Cryptocurrency Prices Show Positive Momentum at the Start of December - Latest cryptocurrency news

Cryptocurrency Prices Show Positive Momentum at the Start of December

Cryptocurrencies began the day with a positive outlook on December 1st. As investor sensitivity increases due to regulatory barriers and other factors, price movements have followed a volatile trend throughout the week.

At the beginning of the month, price increases were observed in cryptocurrencies. This may be an indication of growing confidence among cryptocurrency investors.

Technology & Populer Science News: Newslinker.co

Bitcoin price gained positive momentum after the release of data on Thursday, November 30th. Bitcoin’s price started December with a 1.27% increase in the past 24 hours, reaching $38,183.11.

Meanwhile, the price of leading altcoin Ethereum increased by 1.78% to $2,098.65 at the time of writing, with a 5.32% increase in 24-hour trading volume, reaching $9.31 billion. At the same time, XRP’s price rose by 0.50% to $0.6093, but its volume decreased by 4.46% to $983.18 million compared to the previous day.

Solana, a preferred coin among investors last month, saw a 1.71% increase in the past 24 hours, trading at $60.60. However, its daily trading volume decreased by 33.54% to $1.31 billion. Additionally, Cardano, which is among the top 10 cryptocurrencies, experienced a 0.84% increase and traded at $0.3798 at the time of writing.

Dogecoin’s price increased by 1.07% to $0.08434, and a significant increase in trading volume was observed, rising by 9.53% to $664.61 million. Its competitor, Shiba Inu, saw a 0.48% increase and traded at $0.00000834. Pepe Coin’s price increased by 2.01% on December 1st and reached $0.000001105 at the time of writing.

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.
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