As a seasoned crypto investor with over a decade of experience under my belt, I’ve seen market fluctuations like these countless times. The bullish momentum today is undeniably exciting, with Bitcoin touching an all-time high and top altcoins mirroring the same trend. However, it’s always important to remember that the crypto market can be as unpredictable as a roller coaster ride.
Today’s cryptocurrency prices are showing a robust upward trend, boosting confidence among investors throughout the sector. Bitcoin (BTC) nearly hit $76,000, while Ethereum (ETH), Solana (SOL), and XRP predominantly stayed in the green. However, Dogecoin (DOGE) experienced a significant decline in worth, bucking the overall market trend following Donald Trump’s victory in the U.S. elections.
Additionally, the overall crypto market value climbed more than 4% on a day-to-day basis, reaching approximately $2.54 trillion. Moreover, the total traded volume saw an impressive surge of 86.5%, amounting to around $214.56 billion. Here’s a quick summary of some leading cryptocurrencies based on market capitalization and their price fluctuations today, which is November 7th.
Crypto Prices Today Spark Optimism: BTC & Top Altcoins Gain
Over the past day following the U.S. elections, Bitcoin momentarily reached a high of $76K. Meanwhile, the altcoins sector displayed a bullish trend with ETH, SOL, and XRP increasing by 3% to 10%. However, Dogecoin experienced a significant drop, causing some worry even after Trump’s victory. Additionally, NEIRO was the day’s leading market growth leader. Let’s delve further into today’s prices for these coins.
Bitcoin Price Today
As an analyst, I’m reporting that the price of Bitcoin (BTC) has experienced a growth of nearly 1% over the past 24 hours and is currently trading at approximately $75,202. The intraday low for BTC was $72,733.32, while the high reached an intraday peak of $76,460.15 – this high also represents a new All-Time High (ATH) for Bitcoin’s price.
Ethereum Price Today
On Thursday, Ethereum’s price surged more than 10%, peaking at $2,859. The day’s lowest and highest values were marked at $2,563.82 and $2,878.75 respectively. Ethereum’s market capitalization stood at a staggering $344.10 billion today. Furthermore, a significant influx of $52.29 million into ETH ETFs was reported as of November 6, except for BlackRock ETHA data. However, CoinGape Media’s analysis suggested that Ethereum might not achieve another all-time high due to persistent selling by whales, despite the influence of U.S. elections.
Solana Price Today
The crypto SOl witnessed a 3% rise in value and is currently sitting at $189.17. The coin’s intraday low and high were $180.35 and $191.79, respectively. Solana’s market cap was evaluated as $89.20 billion today. Notably, Pumpfum was reported to have sold nearly $6 million worth of SOL amid the coin’s recent price upswing.
XRP Price Today
Today, the value of XRP increased by 5% and is currently being traded at approximately $0.5616. Its lowest and highest points during trading were $0.5274 and $0.5739 respectively. Currently, XRP’s market capitalization stands at about $31.94 billion. Furthermore, Ripple reportedly moved $250 million worth of XRP today, generating interest among investors regarding the coin’s price fluctuations.
Meme Coins Performance Today
Concurrently, the value of Dogecoin (DOGE) decreased by approximately 5.5% over the last 24 hours, currently standing at $0.1958. Similarly, Shiba Inu (SHIB) experienced a drop of nearly 1.5%, reaching $0.00001899. On the other hand, prices for PEPE, WIF, and BONK predominantly rose today.
Top Crypto Gainers Prices Today
First Neiro On Ethereum
NEIRO price surged 34% in the past 24 hours and is now trading at $0.002022. The coin’s 24-hour low and high were recorded as $0.001574 and $0.002262, respectively.
Lido DAO
In the last 24 hours, the value of LDO has significantly increased by around 31%, currently standing at approximately $1.38. Earlier today, its lowest point was $1.05, while its highest point reached $1.42.
Raydium
Today, RAY‘s price skyrocketed by approximately 25% during trading hours, currently sitting at $4.51. Over the past 24 hours, its lowest and highest points were $3.51 and $4.60 respectively.
Top Crypto Losers Prices Today
Additionally, it’s worth mentioning that Dogecoin was among the top market losers today. Similarly, Helium and Shiba Inu also experienced significant losses.
Helium
HNT price waned nearly 2% in the past 24 hours and is now trading at $6.23. The coin’s intraday low and high were $6.01 and $6.37, respectively.
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2024-11-07 07:48