As a seasoned analyst with over a decade of experience in the financial markets under my belt, I must admit that the crypto market continues to surprise me – and not always in a good way. Today, we saw Bitcoin touching an all-time high of $94K before retreating, while altcoins showed mixed sentiment, with some gaining and others losing ground.
On November 20th, the crypto market displayed a blend of optimism and pessimism. Bitcoin soared to $94,000, setting a new record high, only to retreat slightly and settle above $92,000 later on. However, most significant altcoins experienced a drop in value, decreasing by 2-3% over the past day. In contrast, GOAT and BONK stood out as notable gainers, skyrocketing by 8-13% during the same timeframe.
In the last 24 hours, the overall value of the global cryptocurrency market has decreased by 0.3%, currently sitting at approximately $3.07 trillion. The total trading volume saw a drop of 10% compared to the day before, reaching about $179 billion. Let’s examine some major cryptocurrencies based on their market cap and today’s price fluctuations.
Crypto Prices Today: BTC Hits $94K ATH While SOL, ETH, and XRP See Declines
Today, Bitcoin reached a new peak of $94,000 during trading before facing a reversal, currently maintaining its position above $92,000. GOAT and BONK were the market’s standouts, notching gains of 8-13% over the past day. However, major altcoins saw some turbulence, with most coins decreasing by 2-4%. Meme coins displayed a split reaction; Dogecoin edged up by 1%, while Shiba Inu dipped 3% within the same timeframe.
Bitcoin Price Today
Over the past day, I’ve seen a 0.5% increase in the price of my Bitcoin investment, currently sitting at approximately $92,050. Today’s range for BTC has been between $91,059 (intraday low) and $94,002 (intraday high). The market capitalization of Bitcoin stands tall at a staggering $1.81 trillion, with a 24-hour trading volume of $75 billion, accounting for a commanding 59.21% dominance in the crypto market.
Based on sosovalue’s report, we’ve seen a daily inflow of approximately $600 million so far, but it’s important to note that figures from BlackRock and Grayscale are still pending update. This surge in demand can be attributed to the introduction of Bitcoin ETF options on Nasdaq.
Ethereum Price Today
Ethereum is down by 2.33% in the last 24 hours, currently trading at $3,087. The 24-hour low and high for ETH are $3,070 and $3,160. With a market cap of $371.5 billion and a 24-hour trading volume of $28 billion, Ethereum holds a market dominance of 12.51%, making it the second-largest cryptocurrency in the world. The price decline is also reflected in Ethereum ETFs, with a daily outflow of $67 million, though BlackRock and Grayscale data is missing.
Solana Price Today
At this moment, Solana is being traded at approximately $232. Over the past day, its value has decreased by around 4.5%. The lowest and highest prices for SOL within the last 24 hours were $231 and $247 respectively. With a market capitalization of about $110 billion, Solana holds the fourth position among all cryptocurrencies globally. Its trading volume over the past day amounts to around $6.87 billion, representing a market dominance of 3.61%.
XRP Price Today
Right now, the value of XRP is at approximately $1.08, which represents a decrease of 4% in the last day. The lowest and highest points in the past 24 hours for XRP were $1.0738 and $1.138 respectively. In the same period, the trading volume of XRP amounted to around $5.74 billion, accounting for a market share of 2%. On the brighter side, large XRP holders (whales) have transferred 210 million coins, stirring speculations about a potential partnership with Cardano.
Meme Crypto Prices Today
Dogecoin price saw a gain of approximately 1.3%, currently trading at $0.38. Its 24-hour low and high are $0.3767 and $0.4183, respectively. On the other hand, Shiba Inu (SHIB) is down by 3% in the last 24 hours, now trading at $0.00002404. Its 24-hour low and high are $0.00002409 and $0.00002601, respectively.
Top Crypto Gainers Prices Today
Goatseus Maximus
At the moment, Goatseus Maximus is experiencing a 12% increase in value, with its current price standing at $1.20. Over the past 24 hours, it has ranged between $0.9988 (its lowest point) and $1.231 (its highest).
BONK
Currently, BONK is valued at approximately 0.00005609 USD, showing a 10% rise over the past 24 hours. Its lowest and highest points within this period were 0.00004847 USD and 0.00005768 USD respectively. The trading volume for this timeframe amounts to a staggering $4.23 billion.
UNUS SED LEO
At present, UNUS SED LEO (LEO) is being traded at $8.50, marking a 9% rise over the past 24 hours. Its lowest and highest prices within this period were $7.73 and $8.50 respectively. The current market capitalization stands at approximately $7.85 billion.
Top Crypto Losers Prices Today
Hedera
At the moment, Hedera (HBAR) is being transacted at approximately $0.1258, marking a 16% drop in its value over the past 24 hours. In the same timeframe, it reached a low of $0.1241 and a high of $0.1561. Its current market capitalization stands at a substantial $4.69 billion.
Akash Network
At the moment, Akash Network (AKT) is being traded at around $3.813. Over the past 24 hours, it has seen a decrease of about 12.7%. The lowest price in this period was $3.779, while the highest reached $4.494.
In simpler terms, over the past hour, Bitcoin has seen an increase of 0.02%, while Ethereum has dropped slightly by 0.1%.
Read More
- EUR ARS PREDICTION
- XRP PREDICTION. XRP cryptocurrency
- EUR CAD PREDICTION
- ULTIMA PREDICTION. ULTIMA cryptocurrency
- FIS PREDICTION. FIS cryptocurrency
- POWR PREDICTION. POWR cryptocurrency
- EUR VND PREDICTION
- CHR PREDICTION. CHR cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- DF PREDICTION. DF cryptocurrency
2024-11-20 07:04