Crypto News – The majority of the main cryptocurrencies have reached their yearly highs, indicating a good feeling in the market.
December 4 Crypto Prices Rise Massively Today
The market for cryptocurrencies has been more optimistic in December, with advances in a variety of digital assets being attributed to an improving outlook. The anticipation of the approaching Bitcoin halving next year, the approval of the Bitcoin Spot ETF, and other favorable sentiments in the market are all contributing factors to the recent spike in the cryptocurrency market. Furthermore, the recent advances seen in the digital asset market may have been influenced by Fed officials’ dovish views.
The cryptocurrency market cap increased by 3.36% to $1.53 trillion, largely due to advances in the majority of the major crypto prices. Simultaneously, the whole volume of the cryptocurrency market surged by 92.15% to $91.61 billion. Interestingly, there was a bullish sentiment observed in the digital asset area, as shown by the crypto market fear and greed index, which was 75.
Pepe Coin Price Rises 8% Today
On Monday, the price of Pepe Coin increased by 8.24% to $0.000001294, while over the previous day, its trading volume increased by 207.30% to $398.05 million. It appears that advances in it have been aided by the bullish sentiment in the larger market, even if there is no evident reason for the current spike in its price. Notably, in the past seven days, the cryptocurrency has increased by around 21.47%.
Terra Classic’s Price and Volume increased Significantly
One of the biggest risers in the cryptocurrency market on December 4 was Terra Classic (LUNC), suggesting that the Terra community is beginning to feel more positive about the situation. As of this writing, the price of Terra Classic has risen by 28.77% to trade at $0.000246, while the volume of transactions has increased by 115.42% to $1,316,581,343 over the previous day, suggesting that market participants have a high degree of confidence.
ORDI Increased by Almost 600% in the Last Month
Another significant mover in the digital asset area was the ORDI cryptocurrency, indicating an increasing market interest in cryptocurrencies. In terms of recent performance, the ORDI price was up 27.29% at the time of writing and was trading at $41.34. The trading volume for the previous day was $991.21 million, unchanged. Notably, throughout the previous 30 days, the cryptocurrency’s price surged by almost 590%.
LUNA Rises Like LUNC
In addition to its sister coin, The Terra (LUNA), it received significant attention on December 4, demonstrating the community’s strong belief in the platform. LUNA and LUNC, however, have clear distinctions despite their apparent similarity. As of this writing, LUNA‘s trading volume exceeded $793.64 million by 272.60%, and its price had increased 36.24% to $1.15 from yesterday.
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