Cryptocurrency Price Today (December 26): Bitcoin Dips To $96,000, Bitget Token Remains Top Gainer For 2nd Consecutive Day
Cryptocurrency price on December 26 quick take: The global market cap dipped to $3.34 trillion.
Bitcoin (BTC) dipped down to $96,000 early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor losses across the board as overall Market Fear & Greed Index stood at 63 (Greed) out of 100, as per CoinMarketCap data. Bitget Token (BGB) remained the top gainer for the second consecutive day, with a 24-hour jump of nearly 15 percent. Pudgy Penguins (PENGU) was the biggest loser today, with a 24-hour dip of over 11 percent.
The global crypto market cap stood at $3.34 trillion at the time of writing, registering a 24-hour dip of 1.86 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,350.64, registering a 24-hour dip of 1.70 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.34 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,383.18, marking a 24-hour loss of 1.61 percent at the time of writing. Ethereum price in India stood at Rs 2.82 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 2.58 percent, as per CoinMarketCap data, currently priced at $0.3147. Dogecoin price in India stood at Rs 26.87.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 2.40 percent. At the time of writing, it was trading at $103.90. LTC price in India stood at Rs 8,731.50.
Ripple (XRP) Price Today
XRP price stood at $2.18, seeing a 24-hour dip of 2.90 percent. Ripple price in India stood at Rs 186.76.
Solana (SOL) Price Today
Solana price stood at $195.02, marking a 24-hour loss of 1.94 percent. SOL price in India stood at Rs 15,514.47.
Top Crypto Gainers Today (December 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Bitget Token (BGB)
Price: $7.32
24-hour gain: 14.90 percent
FTX Token (FTT)
Price: $3.78
24-hour gain: 6.01 percent
Uniswap (UNI)
Price: $13.88
24-hour gain: 4.25 percent
GateToken (GT)
Price: $15.78
24-hour gain: 3.36 percent
Hyperliquid (HYPE)
Price: $26.86
24-hour gain: 2.96 percent
Top Crypto Losers Today (December 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Pudgy Penguins (PENGU)
Price: $0.03569
24-hour loss: 11.85 percent
Movement (MOVE)
Price: $1.03
24-hour loss: 11.65 percent
Hedera (HBAR)
Price: $0.282
24-hour loss: 8.31 percent
Fantom (FTM)
Price: $0.8712
24-hour loss: 7.93 percent
Bonk (BONK)
Price: $0.0000305
24-hour loss: 6.93 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading near the $96,000 mark after investors booked profits at higher levels. Despite the pullback, Vivek Ramaswamy’s Strive filing for “Bitcoin Bond ETFs” indicates strong institutional interest in Bitcoin-related investment products. With reduced institutional activity during the holiday season, retail investors take control, waiting for a positive catalyst to drive price action. BTC's next resistance stands at $98,400 with major support remaining at $95,000.”
CoinSwitch Markets Desk noted, “After reaching 99,000 USD on Christmas day, BTC has dropped to 96k again as we are moving towards a new year. While BTC has grown by more than 120% in 2024, it is worth noting that BTC had pumped 25% and 15% in 2020’s last week and 2021’s first week respectively before topping off in April and then November that year. Given Bitcoin’s four year cyclic behaviour - analysts predict a similar move this year as well.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's recent struggle to break past the $100,000 mark, combined with the sharp pullback across altcoins, underscores the ongoing volatility in the crypto market. While BTC remains resilient, holding above the $92,000 support level, the rejection at the psychological $100K barrier highlights the challenges in sustaining upward momentum. The significant losses in altcoins like LINK, AVAX, and ADA suggest a broader market correction, further fueling concerns about investor sentiment.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's rally from $52,568 peaked at $1,08,367, then retraced sharply to $92,209 on 20th Dec 2024. It is now consolidating in a Flat Correction (ABC Wave) between $92,209 and $99,872. The Wave-C shows an impulsive sequence, ending with a Rising Wedge near $99,872. If Bitcoin falls below $92,209, downside targets include $83,625 and $73,555. Alternatively, if it holds above ₹92,209 and breaks $99,872, the uptrend may resume. The outlook for the upcoming week leans bearish if $92,209 is breached, while a strong hold above $92,209 and a breakout above $99,872 would favor the bullish scenario.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has continued its impressive performance, trading at approximately $96,352.44, reflecting a year-to-date increase of 126%. The surge in Bitcoin's popularity is evident on social media platforms, where discussions around Bitcoin have increased by 65% year-over-year on X, indicating a growing interest in digital assets. Investors remain optimistic about future price movements, with many predicting that Bitcoin could reach a new high. This bullish sentiment is fueled by recent developments in the cryptocurrency market and a favorable regulatory environment.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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