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Crypto Price Today (Nov 25, 2024): Bitcoin Price Stays at $98k | Microstrategy Buys 55,000 Bitcoins!

Published by
Shrishesh Tanksalkar

The global cryptocurrency market is on the rise, posting a daily increase of 1.82%, with the total market cap reaching $3.37 trillion. Trading activity held steady, with a modest 0.04% uptick bringing 24-hour volumes to $203.43 billion. Investors seem to be reveling in extreme greed, as evidenced by the Fear & Greed Index, which now stands at a remarkable 87. In a positive move, Microstrategy has added 55,000 Bitcoins worth ~$5.4 billion at an average price of $97,862.

Bitcoin Dominates with Strong Momentum

Bitcoin continues its upward trajectory, currently priced at $98,034.93, marking a 1.04% increase over the last 24 hours. The flagship cryptocurrency hit a daily high of $98,935.03, underscoring its growing dominance at 57.67%. With a notable 30.23% spike in trading volumes, Bitcoin remains the focal point for investors. ETF inflows worth $2.42 billion during November 18-22 further highlight the bullish sentiment.

Explore our in-depth Bitcoin Price Prediction to analyze whether BTC can break the psychological $100k barrier soon.

Ethereum and Altcoins: Mixed Performances

Ethereum surged by 5.32% to reach $3,491.98, regaining investor confidence. Solana followed suit with a 2.02% increase to $251.15, while XRP outshone most, soaring by 8.62% to $1.47.

However, the altcoin space wasn’t without its setbacks. Stellar fell by 3.20%, making it the top loser of the day, followed by LEO (-2.58%) and Tezos (-1.60%).

Dive deeper into Ethereum’s future with our comprehensive Ethereum Price Prediction.

Top Gainers: SAND Continues to Take the Spotlight

The Sandbox (SAND) emerged as the day’s biggest winner, skyrocketing 28.52% to $0.7741. Sei and Lido DAO also posted double-digit gains, with increases of 19.49% and 19.18%, respectively.

For more updates on Bitcoin’s trajectory and the evolving cryptocurrency landscape, stay tuned to our daily insights.

FAQs

What is the price of Bitcoin today?

Bitcoin (BTC) is currently priced at $98,034.93

How much is 1 Ethereum right now?

1 Ethereum (ETH) token costs $3,491.98

Which tokens have surged the highest today?

The Sandbox, Sei, and Lido DAO lead the top 100 gainers today with gains of 28.52%, 19.49%, and 19.18% respectively.

Shrishesh Tanksalkar

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