As of 19:14 on December 5, 2024, the cryptocurrency market is showing positive momentum, with Bitcoin (BTC) firmly holding positions above the key $100,000 mark. The market is in an upbeat mood, which is due to the significant interest of investors and the stable growth of demand.
Bitcoin (BTC)
Bitcoin continues to capture the attention of market participants, having reached an all-time high of $103,619 earlier in the day. BTC is currently trading at $101,027, up 6.46% in the past 24 hours. Bitcoin’s steady rise reflects its status as a leading digital asset and store of value.
Ethereum (ETH)
Ethereum is also showing growth. As of 19:14, ETH is trading at $3,909.60, up 3.70% over the past 24 hours. Continued interest in Ethereum is supported by the development of decentralized finance (DeFi) and non-fungible tokens (NFTs).
Key altcoins
• BNB: Binance Coin remains stable and is trading at $731.48 (+0.50%).
• Cardano (ADA): ADA is up 6.09% and is trading at $1.22.
• XRP: XRP maintains an upward trend and is currently worth $2.40 (+1.27%).
Market sentiment and outlook
The cryptocurrency market is in a phase of active growth. Investors are returning interest in digital assets, which is associated with global economic stabilization, moderate inflation, and increased institutional support for cryptocurrencies.
