Cryptocurrency Price Today (December 3): Bitcoin Dips Down To $9,000, IOTA Becomes Biggest Gainer
Cryptocurrency price on December 3 quick take: The global market cap rose to $3.34 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $96,000 mark early Tuesday and settled within the $95,000 range at the time of writing. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in both reds and greens as the overall Market Fear & Greed Index stood at 78 (Extreme Greed) out of 100, as per CoinMarketCap data. The IOTA token became the top gainer, with a 24-hour jump of over 43 percent. AIOZ was the biggest loser today, with a 24-hour dip of nearly 6 percent.
The global crypto market cap stood at $3.46 trillion at the time of writing, registering a 24-hour jump of 0.82 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $95,539.81, registering a 24-hour dip of 0.46 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.72 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,630.54, marking a 24-hour loss of 1.04 percent at the time of writing. Ethereum price in India stood at Rs 3.12 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 2.18 percent, as per CoinMarketCap data, currently priced at $0.4187. Dogecoin price in India stood at Rs 37.14.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 4.50 percent. At the time of writing, it was trading at $129.70. LTC price in India stood at Rs 10,320.86.
Ripple (XRP) Price Today
XRP price stood at $2.62, seeing a 24-hour jump of 7.18 percent. Ripple price in India stood at Rs 208.81.
Solana (SOL) Price Today
Solana price stood at $227.93, marking a 24-hour dip of 0.27 percent. SOL price in India stood at Rs 19,392.55.
Top Crypto Gainers Today (December 3)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
IOTA (IOTA)
Price: $0.4842
24-hour gain: 43.99 percent
Hedera (HBAR)
Price: $0.3386
24-hour gain: 37.99 percent
Ondo (ONDO)
Price: $1.65
24-hour gain: 36.91 percent
Kaia (KAIA)
Price: $0.3639
24-hour gain: 32.08 percent
VeChain (VET)
Price: $0.06397
24-hour gain: 30.03 percent
Top Crypto Losers Today (December 3)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
AIOZ Network (AIOZ)
Price: $1.12
24-hour loss: 5.25 percent
Dogecoin (DOGE)
Price: $0.4139
24-hour loss: 3.47 percent
Kaspa (KAS)
Price: $0.1564
24-hour loss: 3.30 percent
Brett (Based) (BRETT)
Price: $0.1951
24-hour loss: 2.74 percent
Floki (FLOKI)
Price: $0.0002265
24-hour loss: 2.28 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin remains range-bound between $95,000 and $98,000 as investors await a catalyst for the next rally. Meanwhile, Ethereum continues its bull run, gaining nearly 50% this month. Other coins like XRP too are on an uptrend becoming the 3rd largest coin with a market cap of $154 billion, going up 440% in just one month. This trend is likely to spread to other coins as well with the Altcoin index getting stronger at 83.”
CoinSwitch Markets Desk noted, “Bitcoin (BTC) remains at $96,113, struggling to break $98,000 since Nov. 25, despite a 38% monthly gain. Concerns linger over consolidation below the $100,000 mark, which could embolden bearish strategies. Futures show resilience with a 17% annualized premium, signalling solid but cautious bullish demand. Institutional interest stays strong: MicroStrategy bought 15,400 BTC last week at $95,976, boosting its holdings to 402,100 BTC, now worth $38.4 billion — a 64% rise.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's pullback to below $98,000 has sparked some concerns, but the derivatives and futures markets tell a different story. Traders are willing to pay a 17% annualized premium for leveraged BTC positions, which reflects a healthy demand. The Bitcoin options markets also show confidence, as options are trading at an 8% discount, a sign of reduced hedging demand and bullish sentiment. The stability in futures markets is further seen as funding rates for perpetual contracts sit within the neutral range at 1.4%. It had never moved above 3.5% last week, without presenting an immediate risk of liquidation, and further proved a balanced leverage environment.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's price is consolidating below $100K, with investors awaiting a breakout to reach this milestone. Recently, BTC has been testing resistance levels but has failed to break through. The $90K support remains key, and if it's broken, a pullback to $80K could occur. On the 4-hour chart, BTC is forming a symmetrical triangle, suggesting that a breakout could lead to a bullish move above $100K. On-chain data shows strong accumulation, with negative netflows indicating investors are buying BTC in anticipation of a rally. If the spot market remains strong, BTC could rise in the coming months.”
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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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