According to CryptoPotato, Bitcoin's price recently surpassed $44,000 before dropping below $42,000, causing over $400 million in liquidations. However, on-chain metrics indicate the potential for reduced volatility. BTC open interest dropped to almost $10.5 billion on December 10, which usually hints at reduced volatility, compared to the metric skyrocketing above $11.6 billion last week.
Bonk Inu (BONK) experienced significant growth, rising 400% monthly and surpassing major memecoins like Dogecoin and Shiba Inu. The Solana memecoin jumped around 9% in the past 24 hours and hit an all-time high price on December 9 when its market capitalization reached almost $900 million. Currently, BONK is the 83rd largest cryptocurrency, performing much better than the largest memecoins by market cap, such as Dogecoin (DOGE) and Shiba Inu (SHIB).
Ripple's (XRP) price recently approached $0.70, and despite a slight drop, analysts predict a rise to around $0.75-$0.80. Its price ascended to almost $0.70 over the weekend but dropped significantly over the last 24 hours to its current mark of $0.62. However, some analysts, including Twitter users EGRAG CRYPTO and Dark Defender, believe XRP could finish the ongoing year at a higher level. The former claimed the asset might climb to $0.75, whereas the latter sees it jumping toward $0.80 in the following weeks.