Bitcoin Price Surpasses $100K for First Time In History, CRV Gains 20%, SAND Rises 16%

Bitcoin hit 100k first time in history
Bitcoin

Bitcoin (BTC), the first and top cryptocurrency in the world, surpassed the 100k milestone late last night for the first time in history. The leading cryptocurrency is up 5.36% over the past 24 hours and trading at $101,812.72, according to coinmarketcap data. Bitcoin’s market cap has gained 5.42% and now reaches $2.02 trillion. As a result, this asset class is very close to surpassing tech giants Alphabet and Amazon, making it one of the top five global assets in the world.

The Bitcoin spot ETF had a total net inflow of $557 million on December 4 and continued to have a net inflow for 5 consecutive days. The BlackRock ETF IBIT had a single-day net inflow of $572 million, according to sosovalue. At the same time, Fidelity FBTC and Grayscale BTC saw positive inflows with $17.3 million and $55.7 million inflows, respectively.

Ethereum Price Surge 4.68% With Bitcoin Rise

On December 5, Ethereum (ETH), the second cryptocurrency by market cap, nearing to hit $40k. ETH gained 4.68% over the past 24 hours, trading at $3,860.52. Its 24-hour low and high were $3,663 and $3,860. At the time of writing, ETH increased 4.52% daily and reached $464.47 billion. ETH volume increased 47.36% over the past 24 hours, reaching $64.19 billion.

Ethereum spot ETF had a total net inflow of $168 million on December 4, and continued to have net inflows for 8 consecutive days. The BlackRock ETF ETHA had a single-day net inflow of $124 million, and the Fidelity ETF FETH had a single-day net inflow of $40.6772 million.

At the same time, Grayscale ETH saw a $8.8 million inflow, while Grayscale ETHE was the only one to see an outflow yesterday, with $6.2 million. The other five US ETH Spot ETFs saw zero flow. 

Curve DAO Token (CRV) and The Sandbox (SAND) were the biggest winners, with their prices jumping 20% and 16%, respectively. The total value of the crypto market has grown by about 3%, reaching $3.55 trillion, while trading activity stayed steady at $285 billion.

XRP, & Solana (SOL) experienced a 2–6% Drop

XRP’s price dropped to $2.3, down 9% in the last 24 hours. It traded between $2.188 and $2.67 during that time. Currently, its market value is $132 billion, with $24 billion worth of XRP traded in the past day. XRP is the 4th largest cryptocurrency by market value, with a 3.61% share of the total crypto market.

Today, SOL is priced at $235, down 2% in the past 24 hours. It traded between $223 and $240 during this time. SOL has a market value of $111 billion and $7 billion in daily trading, making it the 5th largest cryptocurrency.

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