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Crypto Market Today (Dec 17th, 2024): Bitcoin Soars Amid Extreme Greed Sentiment
The crypto market is in a frenzy as Bitcoin’s price soars by 3.14% over the past 24 hours, solidifying its dominance with a massive 56.28% of the total market share. The sharp rise has led to an “Extreme Greed” sentiment among investors, according to the Fear & Greed Index, which stands at a staggering 81.
As Bitcoin continues its upward trajectory, Ethereum has been making steady gains as well, with a modest price spike of 2.29% to $3,996.71. Solana, on the other hand, has surged by 3.57% to $221.09. However, it’s Ripple that has stolen the show today, rallying by an impressive 14.58% to $2.69.
On the flip side, some cryptocurrencies have taken a hit. Hive Network fell by 8.08% to $0.63, while HNT plummeted by 6.76% to $8.99. VIRTUAL dropped 6.52% to $2.74.
As the crypto market continues its bullish streak, investors are getting increasingly optimistic about the future prospects of Bitcoin.
Source: coinpedia.org
