Crypto prices on Dec 24: Bitcoin at $94K, Virtual Protocol and Zcash up more than 20%

Crypto prices today displayed a mix of gains and declines.

Bitcoin (BTC) was hovering around $94,000. It continued its decline from last week’s all-time high of $108,000.

Meanwhile, Ethereum (ETH), XRP, and Solana (SOL) showed sub-5% gains in the past 24 hours, hinting at recovery.

Virtual Protocol (VIRTUAL) was the top gainer, climbing 35% in the last 24 hours, followed by Zcash (ZEC), which rose 20%.

The global crypto market cap increased by 2%, reaching $3.32 trillion.

Trading volume also saw a 20% jump, hitting $170 billion.

The Fear and Greed Index stayed neutral at 55.

Bitcoin dips 1.5%

At pres time, Bitcoin (BTC) was trading at $94,310, with a 24-hour range of $92,526 to $96,545. BTC exchange-traded funds (ETFs) saw $276 million in outflows.

Key players like BlackRock and Ark & 21Shares recorded major withdrawals. MicroStrategy continued its Bitcoin buying spree, adding more coins to its reserve after a recent $1.5 billion purchase.

Ethereum up 4%

Ethereum (ETH) traded at $3,409 gaining 4% in the last 24 hours.

Its 24-hour range was $3,263 to $3,466. ETH ETFs recorded a net outflow of $75 million, though some investors like Grayscale and Fidelity added to their holdings.

Meanwhile, XRP traded at $2.23, up 4% in the past day, with a 24-hour range of $2.14 to $2.27.

Whale activity and the launch of the RLUSD stablecoin boosted investor confidence.

Analysts predict a possible 60% surge for XRP if market conditions remain favorable.

Solana (SOL) also rose by 5%, trading at $188. Its 24-hour low and high were $179 and $193, respectively.

Weekly whale inflows of $1.7 million highlight growing interest in Solana despite recent market volatility.

Meme coins

Meme coins also posted gains.

Dogecoin (DOGE) and Shiba Inu (SHIB) were up by 4%, trading at $0.3195 and $0.00002219, respectively.

BONK announced plans to burn 1 trillion tokens to boost its price to $0.11.

Top crypto gainers

• Virtual Protocol (VIRTUAL): Up 35%, trading at $3, with a 24-hour high of $3.14.
• Zcash (ZEC): Up 20%, trading at $64.96.
• Aave (AAVE): Up 19%, trading at $377.

Top crypto loser

• BitTorrent (BTT): Down 2%, trading at $0.00000114.

Hourly charts show positive momentum across key cryptocurrencies like BTC, ETH, and SOL.

Hyperliquid (HYPE) rose 5% in the last hour, indicating a possible market recovery.

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