Market Rebounds As Bitcoin, Pepe Coin, ORDI Soar

The crypto prices today had regained momentum indicating that the investors are still engaging in the trading activities despite a holiday mood. Generally, trading activity slows down during the holiday season, as whales and investors go for a break during this period.

However, the recent rally in the crypto market suggests that the crypto market enthusiasts are willing to end the year on a positive note. Meanwhile, a flurry of global market watchers anticipates a Santa Claus rally this year, which could further bump up the crypto prices sending them to their new yearly highs.

In major crypto prices, the Bitcoin price was up 0.66% and traded at $43,444.46 during writing, with its trading volume soaring 4% to $20.49 billion. In addition, the largest crypto by market cap has added nearly 2% in the last seven days, noting a new yearly high of around $44,700 this week.

However, the Ethereum price declined 0.6% to $2,268.66 as of writing, with its trading volume slipping 8.9% to $7.81 billion. In contrast, the Solana price noted strong gains of 7% on December 26, and traded at $120.10 during writing, with its one-day volume jumping 10.42% to $5.90 billion.

The BNB price soared 1.18% to $268.93 on Tuesday, while its trading volume dipped 3.41% over the last 24 hours to $761.61 million. On the other hand, the XRP price rose 3.16% to $0.6364, and its trading volume jumped 50.88% to $1.78 billion.

In the meme coin segment, the Dogecoin price has added 1.43% to trade at $0.09386, while its one-day volume fell 22.96% to $422.36 million. Simultaneously, the Shiba Inu price, another top player in the meme coin sector, noted gains of 1.39% and traded at $0.0000109 during writing.

Meanwhile, the gains in almost all the major cryptos have helped the global crypto market cap to add 1.08% over the last 24 hours. During writing, the global crypto market cap stood at $1.68 trillion. In addition, the trading volume over the last 24 hours rose 1.13% to $63.23 billion. The fear and greed index suggested that a “greed” sentiment prevails in the market, with the reading standing at 73.

The Top Cryptos For Today Are

Pepe Coin Adds 2%

One of the most popular meme coins, Pepe Coin was up 1.73% during writing on December 26 and traded at $0.000001416. However, its trading volume over the last 24 hours decreased by 18.88% to $89.24 million. Notably, the top meme coin player has added nearly 22% in its last 30-day price.

ORDI Adds 37%

The ORDI crypto was among top the percentage gainers in the digital asset space on Tuesday, reflecting the broader market sentiment. As of writing, the ORDI price was up 37.37% to $77.32, while its trading volume over the last 24 hours rocketed 255.76% to $1.49 billion. Notably, the crypto noted an incredible surge of 255% over the last 30 days.

SATS (1000SATS) Soars 38%

The SATS price was up 38.02% and traded at $0.0009004 on Tuesday, December 26, marking a place among the top percentage movers in the market. Meanwhile, its trading volume also skyrocketed 473.89% to $462.09 million, suggesting a strong confidence of the investors towards the crypto. However, given the volatile nature of the crypto market, investors should exercise due diligence before making bets on digital assets.

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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor and crypto journalist at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.