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  • Shrishesh Tanksalkar
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    Crypto News Today (Nov 29, 2024): Bitcoin at $96k | XRP Surges Amid Lawsuit Movements

    Story Highlights
    • Bitcoin price surges 0.78% to $96,272.29

    • XRP price surges 5.88% amid positive lawsuit proceedings

    • Algorand leads gains among top cryptocurrencies, surging 17.16% to $0.3337

    The cryptocurrency market today has been steady, with a 24-hour gain of 0.16%, taking the total market capitalization to $3.31 trillion. The intraday trading volume also shot up by the same margin, reaching $197.98 billion. With Bitcoin and major altcoins making notable progress, the Fear & Greed Index continues to signal extreme greed at a score of 84.

    Bitcoin Commands Market Leadershipย 

    Bitcoinโ€™s dominance in the crypto market continues to stay firm at 57.04%, with its price gaining 0.78% over the past 24 hours to hit $96,272.29. Despite a sizable fall of 32.51% in trading volumes, Bitcoinโ€™s market cap has grown to $1.90 trillion, highlighting upheld investor confidence amidst a bullish sentiment.

    Explore our in-depth Bitcoin Price Prediction to understand BTCโ€™s potential movements in the days ahead.

    Altcoins Project Varied Movementsย 

    Ethereum price posted a minor dip of 0.37%, changing hands at $3,578.85, while Solana and XRP showed robust growth. Solana counted a negligible 0.87% price spike to reach $240.71, and XRP soared by a count worthy 5.88% amid positive developments in Rippleโ€™s lawsuit, hitting $1.57. 

    For insights into Ethereumโ€™s future trends, explore our Ethereum Price Prediction analysis.

    Top Gainers: Algorand Leads the Packย 

    Algorand outperformed the top 100 with a significant 17.16% jump to $0.3337. Other notable gainers include Worldcoin, which climbed 14.27% to $2.87, and Peanut, up 11.23% to $1.24. 

    Top Losers: Celestia Declinesย 

    Celestia incurred the highest losses, dropping 6.35% to $8.10. Fantom and Ethena followed next with declines of 4.44% and 3.65%, respectively, signaling divergent market trends.

    The crypto marketโ€™s dynamic nature continues to keep investors on their toes. As extreme greed drives momentum, many await potential corrections or further rallies in the near term.

    Subscribe for more updates and expert insights into the ever-changing cryptocurrency landscape.

    FAQs

    1. How much does 1 Bitcoin cost today?ย 

    The cost of 1 Bitcoin (BTC) at press time is $96,272.29.

    2. Which cryptocurrencies have gained the most in the past 24 hours?ย 

    Algorand, Worldcoin, and Peanut are the top gainers, with increases of 17.16%, 14.27%, and 11.23%, respectively.

    3. What is the current Fear & Greed Index level, and what does it indicate?ย 

    The Fear & Greed Index is at 84, signaling extreme greed in the market and strong investor optimism.

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