Crypto Prices Today: BTC and HNT Rise, While Pepe Coin Faces Decline
The crypto prices today, on December 7, showed a mixed trend, indicating a slight pause among investors following a strong surge in major cryptocurrencies. The ongoing month of December has been a boon for the crypto market, with investors regaining confidence in the crypto market, as evidenced by the recent surge in crypto prices.
In addition, several cryptos like Bitcoin, and Ethereum, among others, have recently touched their yearly highs this week. The upward momentum in the crypto space indicates a bullish sentiment hovering over the cryptocurrency market. However, some analysts have also issued warnings of a potential downturn momentum ahead, as the market is witnessing robust gains in recent days.
Now, talking about the crypto prices, the Bitcoin price was up 0.60% over the last 24 hours and traded at $44,002.48 during writing. However, its one-day trading volume fell nearly 28% to $27.17 billion at the same time. Notably, the recent advancement in the crypto’s price has fuelled a 16% jump in its seven-day price.
On the other hand, the Ethereum price dropped by 0.91% to $2,263.47, while the trading volume plummeted by 28.62% to $11.57 billion. In contrast, the XRP price, which went through volatile trading lately, has added 2.18% to $0.6362, with its one-day trading volume rising 34% to $1.99 billion.
However, the Solana price fell 1.28% to $63.45 during writing, and its trading volume jumped 14% to $2.5 billion. On the other hand, the Cardano price rose 5.58% to trade at $0.4477, with its volume adding 54% over the last 24 hours to $819.54 million.
Meanwhile, the meme coins have gained notable traction this week, with several players in the space witnessing strong gains. Talking about their prices, the Dogecoin price rose 1.31% from yesterday to $0.09726, and its trading volume rocketed 122.08% to $2.58 billion. Simultaneously, the Shiba Inu price advanced 3.41% to $0.000009793 as of writing.
Despite the mixed sentiment, as witnessed by the current crypto prices, the market remained in positive territory. As of writing, the global crypto market cap rose 0.18% to $1.6 trillion, while its total crypto market volume fell 15% from yesterday to $70.95 billion. Meanwhile, the crypto market fear and greed index stood at 81 on December 7, suggesting an “extreme greed” sentiment in the market.
Also Read: Option Traders Betting on Bitcoin (BTC) Price at $50,000, Key Levels to Watch
The Top 4 Cryptos For Today Are
Pepe Coin Slips 6%
The Pepe Coin was down on Thursday, December 7, after witnessing strong gains over the past few days. Meanwhile, as of writing, the Pepe Coin price decreased by 5.88% to $0.00000151, while its trading volume over the last 24 hours fell 38.48% to $297.85 million. However, despite the recent slump, the meme coin has added over 40% over the last seven days.
BitTorrent (New) (BTT) Soars 83%
The BitTorrent (NEW) crypto was among the top percentage gainers in the crypto market on December 7. Meanwhile, the BTT price advanced 83.19% over the last 24 hours to trade at $0.0000009238 during writing, while its trading volume skyrocketed 1158.78% from yesterday to $367.85 million. The crypto has also touched its yearly high of $0.000001086 in the last 24 hours.
Helium (HNT) Rises 12%
The Helium crypto was another top percentage mover in the digital asset space, indicating a growing confidence of the investors towards the crypto. Meanwhile, the Helium price was up 11.97% on Thursday and traded at $5.31, while its trading volume over the last 24 hours rocketed 193% to $48.83 million.
Beam (BEAM) Surges 13%
The Beam price was up 13.17% and traded at $0.01581, with its trading volume advancing 130% over the last 24 hours to $105.48 million. The recent gains in the crypto’s price have helped in a 75% gain in its price over the last seven days, along with a 30-day surge of nearly 230%.
Also Read: EU To Announce Landmark Act On Regulating ChatGPT and AI Tech