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Crypto Price Today (Dec 18th, 2024): Bitcoin Price Hits New ATH at $108k | PENGU Rockets 500%!
As the cryptocurrency market continues to defy expectations and push new boundaries, today has been a day of extraordinary events. In a shocking turn of events, Bitcoin has hit a brand-new all-time high (ATH) at an astonishing $108,268.45! This monumental milestone marks a fresh era in the crypto space as investors and traders alike are left reeling from the sudden and unexpected price surge.
The flagship cryptocurrency’s price cooled off slightly, with a 2.44% drop to settle at $104,018.21 after the remarkable ATH. However, this minor pullback has not dampened the spirits of enthusiasts who have been eagerly anticipating such an event. The total market capitalization took a hit of 2.81% to $3.63 trillion, while trading volumes plummeted by 8.76% to $73.53 billion.
Meanwhile, altcoins are painting a more mixed picture. While some have seen marginal gains or losses, others have experienced significant and unprecedented surges in their prices. One such token that has left everyone speechless is PENGU, which has seen an astronomical rise of over 500%! Yes, you read that correctly – PENGU has skyrocketed by a mind-boggling 500% to leave investors scrambling for more information.
This astonishing development has led many to speculate about the factors behind such a colossal gain. Some are attributing it to the token’s newly launched status, while others point to its innovative technology and unexplored potential. Whatever the reason may be, one thing is certain – PENGU has cemented itself as an emerging force in the crypto market.
In other news, it seems that the Fear & Greed Index remains at a whopping 80, indicating extreme greed in the market. This might come as a surprise to many, given the recent volatility and regulatory uncertainty. However, this could also be seen as a sign of resilience and adaptability among investors who are undeterred by the challenges they have faced.
Stay tuned for more updates on these developments and other pressing issues affecting the cryptocurrency space.
Source: coinpedia.org
