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.
The U.S. Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), finalizing its transition from an over-the-counter product into a fully regulated ETF structure.
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XRP trading volumes have doubled in the past 24 hours. Although the price action has not reacted as expected yet, something could be brewing as bulls could be accumulating tokens at these low prices in anticipation of the token’s next leg up. Yesterday, the market reacted quite positively to the approval of the first Solana […]
With the U.S. Securities and Exchange Commission (SEC) already greenlighting spot Bitcoin and Ethereum ETFs, attention is now turning to the next wave of crypto-backed exchange-traded funds.