Market Capitalization Reaches New Heights as Bitcoin Falls Short of $100k; FARTCOIN Sees Sustained Growth
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Crypto Market Today (Dec 25, 2024): Bitcoin Fails to Claim $100k | FARTCOIN Surges 57%
The crypto market has ended the holiday season on a high note, as Christmas cheer seems to have influenced investor sentiment. The combined market capitalization of cryptocurrencies rose by a substantial 3.30% in the past 24 hours, reaching an all-time high of $3.43 trillion.
Bitcoin, which had been making headlines lately due to its incredible growth, failed to reach the coveted $100k mark. Despite this, it still managed to rise by a significant 4.06% to $98,235.83. This development is not entirely surprising, given that the Fear & Greed Index has climbed back up to a “Greed” level of 62, indicating an increase in market sentiment and enthusiasm.
However, FARTCOIN took center stage today by making a remarkable comeback with a stunning surge of 57.04% in just one day. The token’s price has now reached $1.16, sending shockwaves throughout the crypto community. Other notable gainers include MOON (up 19.34%) and BGB (15.83%), while VIRTUAL dropped by 4.13%, FTM by 2.73%, and XDC by 2.71%.
This sudden upswing in market sentiment could be attributed to a combination of factors, including Christmas bonuses and a renewed interest in the cryptocurrency space. The overall growth seen today is a testament to the resilience and adaptability of the crypto ecosystem.
As we close out this holiday season, it’s clear that the future of cryptocurrency holds immense potential for growth and innovation.
Source: coinpedia.org
