Advertisement
As of 10:01 AM (GMT-5) on Monday, 2 December 2024, the cryptocurrency market is seeing mixed trends, with some notable declines and a few assets showing impressive gains.
Bitcoin (BTC) has fallen by 1.05%, with its price dropping to $96,318.63, marking a loss of $1,017.39. Bitcoin’s total market capitalization is approximately $1.906 trillion, and the 24-hour trading volume is around $55.4 billion. The circulating supply stands at 19.79 million BTC, maintaining a market dominance of 131.73%. Despite the drop, Bitcoin remains a dominant force in the market.
Ethereum (ETH), the second-largest cryptocurrency by market cap, also faced a decline, dropping by 1.81%, with its price falling to $3,643.35. Ethereum’s market cap is $438.813 billion, with a 24-hour trading volume of $41.119 billion. The circulating supply of Ethereum is 120.442 million ETH, and it holds a market dominance of 65.44%. Ethereum’s drop follows broader market trends, yet it continues to lead in terms of decentralized finance (DeFi) and smart contract applications.
On a more positive note, XRP saw a dramatic increase of 35.23%, climbing to $2.5944, up by $0.6759. XRP’s market cap now stands at $148.016 billion, with a 24-hour trading volume of $41.143 billion. The circulating supply of XRP is 57.051 billion tokens, and its market dominance surged to 271.61%. This impressive rise comes amid increased interest and recent legal developments surrounding the cryptocurrency.
Solana (SOL) experienced a significant downturn, with its price dropping by 5.13%, now sitting at $226.06. The market capitalization of Solana is $107.413 billion, with a 24-hour trading volume of $6.285 billion. Solana’s supply is 475.15 million SOL, and its market dominance is 285.31%.
BNB (Binance Coin) also faced a decline, falling by 3.06% to $640.78, marking a drop of $20.25. The market cap of BNB is $92.278 billion, with a 24-hour trading volume of $2.438 billion. The circulating supply of BNB stands at 144.01 million, with a market dominance of 181.16%.
In contrast, Cardano (ADA) made a notable gain of 5.67%, reaching $1.1272. ADA’s market cap is $39.55 billion, with a 24-hour trading volume of $4.311 billion. The circulating supply of Cardano is 35.086 billion ADA, and its market dominance has increased to 183.98%.
Despite the fluctuations, Tether (USDT) and USD Coin (USDC) maintained their stability, with USDT showing a minor decrease of 0.02%, while USDC saw a slight increase of 0.01%.
Disclaimer: This article is for informational purposes only. It is not investment advice, nor should it be considered as such. Always conduct thorough research or consult a financial advisor before making any investment decisions.