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Crypto Market Today (Nov 29, 2024): Bitcoin Makes Pace Toward $98k | XRP Now Among Top 100 Gainers!

Published by
Shrishesh Tanksalkar

The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion. Amidst the heightened sentiment the Fear & Greed Index continues to stay undeterred at an “Extreme Greed” score of 84, highlighting the bullish investor/trader sentiments.

Bitcoin Price Today: BTC Inches Closer to $98k

Bitcoin price has maintained its uptrend by adding 2.08% in the past 24 hours to hit $97,486.24. Despite a 34.48% plunge in its intraday trading volumes, Bitcoin’s market cap has risen to $1.93 trillion, keeping its market share intact at 57.02%. With Bitcoin making moves despite the recent liquidations has heightened the optimism of investors, waiting for it to hit $100k.

Wondering when will BTC price hit $100k? Read our Bitcoin Price Prediction for the potential time frame.

Altcoins Watch: ETH Sinks, SOL & XRP Rise Up!

Ethereum saw a minor decline, slipping 1.24% to $3,590.91. Meanwhile, Solana and XRP performed impressively, gaining 3.32% and 12.51%, respectively. XRP’s sharp rise highlights its continued momentum as a favored altcoin.

As traders reworked their holdings and positions, Ethereum saw a minor slip of 1.24% in its price tag to $3,590.91. On the other hand, Solana and XRP impressed the crowd with 3.32% and 12.51% price gains respectively. Moreover, XRPs bullish move has made it one of the top gainers of the day.

Curious about ETH’s year-end price targets? Read our Ethereum Price Prediction for all details.

Top Gainers:

  • Algorand (ALGO): +27.65% to $0.3746
  • Peanut (PNUT): +16.89% to $1.30
  • XRP: +12.78% to $1.66

Top Losers:

  • Ethereum Name Service (ENS): -13.32% to $33.37
  • Ethereum Classic (ETC): -4.52% to $31.72
  • Sui (SUI): -3.44% to $3.42

Stay tuned for daily updates as the cryptocurrency space continues to evolve with new opportunities and challenges.

Shrishesh Tanksalkar

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