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  • Shrishesh Tanksalkar
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    Crypto Price Today (Dec 18th, 2024): Bitcoin Price Hits New ATH at $108k | PENGU Rockets 500%!

    Story Highlights
    • Bitcoin price cools down to $104k, after hitting a new ATH of $108k

    • PENGU price skyrockets more than 500%, leads the top 100 cryptos by gains

    The crypto market today is showing a minor pullback, with the total market cap slipping by 2.81% to $3.63 trillion. The intraday trading volumes too have taken a hit of 3.50% to $192.27 billion. The reddish numbers have come as a surprise, as Bitcoin claimed a new ATH above $108k. That being said, the sentiments are fairly optimistic, as the Fear & Greed Index continues to signal โ€œExtreme Greedโ€.

    Bitcoin Slips Again After A Fresh ATH

    After claiming a fresh all-time high of $108,268.45, Bitcoin has cooled off, by dropping 2.44% to $104,018.21. The steamy run to new peaks was catalyzed by a strategic reserve proposal and institutional moves, like MicroStrategyโ€™s recent purchase of 15,350 BTC for $1.5 billion. However, its trading volume took a blow of 8.76%, settling at $73.53 billion.

    For insights into Bitcoinโ€™s future, explore our Bitcoin Price Prediction.

    Altcoins Give Mixed Signals?

    The altcoin market painted a mixed picture today. Ethereum dropped by 4.08% to $3,849.25, while Solana was fairly steady, slipping just 1.57% to $217.45. XRP, however, bucked the trend, gaining 0.86% to reach $2.51. 

    For Ethereumโ€™s detailed analysis, check out our Ethereum Price Prediction page.

    Top Gainers:

    PENGU: Dominated the market with a 507.98% surge to $0.03039, dominating the market.

    • BGB: Climbed 12.88% to $4.07.
    • HBAR: Rose 5.33% to $0.2928.

    Top Losers:

    • APT: Fell 11.35% to $2.68.
    • LDO: Declined 9.19% to $2.04.
    • HNT: Dropped 8.56% to $7.93.

    Stay tuned for more updates and insights into the fast-evolving cryptocurrency space.

    FAQs

    How is Bitcoin performing today?

    Bitcoin has dropped by 2.44% in the last 24 hours, trading at $104,018.21.

    Which token saw the highest gain today?

    PENGU surged over 507%, leading the dayโ€™s top gainers.

    How has the Fear & Greed Index changed?

    The Fear & Greed Index remains at 80, signaling extreme greed in the market.

    Show More

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