Morpho, Monero, Kaspa Lead Crypto Charge: Top Gainers in 24-Hour Market Surge
The crypto market's quiet corners just erupted. While Bitcoin and Ethereum hold steady, a trio of digital assets—Morpho, Monero, and Kaspa—are stealing the spotlight with double-digit gains.
Anatomy of an Outperformer
Forget the blue-chips for a moment. Today's action is in the alts. Morpho's lending protocol is catching fresh bids, Monero's privacy rails are back in demand, and Kaspa's blockDAG architecture continues to turn heads. It's a classic rotation play—capital flowing into narratives with momentum.
What's Fueling the Rally?
No single catalyst dominates. Instead, it's a mix of protocol-specific developments and a broader hunt for yield in a sideways market. Traders are bypassing the majors to chase alpha where volatility—and opportunity—remains high. It's a reminder that in crypto, the biggest moves often happen off the main stage.
The Takeaway: Speculation Never Sleeps
While traditional finance debates rate cuts, crypto markets are busy printing their own stimulus—one altcoin pump at a time. Today's winners highlight the sector's relentless, often irrational, appetite for the next big thing. Just don't ask about tomorrow's top gainers; on crypto Twitter, that's a question answered with emojis and rocket ships.
Major Crypto Events Today
Source: Forex Factory
24-Hour Crypto Market Update: Prices, Volume & Trends
The global cryptocurrency market today reached a capitalization of $3.062 trillion, reflecting a 1.3% increase over the last 24 hours. Total trading volume across all cryptocurrencies was $116.34 billion, showing steady market activity.
Bitcoin (BTC) remains the largest crypto, commanding 57.1% market dominance, while ethereum (ETH) holds 11.6%. Currently, 19148 cryptocurrencies are being tracked, with Polkadot and XRP Ledger tokens showing the strongest gains in the past day.
Bitcoin (BTC) price today is at $87601.89, up 1.42% in the last 24 hours, with a trading volume of $41.98 billion and a market cap of $1.74 trillion.
Source: CMC
Ethereum (ETH) price at $2950.85, down 0.8% in 24 hours, with a trading volume of $22.3 billion and a market cap of $356 billion.
Source: CMC
Note: BTC and ETH are often viewed as less volatile historically, but still risky.
Bitcoin (BTC) is trading at $87,443.60, up 1.43%, with a trading volume of $42.2 billion.
Yooldo Esports (YOOLDO) stands at $0.4063, down 0.76%, recording a volume of $663.55 million.
SentismAI (SENTIS) is priced at $0.3295, dropping 11.57%, with $237.86 million in trading volume.
Theoriq (THQ) trades at $0.08903, plunging 50.53%, while posting a volume of $47.63 million.
ELLIE (ELLIE) is trading at $0.0007868, gaining 27.52%, with a trading volume of $122.95K.
Monero (XMR) rose 4.65% to $428.21, recording a TV of $168.4M.
Morpho (MORPHO) gained 3.79%, trading at $1.18 with a TV of $36.6M.
Kaspa (KAS) increased 3.50% to $0.04455, posting a TV of $30M.
MemeCore (M) fell to $1.64, down by 7.84%, with a TV of $14.46M
Pump.fun (PUMP) dropped to $0.002315, losing 7.57%, recording a TV of $123.87M.
AB (AB) declined to $0.005008, down 5.32%, with a TV of $15.92M.
Note: Date Taken From CoinMarketCap.com
Stablecoins recorded a 0.3% negative change in the past 24 hours, with a market cap of $312.8 billion and trading volume of $89.2 billion.
The Decentralized Finance (DeFi) market dips 0.5% in the last 24 hours, reaching a market cap of $105.8 billion, while total value locked (TVL) stands at $5.15 billion.
Fear and Greed Index Today
Source: Alternative Me
The current crypto Fear and Greed Index is 16 (Extreme Fear), indicating that the risk is very high as the price decreases, and the purchasing volume is low. Yesterday: 11 (deeper fear), last week: 26 (fear easing), last month: 14. This implies the existence of long-term bearishness, panic selling in the short run, and a wary investor attitude in the face of uncertainty.
Latest Crypto Market News Today, 17 December
Aave founder Stani Kulechov confirmed that the U.S. SEC has closed its four-year investigation, which removes regulatory strain on DeFi and provides developers with a better sense of operating conditions to proceed.
Tether headed a financing round of 8 million dollars in Speed1, which is constructing instant global payment rails with the help of the Bitcoin Lightning Network and stablecoins to allow quick BTC and USDT settlements.
RedotPay, a stablecoin payments company, raised 107 million in an all-equity Series B round, led by Goodwater Capital, and including Pantera Capital, Blockchain Capital, Circle Ventures, and HSG.
U.S. unemployment ROSE to 4.6% in November, its highest since 2021, beating forecasts. Nonfarm payrolls added 64,000 jobs, surpassing expectations of 50,000.
Hyperscale Data said its Bitcoin treasury reached $75.5 million, nearly its full market value, holding 498.46 BTC and reserving $31.5 million for future purchases.
In 2022, the U.S. FTC suggested a settlement with Nomad bridge operator Illusory Systems regarding a 2022 crypto scam requiring security reforms, audits, truthful claims, and restitution of unclaimed recovered funds to affected users.
In January 2026, Exodus partnered with MoonPay to release a fully reserved USD stablecoin, Exodus Pay, and allow it to make payments in digital dollars without centralized exchanges, directly within its self-custody wallet.
Important to note: All these updates affect traders in terms of liquidity, sentiment, and potential returns, which is why they should be carefully monitored.
Comparative Insight
The sentiment is worse than it was last week, when the fear index stood at 26, although prices are improving. The bitcoin dominance is still high, and the altcoins are being subjected to stiffer corrections, a phenomenon that underscores the flight to safety as uncertainty prevails.
What This Means for Crypto Users
The crypto users will be advised to anticipate more volatility as the fear takes center stage, even with an increase in the price. High Bitcoin control implies defensive positioning, and altcoins are riskier. Clear regulation and the development of stablecoins provide long-term prospects, yet short-term precautions are needed.
CoinGabbar’s Opinion
It is wise to build fundamentally strong assets over an extended period, not overly hyped, and to monitor macro and regulatory indicators. The stage of extreme fear tends to pay off in terms of patience. However, risk management and diversification are essential in uncertain environments.
Disclaimer: This is not financial advice. Please DYOR before investing. CoinGabbar is not responsible for any financial losses. Crypto assets are highly volatile, and you can lose your entire investment. Some services or assets discussed may not be available in all regions.
