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  • Shrishesh Tanksalkar
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    Crypto News Today (Dec 20, 2024): Bitcoin Falls to $96k as Market Stumbles

    Story Highlights
    • Bitcoin price brushes to its 24-hour low of $95,587.68 before rising to the $96k level

    • Bitcoin witnesses $671 million worth of ETF outflows in 24 hours.

    • MOVE token leads the top 100 gainers with a 10.93% price pump.

    The crypto market’s stance with its numbers has further aggravated from the previous day. The downturn has led to the market cap shrinking by 5.04% to $3.34 trillion. As a result, the trading volume is down marginally by 0.54%, settling at $264.08 billion. Successively, the Fear & Greed Index currently stands at 62, highlighting “Greed” despite the recent pullback.

    Bitcoin ETF Outflows Peak, As BTC Price Slips Below $97K

    Bitcoin has been struggling to upkeep its momentum on the daily charts, following the FED’s announcement about rate cuts. After brushing its 24-hour low of  $95,587.68, BTC price today is changing hands at $96,819.67. The reddish numbers and short-term uncertainty have resulted in the 24-hour trading volume budging down 3.52% to $93.85 billion. The impact was also seen with ETFs, on 19th December, Bitcoin witnessed outflows summing up to $671 million. 

    For insights into Bitcoin’s future, explore our Bitcoin Price Prediction.

    Altcoins Today: ETH, SOL, & XRP Prices Plunge

    Ethereum suffered significant losses from the market-wide shock waves, falling 8.18% to $3,368.56. Solana too incurred a loss of 7.67% loss to its press time price of $193.61XRP on the other hand, saw a rather modest correction of 2.70%.

    For Ethereum’s detailed analysis, check out our Ethereum Price Prediction

    Top Gainers:

    • MOVE: $0.8242 (+10.93%)
    • HBAR: $0.2786 (+2.01%)
    • MNT: $1.16 (+0.41%)

    Top Losers:

    • ENA: $0.9528 (-18.07%)
    • VIRTUAL: $2.16 (-16.92%)
    • BEAM: $0.02502 (-15.03%)

    FAQs

    How much does 1 BTC cost today?

    At the time of press, the price of 1 Bitcoin (BTC) is $96,819.6.

    Which tokens are the top gainers today?

    MOVE token (+10.93%), HBAR (+2.01%), and MNT (+0.41%) are today’s top gainers.

    How has Ethereum (ETH) performed today?

    Ethereum (ETH) experienced a significant drop of 8.18% in the past 24 hours, trading at $3,368.56.

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