfy your crypto cravings.
Bitcoin's market cap has ballooned to $1.940 trillion, reclaiming its dominance over the altcoins at a solid 54%.
The altcoin gang isn't slacking either. Ethereum is inching closer to $3,500, while XRP is cruising at $2.3. Meanwhile, BNB, ADA, TRX, and LINK are all enjoying similar gains.
Solana, Dogecoin, and Toncoin are up by 2-4%, and Avalanche is leading the charge with nearly a 5% increase, now sitting pretty above $40.
But wait, there's more! Among the top 100 altcoins, we're seeing some major league moves from MOVE (26%), BGB (16%), PENGU (13%), JASMY (13%), and VET (10%).
All in all, the crypto market has added over $100 billion since yesterday, making that $3.6 trillion milestone seem closer than ever.
So, buckle up, folks! The crypto world is on fire, and it's one thrilling ride you won't want to miss!
