The crypto prices today noted strong gains as investors seem to be regaining confidence in the digital assets space. Meanwhile, the market has been highly volatile from last week, due to the growing regulatory concerns and other macroeconomic factors weighing on the sentiments.
However, the recent rally of the market also indicates a Santa Claus rally, as we approach the holiday season. According to market experts, the anticipation over Bitcoin Spot ETF approval, and Fed’s dovish stance, among others, could trigger a year-end rally in the crypto market.
Notably, talking about the recent crypto prices, the Bitcoin price witnessed a 4.32% surge in the past 24 hours, settling at $42,900.06. In addition, its trading volume experienced a notable 38.86% increase, reaching $25.97 billion. Over the last 30 days, Bitcoin’s price has seen a positive uptick, adding over 17% despite recent losses.
The Ethereum price, another major player, saw an increase of 2.82%, landing at $2,234.73. Simultaneously, its trading volume rose by 28.54%, reaching $10.43 billion within the same time frame. Meanwhile, the XRP price noted a 0.99% surge, reaching $0.6126, accompanied by a 69.36% surge in trading volume, totaling $1.62 billion.
Reflecting the broader market trend, the Solana price experienced an 8.28% jump, settling at $75.59. On the other hand, the Cardano price followed suit with a 6.2% increase, trading at $0.6109, while its volume increased by 22.90%, reaching $752.47 million.
In the meme coin sector, the Dogecoin price observed a 0.54% surge, reaching $0.09261. Its trading volume over the past 24 hours advanced 35.55%, amounting to $676.61 million. The Shiba Inu price, another prominent meme coin, noted gains of 2.98%, reaching $0.0000104. The one-day volume for Shiba Inu fell by 31.41%, settling at $282.11 million at the time of writing.
Meanwhile, the rally in the major crypto prices has also pushed the global crypto market higher. As of writing on December 19, the global crypto market cap was up 3.64% to $1.61 trillion, and its market volume jumped 27.08% to $64.89 billion. Notably, the fear and greed index of the crypto market was at 72, suggesting a “greed” sentiment in the crypto market.
Also Read: Binance and CFTC Reach a $1.35 Billion Settlement, CZ to Pay $150 Million
The Top Cryptos For Today Are
Pepe Coin Stays Near The Flatline
The Pepe Coin stays near the flatline, suggesting that the investors are still taking cautious steps before making any bets towards the meme coin segment. Meanwhile, as of writing on December 19, the Pepe Coin price noted declines of 0.15% and traded at $0.000001315, while its trading volume soared 13.4% to $92.45 million.
Pepe Coin Chart
Sei (SEI) Soars 30%
The SEI price was up 30.18% to $0.3146 as of writing on Tuesday, reflecting the positive trend witnessed in the broader crypto market. Simultaneously, the trading volume of the crypto skyrocketed 432.41% over the last 24 hours to $582.19 million. Notably, the crypto’s price has added nearly 121% over the last 30 days with its recent surge.
SEI Crypto Chart
Injective (INJ) Adds 22%
The Injective crypto has continued to gain attention from the crypto market enthusiasts, as evidenced by the recent gains of the crypto. The Injective price soared 21.92% as of writing and traded at $37.86 on December 19, while its trading volume soared 91.68% to $513.31 million. Meanwhile, the crypto has added nearly 141% over the last 30 days.
INJ Crypto Chart
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