Bitcoin

Hyperliquid

Gains

The total cryptocurrency market capitalization remained relatively unchanged throughout the past 24 hours, as Bitcoin and most large-cap coins failed to chart any significant gains.
Of course, there are some exceptions to this, including the new Hyperliquid token that is doing rounds, so let’s dive deeper.
<h2 id="bitcoin-price-flat-around-97k">Bitcoin Price Flat Around $97K</h2>
During the past day, Bitcoin failed to note any considerable movements and is trading at a slight increase of around 0.4%.
For the most part, it traded below $97,000 and was even close to falling below $96,000 at one point, but the bulls were quick to stop the assault and prevented further declines, as seen in the chart below.
<figure id="attachment_372952" aria-describedby="caption-attachment-372952" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-372952" src="https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39.png" alt="BTCUSD_2024-12-01_12-23-39" width="3250" height="1586" srcset="https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39.png 3250w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39-300x146.png 300w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39-1024x500.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39-1536x750.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39-2048x999.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD_2024-12-01_12-23-39-50x24.png 50w" sizes="(max-width: 3250px) 100vw, 3250px"></a>
 <figcaption id="caption-attachment-372952" class="wp-caption-text">
 Source: TradingView
 </figcaption>
</figure>
All eyes are still on Bitcoin, though, as the entire industry expects it to break above $100,000. However, at the same time, its dominance – the metric that tracks BTC’s share relative to that of the rest of the industry, has been dwindling lately.
It declined by more than 3% during the past seven days, which is a clear sign that altcoins are popping and are gaining more ground. One clear example of that is the new token that was airdropped a couple of days ago – Hyperliquide (HYPE).
<h2 id="hype-leads-altcoin-gains">HYPE Leads Altcoin Gains</h2>
Hyperliquid (HYPE) is trading at above $9, achieving a total market capitalization of upwards of $3 billion in the first couple of days since it was airdropped to users. This is nothing short of impressive, and it’s the best-performing cryptocurrency from the top 100 following its airdrop.
Another runner today is the meme coin Brett (BRETT) and Hedera’s HBAR, both of which have gained more than 20% in the past 24 hours.
<figure id="attachment_372953" aria-describedby="caption-attachment-372953" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-372953" src="https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45.png" alt="Screenshot 2024-12-01 at 12.33.45" width="3338" height="1536" srcset="https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45.png 3338w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45-300x138.png 300w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45-1024x471.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45-768x353.png 768w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45-1536x707.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45-2048x942.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-01-at-12.33.45-50x23.png 50w" sizes="(max-width: 3338px) 100vw, 3338px"></a>
 <figcaption id="caption-attachment-372953" class="wp-caption-text">
 Source: Quantify Crypto
 </figcaption>
</figure>
Meanwhile, the majority of the large-cap cryptocurrencies such as SOL, ETH, DOGE, ADA, AVAX, XRP, and so forth, are trading relatively flat during the past day, charting differences in the range between -2% and +2%.
The post <a href="https://cryptopotato.com/these-cryptos-increase-the-most-as-bitcoin-trades-around-97k-weekend-watch/" rel="noopener noreferrer nofollow">These Cryptos Increase The Most as Bitcoin Trades Around $97K (Weekend Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

These Cryptos Increase The Most as Bitcoin Trades Around $97K (Weekend Watch)

Table of Contents

CryptoPotato_News

Other articles published on Dec 1, 2024

Regret Missing Neiro’s Boom? BTFD Coin Could Be Your Next Shot at Greatness!

Ethereum Shoots Past $3,700 – Will It Hit $4,000 Next?

Ripple CTO Hits Out at US Government for Regulation

Meme Coin Zoo Explosion: PNUT at $2B, GOAT at $1B—Will Catzilla Lead the Next Wave?

Michael Saylor Predicts Next Trend in Corporate Bitcoin Adoption

Japan FSA Cracks Down on Unregistered Crypto Exchanges

Join our free newsletter for daily crypto updates!