News View Non-AMP

Crypto News Today (Nov 8th, 2024): Bitcoin Building Pace for Another ATH?

Published by
Shrishesh Tanksalkar

The crypto industry has displayed promising momentum, with a rise of 1.68% in the market capitalization, which has taken the numbers to $2.57 trillion. However, the intraday trading volume has shrunk down significantly by 29.11% to $132.15 billion. Amid the changes in the business, the Fear & Greed Index continues to highlight “Greed” with a score of 72.

Bitcoin Climbing to a New All-Time High?

Bitcoin price has continued to lead the rally, registering a 1.80% increase to $76,343.97. Though its 24-hour trading volume has dropped by 15.57%, BTC’s dominance holds firm at 58.7%. Bitcoin’s resilience and the anticipation of new financial regulations favoring digital assets, following Trump winning the elections has boosted hopes of another all-time high!

Curious about Bitcoin’s future trajectory? Visit our Bitcoin Price Prediction for expert insights.

Altcoin Watch: ETH and SOL Steal the Spotlight

Ethereum’s price has displayed a praiseworthy surge, rising by 3.98% to $2,930.24, holding its dominance at 13.7%. Solana, however, outperformed most with a remarkable 8.85% increase, reaching $204. XRP’s performance remained steady with a slight uptick of 0.16%, trading at $0.5515.

For Ethereum enthusiasts, don’t miss our Ethereum Price Prediction to explore ETH’s potential.

Top Movers & Losers

Leading the top 100 gainers, Cronos surged by 22.20% to $0.104, closely followed by Cardano, which jumped 16.47% to $0.4324. Neiro rounded out the top three, rising 12.96% to $0.002346. On the losing end, Mog Coin saw the biggest drop, down 8.90% to $0.0000002095, with Lido DAO and Ethena declining by 7.96% and 5.43%, respectively.

Subscribe to us, to stay connected for more crypto updates as market sentiment leans positive yet keeps traders vigilant amid market shifts.

Shrishesh Tanksalkar

Recent Posts

Time to Buy Ethereum? Whales Buy 15,563 ETH Amid Price Crash

Despite the bearish market sentiment, crypto whales are showing strong interest in Ethereum (ETH). Data…

April 4, 2025

Navigate the Markets with Confidence: OnEquity’s Comprehensive Trader Glossary

March 2025 – In the dynamic world of trading, a solid understanding of key terms…

April 4, 2025

What Will the Price of Pi Network (PI) Be If It Matches Ripple’s (XRP) Market Cap?

Even after Pi Network's listings on significant exchanges, its price swings and ongoing essential developments…

April 4, 2025

Cardano (ADA) Stumbles with 8% Drop, but Ruvi AI’s (RUVI) Token Takes Center Stage for Crypto Investors with 100% Bonus

The cryptocurrency market has once again found itself under the spotlight, with Cardano (ADA) seeing…

April 4, 2025

Is Pi Coin Headed to Zero Amid Rug Pull Fears?

Pi Coin has dropped to an all-time low of $0.51, marking an 83% drop since…

April 4, 2025

Grayscale Submitted S-1 Form for Solana ETF, But Staking Is Off the Table

Grayscale, the leading cryptocurrency asset manager, has officially submitted an S-1 form to the U.S.…

April 4, 2025