With the arrival of December, the bullish trend in the crypto money markets began to strengthen. Price increases in leading cryptocurrencies such as Bitcoin and Ethereum since 2022 indicate that investors’ interest in risky assets has increased.
As of the morning of December 8, the Bitcoin price traded at $43,416.34, up 0.29% in the last 24 hours. Meanwhile, its trading volume increased by 4.19% to reach $28.34 billion.
The price of Ethereum also reached unprecedented levels since 2022, with its price rising 1% to $2,374.98. As a result of the transactions in the last 24 hours, its volume increased by 35.97% to $15.75 billion.
The price of XRP, which is closely followed by cryptocurrency investors, was $0.6467, up 0.54% as of writing, while Solana rose to $71.79 with a 5% price increase. Meme coins Dogecoin traded at $0.09668, up 1%, while Shiba Inu reached the level of $0.00001 with an increase of 2.15%.
Pepe Coin, one of the daily prominent altcoins, rose 1.31% to $0.00000155, while its trading volume decreased by 30.59% to $206.35 million. Bonk, the first dog-themed meme coin on the Solana network, rose 12.68% to $0.000011872, while its trading volume increased by 115.88% to $201.77 million. Also, Optimism became $2.16 with an increase of 0.27% in the last 24 hours, while Gnosis traded at the levels of $237.83 with a 1% increase.