Today, December 4, 2024, Ethereum saw a strong 6% increase in its value, climbing to $3,820.
Ethereum (ETH) is up 7.75% on the weekly chart and has a 24-hour trading volume of around $44 billion, boosting its market capitalization to around $450 billion.
Ethereum’s circulating supply currently stands at 120.44 million coins, and its market dominance now sits at 12.89%.
Binance Coin (BNB) also experienced a notable rise of 23.57%, reach a new all-time high at $775.
With a market cap of $111.56 billion and a 24-hour trading volume of $6.28 billion, BNB’s circulating supply is 144.01 million coins.
The other altcoin that experienced a major price surge today is Justin Sun’s Tron (TRX). The cryptocurrency is up almost 50% in the past 24 hours and 76% since last week, currently trading at $0.355.
Despite turbulent conditions across the crypto market, XRP continues to attract new holders, with on-chain data pointing to a growing investor base focused on long-term potential rather than immediate gains.
Michael Egorov, the founder of Curve Finance, has once again started liquidating his substantial holdings of CRV tokens, capitalizing on the slight recovery in the cryptocurrency market.
Following a global market sell-off triggered by US President Donald Trump’s tariff announcement, both Bitcoin (BTC) and altcoins saw significant drops.
Binance has announced its latest project, KernelDAO, as part of its ongoing Megadrop series, marking it as the fourth initiative in the lineup.