Cryptocurrency Market Today Dec 13: BTC at $99K, AAVE and LINK Gain 20%

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Today, the cryptocurrency market is steady, with Bitcoin (BTC) and most major altcoins showing 1% to 2% gains in the last 24 hours. Bitcoin traded in a range, while Ethereum (ETH) rose by 1%. Aave (AAVE) and Chainlink (LINK) emerged as the top gainers, surging 20% after the Trump family’s crypto project, World Liberty, reportedly bought significant amounts of ETH, AAVE, and LINK.

The global cryptocurrency market cap fell by 0.5%, now at $3.58 trillion. However, overall trading volume grew by 2%, now at $212 billion. Meanwhile, the Fear and Greed Index indicated a score of 78, reflecting strong market greed. Here’s a closer look at some top cryptocurrencies by market cap and their prices today, December 13.

Cryptocurrency Market Today: BTC, XRP, and SOL Decline; ETH Up 2%

Bitcoin (BTC) price remained within a narrow range but declined slightly, while Ripple (XRP) and Solana (SOL) also saw marginal losses. Ethereum (ETH), on the other hand, gained 2%, reflecting resilience amidst market fluctuations.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $99,664, down 2% over the last 24 hours. Its 24-hour low and high ranged between $99,210 and $102,501, reflecting minor volatility. The market cap of Bitcoin stood at $1.97 trillion, with a trading volume of $71 billion in the same period.

According to Farside Investor, BTC inflows reached $165 million, signaling continued institutional interest. Grayscale purchased $110 million worth of BTC, while Bitwise and Fidelity contributed $61 million and $30 million, respectively. Despite these inflows, data from BlackRock’s Bitcoin ETF remains highly anticipated, adding to market speculation.

In related developments, Nano Labs Ltd, a Chinese fabless integrated circuit design company, disclosed its Bitcoin holdings. This revelation highlights the growing adoption of cryptocurrency among technology firms.

Ethereum Price Today

Ethereum (ETH) price was trading at $3,908, marking a 1% increase in the last 24 hours. Its 24-hour low and high ranged between $3,836 and $3,986, indicating moderate price fluctuations. The market cap of ETH stood at $471 billion, with a trading volume of $43 billion during the same period.

The Ethereum ETF saw significant inflows of $71 million on Thursday. Of this, Grayscale contributed $51 million, while Fidelity added $19 million. The market continues to await data from BlackRock’s Ethereum ETF, which is still anticipated.

XRP Price Today

XRP price was trading at $2.34, reflecting a 1% decline over the last 24 hours. The 24-hour low and high ranged between $2.313 and $2.481, indicating moderate price fluctuations. XRP’s market cap stood at $134 billion, with a trading volume of $11 billion. Despite the decline, XRP continues to hold its position as the fourth-largest cryptocurrency by market cap in the cryptocurrency market today.

In other news, Ripple minted over $13 million in RLUSD, ahead of its expected launch. This move marks a significant step as Ripple expands its offerings and prepares for further adoption of its stablecoin in the crypto space.

Solana Price Today

Solana (SOL) price was down by approximately 1%, now trading at $227. Its 24-hour low and high ranged between $224 and $234, reflecting moderate volatility. With a market cap of $108 billion and a trading volume of $5 billion, Solana remains one of the top contenders in the cryptocurrency market today.

In other news, Solana has ended Ethereum‘s eight-year streak to become the leading ecosystem for new developers this year. This shift highlights Solana’s growing dominance and appeal among developers, marking a significant milestone in the blockchain space.

Meme Cryptocurrency Market Today

Meanwhile, the top meme coins have shown a bearish trend, with Dogecoin (DOGE) down by 2.47%, trading at $0.40. Shiba Inu (SHIB) also faced a 5% decline, now trading at $0.00002805. Other notable meme coins like PEPE, BONK, and WIF are down by 7% to 8%, reflecting the overall downturn in this segment of the cryptocurrency market today.

Top Crypto Gainers Prices Today

Aave

Aave (AAVE) price was trading at $371, showing a significant 20% increase from the last 24 hours. Its 24-hour low and high ranged between $341 and $385, reflecting strong price movement. In addition, Trump Family Office World Liberty has added AAVE, Ethereum (ETH), and Chainlink (LINK) to its portfolio, signaling growing institutional interest in these cryptocurrencies.

Chainlink

Chainlink (LINK) price was trading at $29, reflecting a 20% increase over the last 24 hours, making it one of the top gainers in the cryptocurrency market today. Its 24-hour low and high ranged between $26.89 and $30.80. With a market cap of $18 billion and a trading volume of $4 billion, LINK continues to show strong performance despite overall market fluctuations.

Lido DAO

LDO price was trading at $2.20, reflecting an 18% increase from the last 24 hours. Its 24-hour low and high ranged between $1.99 and $2.37, showcasing significant price movement during the period.

Top Crypto Losers Prices Today

Movement

MOVE price was trading at $0.64, making it the top loser for today. It was down by 10%, with its 24-hour low and high ranging between $0.61 and $0.71, reflecting a notable decline in its value.

Bittensor

TAO price was the second top loser for today, experiencing a 9% drop in the last 24 hours. It was trading at $579, with its 24-hour low and high ranging between $568 and $638, reflecting significant price volatility during the period.

Algorand

ALGO price was trading at $0.42, reflecting an 8% drop in the past 24 hours in the cryptocurrency market today. Its 24-hour low and high ranged between $0.41 and $0.47, showing some volatility during this period.

The hourly chart in the cryptocurrency market today is showing mixed reactions. Bitcoin (BTC) is up in the last hour, reflecting a positive trend, while major altcoins are showing negative gains during the same period. This shift highlights the fluctuating dynamics within the cryptocurrency market today.

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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