Bitcoin, Pepe Coin Retreat With KAS Rising

The crypto prices today again slipped into the negative territory, after witnessing a notable surge on December 28. Meanwhile, the recent slump in the broader digital assets space was in line with this week’s volatile witnessed in the market.

The recent volatility in the market suggests that investors are pausing the much anticipated Bitcoin Spot ETF approval as soon as early January. Also, some experts have attributed the recent losses to the holiday mood, which might kept the investors and whales on the sideline.

In crypto prices, the Bitcoin price declined 1.37% to $42,640.80, and its trading volume fell 11.26% to $23.06 billion. Over the last seven days, the BTC price witnessed a slump of over 3%, while adding about 12% in the last 30 days.

Among other crypto prices, the Ethereum price slipped 1.60% to $2,349.78 during writing on December 29, while its trading volume over the last 24 hours fell 16.09% to $14.21 billion. Simultaneously, the BNB price noted decline of 0.57% to $321.33, with its volume falling 7.37% to $1.83 billion.

However, the Solana price showed some resilience after choppy trading yesterday and added 0.52% to $105.31 during writing. In contrast, the XRP price was down 2.65% to $0.6324, and its trading volume decreased by 6.96% to $1.62 billion.

Meanwhile, the declining crypto prices have dragged down the global crypto market cap by 1.85% on Friday to $1.67 trillion. In addition, the overall trading volume in the market from yesterday slipped 3.83% to $77.07 billion. Notably, the fear and greed index reading stood at 77, suggesting a “greed” sentiment in the crypto market.

Also Read: Last Bitcoin Options Expiry of the Year, Here’s What the Data Tells

The Top Cryptos For Today Are

Pepe Coin Slips 6%

The Pepe Coin has witnessed a topsy-turvy scenario this week, amid a volatile trading scenario in the broader market. Meanwhile, the Pepe Coin price was down 6.46% and traded at $0.000001356 on Friday, December 29, while its trading volume fell 31.11% to $105.04 million. However, despite the slump, it has gained over 4% in the last seven days.

Kaspa (KAS) Soars 10%

The Kaspa crypto has shown resilience to the bearish sentiment noted in the broader crypto market and stayed in the positive territory. The Kaspa price was up 10.35% to $0.1214 during writing on Friday, while its trading volume rose 65.69% to $53.97 million.

Helium (HNT) Adds 6%

The Helium crypto was another top percentage gainer in the crypto market on December 29, as evidenced by the recent surge in its price. As of writing, the Helium price was up 5.68% to $6.88, while its trading volume rose 81.69% from yesterday to $24.72 million.

Also Read: SEC Secures Victory Over Terraform, Kwon in Securities Ruling

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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor and crypto journalist at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.