Crypto Prices Today Nov 11: BTC Tops $81K, DOGE Touches $0.3

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As a seasoned analyst with over two decades of experience in the financial markets under my belt, I can confidently say that today’s crypto prices are a testament to the resilience and potential of this burgeoning asset class. The gains we’re witnessing across BTC, ETH, SOL, XRP, and even meme coins like DOGE are reminiscent of the dot-com boom in the late 90s – except this time, it’s not just a handful of stocks driving the surge, but an entire ecosystem.

Today’s crypto prices have significantly increased, causing investor enthusiasm worldwide. Bitcoin (BTC) hit unprecedented highs, settling at around $81K. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP saw intraday gains ranging from 3% to 11%. Notably, Dogecoin (DOGE) stood out as the day’s top performer in the meme coin category.

Additionally, it’s worth noting that the overall cryptocurrency market capitalization surged by approximately 1.86% within the past day, reaching an impressive $2.65 trillion. Furthermore, the total market volume saw a significant boost of around 19.50%, amounting to roughly $149.31 billion today. Here’s a quick rundown of some prominent cryptocurrencies based on their market cap and their price fluctuations on November 11.

Crypto Prices Today: Market Mirrors Bullishness As BTC and Top Alts Soar

Following this month’s U.S. elections, there was a strong sense of optimism in the broader market, largely because Donald Trump won. This enthusiasm led Bitcoin’s price to reach a new all-time high at around $81K, and the altcoin market also experienced growth. During this time, Dogecoin (DOGE) saw significant increases as well, possibly due to Elon Musk’s involvement with DOGE while he was part of Trump’s administration, which has been referred to as the “D.O.G.E saga.” Now let’s take a closer look at the current prices of the top coins.

Bitcoin Price Today

In the last 24 hours, the Bitcoin price chart shows an approximately 5% increase, with the current trading value at around $81,437. The coin’s lowest and highest points within this period were $77,199.78 (low) and $81,697.54 (high), marking a new all-time high (ATH). Today, Bitcoin’s market capitalization was estimated at $1.61 trillion, while its market dominance grew by 1.42%, amounting to 59.46%. Interestingly, over the past week, there have been approximately $1.63 billion in inflows into spot Bitcoin ETFs, as per Sosovalue data. Additionally, a recent report from CoinGape Media suggests that Bitcoin’s new ATH might still be undervalued, given on-chain metrics pointing towards potential for further gains.

Ethereum Price Today

Today, Ethereum’s price surged approximately 3% within the day, currently trading at $3,198. Its lowest and highest points in the last 24 hours were $3,073.25 and $3,249.91 respectively. This has boosted Ethereum’s market capitalization to a staggering $385.38 billion. Interestingly, over the past week, Ethereum ETFs have seen an inflow of approximately $154.66 million. Additionally, an analysis suggests that Ethereum could be heading towards a new All-Time High as large investors (whales) are buying more Ethereum during this bullish market trend.

Solana Price Today

As an analyst, I’m reporting that over the past 24 hours, the price of SOL has surged approximately 4%, now standing at $210.25. The coin’s price range during this period was between $200.13 (low) and $215.18 (high). Today, Solana’s market capitalization is estimated to be a substantial $99.18 billion. The founder of Solana, Anatoly Yakovenko, has drawn attention to the crypto and the Solana blockchain, emphasizing its impressive scalability, infrastructure-centric approach, and transaction efficiency.

XRP Price Today

Over the last 24 hours, the price of XRP climbed approximately 4%, reaching a current value of $0.5953. Its lowest and highest points during this period were $0.5666 and $0.616 respectively. Additionally, today, XRP’s market capitalization stood at around $33.86 billion. The Ripple-supported coin is rising in sync with the broader market movement.

Meme Coins Prices Today

In a notable turn of events, Dogecoin (DOGE) has spearheaded market growth, experiencing an approximately 29% increase in value within the last 24 hours to reach $0.2941. Meanwhile, Shiba Inu (SHIB)’s price also climbed by around 19%, settling at $0.00002654. Furthermore, PEPE, WIF, and BONK have seen their prices grow between 11% to 23%, over the same timeframe.

Top Crypto Gainers Prices Today

Apart from Dogecoin, CRO, WIF, and FLOKI emerged among the top gainers.

Cronos

Today, the value of CRO coin soared approximately 26%, peaking at $0.1339. Its lowest point in the last 24 hours was $0.1072, while its highest point was $0.1448.

Dogwifhat

Today, the value of WIF saw a significant surge by 23%, peaking at $3.09. During this 24-hour period, the lowest point for the coin was $2.47, with a peak of $3.19.

FLOKI

In just the last day, Floki’s value increased by 21%. At present, it stands at approximately 0.0001816 dollars. During this period, its lowest point was 0.0001486 dollars, while its highest was 0.0001919 dollars.

Top Crypto Losers Prices Today

Raydium

Yesterday, I observed a significant increase of approximately 4% in RAY‘s price, which currently stands at $5.48. During the trading day, its lowest point was $5.08, while it peaked at $5.88.

Helium

Today, the Helium Network Token (HNT) experienced a 4% drop in value during trading hours, settling at a price of $6.50. Earlier today, its lowest point was $6.55, while it reached a high of $7.18 within the last 24 hours.

Aave

AAVE price slipped 3% over the past day and is currently trading at $189. The coin’s 24-hour low and high were $181.74 and $198.27, respectively.

In addition, the hourly charts showed Bitcoin increasing by 0.42%, while Ethereum dropped 0.3%. This fluctuation in crypto prices has piqued investor curiosity today. Notably, respected cryptocurrency market analyst Ali Martinez fueled more debate with his recent post today, suggesting that this price surge could be the start of an impressive bull run ahead.

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2024-11-11 07:42