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  • Shrishesh Tanksalkar
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    Crypto Market Today (Nov 28, 2024): Bitcoin Maintains Momentum Amid Extreme Greed

    Story Highlights
    • Fear & Greed Index zooms to an โ€œExtreme Greedโ€ score of 84

    • Bitcoin price surges 2.40% in 24 hours to $95,473.66

    • Ethereum Name Service leads the top 100 with a surge of 42.73% to $36.48

    The cryptocurrency market has witnessed a modest uptick today, with the global market cap rising by 2.99% to $3.32 trillion. Trading volume, however, saw a slight decline of 0.42%, settling at $198.78 billion. The Fear & Greed Index soared to 84, signaling extreme greed as optimism echos through the market.

    Bitcoin Sustains Growth Amid Record Dominance

    Bitcoin continues its upward trajectory, gaining 2.40% over the last 24 hours to reach $95,473.66. While trading volumes fell by 7.85% to $71.53 billion, BTCโ€™s dominance surged to 57.04%, solidifying its grip on the market. With a market cap of $1.88 trillion, Bitcoinโ€™s performance reflects growing investor confidence amidst high market enthusiasm.

    Explore our comprehensive Bitcoin Price Prediction to understand BTCโ€™s potential trajectory.

    Ethereum led the altcoin rally, climbing 4.17% to $3,626.40, while Solana and XRP posted gains of 0.83% and 2.75%, respectively. These movements underscore a growing interest in major altcoins, aligning with the broader marketโ€™s bullish sentiment.

    For insights into Ethereumโ€™s price outlook, check out our Ethereum Price Prediction.

    Top Performers: Ethereum Name Service Leads the Charge

    • Ethereum Name Service (ENS): Surged 42.73% to $36.48, leading the market.
    • Ethena: Gained 10.40%, now priced at $0.7155.
    • Ethereum Classic (ETC): Rose by 9.94% to $32.71.

    Lagging Assets: Lido DAO and Algorand Fall

    • Lido DAO (LDO): Dropped 2.85% to $1.67.
    • Algorand (ALGO): Declined by 2.58%, trading at $0.291.
    • Raydium (RAY): Fell 2.18% to $5.39.

    The crypto market remains dynamic, with Bitcoinโ€™s resilience and altcoinsโ€™ mixed performance painting a diverse picture. As extreme greed fuels the rally, investors are keenly watching for sustained momentum or potential corrections.

    Subscribe to us, to stay tuned for daily updates and deeper insights into the ever-evolving cryptocurrency landscape.

    FAQs

    How much does 1 BTC cost today?

    The price of 1 Bitcoin (BTC) at the time of press is at $95,473.66

    Which tokens have surged the highest today?

    Ethereum Name Service (ENS), Ethena (ENA), and Ethereum Classic (ETC) have surged the highest today, with gains of +42.73%, +10.40%, and +9.94% respectively.

    How has Ethereum (ETH) performed today?

    Ethereum (ETH) price has risen 4.17% in the past 24-hours to $3,626.40

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