
The cryptocurrency market has seen significant fluctuations recently, highlighted by Bitcoin's rise past the $100,000 mark, a historic milestone. As of December 8, Bitcoin traded at over $100,000, contributing to a total market capitalization of approximately $3.90 trillion, which reflects a 3.27% increase. XRP, while experiencing a dip to $2.25, has posted substantial gains of 56% weekly and 339.6% monthly, solidifying its position as the fourth-largest cryptocurrency. Additionally, Bitcoin's recent flash crash to $90,200 caused over $885 million in liquidations. The overall market sentiment remains positive, with a Fear & Greed Index reading of 75, indicating a state of greed among investors. The altcoin market has also shown impressive performance, with XRP gaining 343% in the past month and other tokens like Cardano increasing by 219%. The current Bitcoin dominance stands at 50.58%, reflecting a slight decrease of 1.55%.
Week in Review: โข๐ #Bitcoin crosses $100K, a historic milestone that sparks celebration across the crypto community. โข๐ $XRP dips to $2.25 but boasts massive 56% weekly and 339.6% monthly gains, holding firm as the 4th largest crypto. โข๐ $SHIB: U.S. govt moves 54 billionโฆ
๐ Last Week in Crypto Recap ๐
๐ Week in Review: โข๐ #Bitcoin crosses $100K, a historic milestone that sparks celebration across the crypto community. โข๐ $XRP dips to $2.25 but boasts massive 56% weekly and 339.6% monthly gains, holding firm as the 4th largest crypto. โข๐ $SHIB: U.S. govt moves 54 billionโฆ