Last Week in Crypto: Highlights in the World of Cryptocurrencies
Welcome to our exciting weekly roundup in the dynamic world of cryptocurrencies. On Monday, December 2, 2024, at 9:00:05 AM EST (3:00:05 PM CET), we’ll analyze the prices of the top 10 cryptocurrencies on Coin Market Cap and anticipate how the market might evolve throughout the week. On Friday, December 6, at 6:00:02 PM EST (12:00:02 PM CET), we’ll compare these prices with the closing figures to uncover market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $94,989.39 | 6.92% | $101,558.90 |
| ETH | $3,595.71 | 13.16% | $4,069.08 |
| BNB | $632.71 | 17.01% | $740.31 |
| SOL | $222.30 | 7.94% | $239.96 |
| XRP | $2.35 | 0.31% | $2.35 |
| TON | $6.45 | 5.57% | $6.81 |
| DOGE | $0.41 | 7.24% | $0.44 |
| ADA | $1.08 | 13.62% | $1.23 |
| AVAX | $47.18 | 11.83% | $52.76 |
Donald Trump Sparks Crypto Investment Surge
XRP has made a remarkable comeback, reclaiming its spot as the third-largest cryptocurrency by market cap. After falling out of the top three in December 2020 due to a lawsuit from the SEC, XRP has rallied, boosted by legal victories for Ripple in 2024 and a surge in November following Donald Trump’s election win.
ADA and XRP Outpace Bitcoin on Regulatory Hopes
Cardano (ADA) and XRP are outperforming Bitcoin as investors anticipate regulatory shifts under the Trump administration. Both tokens have surged since the US presidential election, driven by optimism for a friendlier regulatory environment. Despite past challenges under Gary Gensler’s enforcement-focused approach, developers have continued building, positioning ADA and XRP as undervalued assets ready to capitalize on their potential
Meme Coins to Watch for Quick Gains: BTFD, Dogwifhat, Floki, and Brett
Meme coins are making waves, with new contenders like BTFD Coin offering early presale opportunities, and coins like Dogwifhat and Brett capturing attention through fun branding and active communities. Floki Inu continues to lead with its innovative projects and strong following. With a blend of humor and investment potential, these coins are attracting serious interest from traders looking for short-term opportunities. Keep an eye on these for possible gains!
Bitcoin Hits Historic $100K Milestone
Bitcoin has shattered records, surpassing the $100,000 mark on December 5, reaching an all-time high of $104,000 shortly after. This milestone follows weeks of momentum, including breaking $90,000 in mid-November, driven by $31 billion in spot ETF inflows and reduced supply from April’s halving. The crypto market celebrates as Bitcoin continues to lead the charge in digital finance innovation.
Ethereum Crosses $4K on Record ETF Demand
Ethereum surged above $4,000 as ETFs saw a record $428M daily inflow on Dec. 5, fueled by optimism over pro-crypto regulation under President-elect Trump. Total inflows hit $750M this week, mirroring Bitcoin’s rise past $100K.
Sources
https://cointelegraph.com/news/xrp-returns-third-largest-crypto-sec-battle
https://cointelegraph.com/news/bitcoin-price-hits-100-000-first-time-new-all-time-high
https://decrypt.co/295348/ethereum-price-hits-4000-etf-demand-surges
