Bitcoin Price and Ethereum Forecast: Expectations for BTC and ETH

Following the recent rapid rise of Bitcoin, cryptocurrency prices continue to surge today. With the positive impact of Bitcoin Spot ETF, investor behaviors have shifted towards risky assets, and cryptocurrencies have reached unprecedented record levels since last year.

After reaching the level of $44,488 in the evening yesterday, the price of Bitcoin declined and fell below $44,000. At the time of writing, Bitcoin’s price has remained neutral in the past 24 hours, trading at $43,634 with a trading volume of $37.60 billion.

Ethereum, considered the king of altcoins, dropped by 1% according to yesterday’s time, reaching $2,270.06, while its trading volume increased by 5.59% to $16.24 billion. Another important altcoin, XRP, decreased by 1% to $0.616.

On the other hand, Solana‘s price increased by 3.26% to $64.41, surpassing most altcoins. During this period, SOL’s trading volume increased by 2.24% to $2.21 billion. Cardano (ADA) also experienced an early rise today but traded at $0.4215 with a 1% decline.

The price movements on December 6th also affected meme coins. At the time of writing, Dogecoin’s price increased by 5.5% to $0.09654, but its trading volume decreased by 13% to $1.17 billion. The price of Shiba Inu increased by 2.11% to $0.0000097.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.