The cryptocurrency prices today have portrayed remarkable numbers on their daily charts. The extended run comes in view of Donald Trump’s election win, hopes of a favorable crypto ecosystem, Federal Reserve’s decision to slash interest rates. And the historical “Moonvember”, that has fostered excitement and optimism among traders and analysts. Talking about numbers, the industry’s market cap climbed 4.32% in the past 24 hours to $2.91 trillion, with the trading volume surging by 46.76% to $352.42 billion. While the numbers have corrected since the Asian hours, the Fear & Greed Index continues to reflect “Extreme Greed”, with the current score of 84.
Bitcoin (BTC) has set a new benchmark, by hitting an all-time high (ATH) of $89,604.50 before correcting back to $87,781.23, marking a 6.86% spike in the last 24 hours. BTC’s trading volume too witnessed a 94.75% jump to $154.76 billion, as the market cap rose to $1.72 trillion. With a dominance of 59.01%, analysts are expecting Bitcoin’s bullish momentum to take its price to $90k next.
Curious about where BTC is headed next? Explore our Bitcoin Price Prediction.
Ethereum price has managed to upkeep with the broader market’s optimistic sentiment, registering a 2.78% increase to $3,292.85. On the other hand, Solana toiled with a 2.33% plunge, trading at $213.35. In the meantime, XRP price surged by 10.47% to $0.6493, leading gains among top altcoins.
Read our in-depth analysis of the Ethereum Price Prediction.
Cronos (CRO) made it to the spotlight, rising 26.26% to $0.1844, while Aioz Network (AIOZ) topped with an impressive 41.47% surge, reaching $0.7215. Dogecoin (DOGE) also saw a robust 35.91% growth, trading at $0.3972.
Conversely, Raydium (RAY) led the losers, dropping 17.04% to $4.71. Kaspa (KAS) and Helium (HNT) followed, with declines of 9.24% and 7.36%, respectively.
Subscribe to us, to stay tuned for more updates as market trends continue to shift.
After nearly four years of intense legal battle, the U.S. Securities and Exchange Commission (SEC)…
The wait is finally over for the XRP community. Ripple and the US Securities and…
Mashinsky was charged with misleading investors and customers about Celsius operations. Restructuring of Celsius protocol…
The conclusion of the SEC vs Ripple case is a major milestone for the entire…
Wall Street experts forecast bullish acceleration in May for the wider crypto market led by…
The deal will be closed with $700 million in cash and 11 million in shares…