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Crypto Price Today (Dec 18th, 2024): Bitcoin Price Hits New ATH at $108k | PENGU Rockets 500%!
In a stunning turn of events, the cryptocurrency market has witnessed unprecedented growth today, with Bitcoin reaching an all-time high of $108,268.45 before dipping slightly to settle at $104,018.21. The sudden surge in value has left investors and analysts alike scrambling for answers.
The market capitalization has taken a hit, declining by 2.81% to $3.63 trillion, while the daily trading volume has also dropped significantly, plummeting by 8.76% to $73.53 billion.
Despite the brief pullback, Bitcoin’s incredible run is expected to continue, given its recent trend and investor sentiment. This sentiment is reflected in the Fear & Greed Index, which remains at an extreme level of 80.
While some altcoins have experienced significant gains today, none can compare to the meteoric rise of PENGU. In a shocking display of growth, PENGU has skyrocketed by an astonishing 500%, cementing its position as the day’s top performer.
As investors continue to grapple with these unprecedented market conditions, it remains to be seen how this newfound enthusiasm will impact the broader market in the coming days and weeks.
Source: coinpedia.org
