The crypto prices today noted further declines as the investors seem to have taken a holiday pause after Christmas. Meanwhile, several analysts see this recent decline as a normal characteristic of the market, as the market participants and whales tend to go on a holiday break during this time of the year.
However, the market was anticipating a Santa Claus rally this year, especially after the strong gains in crypto prices since mid-November. Several positive catalysts like Bitcoin Spot ETF speculations, upcoming Bitcoin halving, and the Fed’s dovish stance, among others, have contributed to the gains.
Meanwhile, talking about the crypto prices, the Bitcoin price was down 2.55% from yesterday and traded at $42,326.80 during writing, with its trading volume soaring 49.22% to $30.57 billion. However, despite the recent losses, the crypto has added nearly 13% over the last 30 days, signaling the robust gains it has attained in recent weeks.
In addition, the Ethereum price was down 1.99% to $2,222.09 during writing, and its trading volume surged 38.35% to $10.81 billion. The Solana price, which has noted traction lately due to its rally, fell 8.27% to $110.41, with its trading volume rising 2.91% to $6.07 billion.
In contrast, the BNB price showed resilience despite a slump in the broader market and added 7.75% to $289.76 during writing. Its trading volume also skyrocketed 174.07% to $2.08 billion. However, the XRP price slumped 2.54% to $0.6201 during writing.
In the meme coin segment, the Dogecoin price was down 3.58% to $0.09051 during the writing and its trading volume jumped 36.02% to $574.96 million. In addition, the Shiba Inu price plummeted 4.54% to $0.00001041 and its one-day volume added 25.27% to $206.47 million.
The retreat, as noted in the major crypto prices, dragged down the performance of the broader market on December 27. The global crypto market cap was down 2.37% on Wednesday and stood at $1.64 trillion, and its one-day volume advanced 30.54% to $82.57 billion. The fear and greed index also slipped to 70 on December 27 but remained at the “greed” territory.
Also Read: Polygon (MATIC) Price Gives A Strong Breakout Above $1, Expect 70% Rally Ahead
The Top Crypto Prices For Today Are
Pepe Coin Slips 7%
The Pepe Coin continued to rest in the negative territory on Wednesday, amid a declining momentum noted in the broader market. As of writing, the Pepe Coin price was down 7.02% and traded at $0.000001316 on December 27, while its trading volume, like most of the major cryptos, soared 30.80% to $116.92 million.
Mina (MINA) Adds 20%
The Mina crypto seems to have defied the negative trend in the market, gaining attention from the market participants. During writing, the MINA price soared 19.84% to trade at $1.42, while its trading volume over the last 24 hours soared 80.92% to $411.27 million. Notably, the crypto has added about 95% over the last 30 days.
Sei (SEI) Jumps 17%
The Sei crypto was another top percentage gainer in the crypto market on Wednesday, December 27, despite a slump in the broader market. The SEI price was up 16.80% to $0.4902 as of writing, with its trading volume from yesterday skyrocketing 160.28% to $1.17 billion. Over the last 30 days, the crypto has added nearly 116%.
Also Read: Bitcoin Whales Move 12K BTC Amid Chance Of Early Nod To Spot ETF
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.
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