As an analyst with over two decades of experience in financial markets, I’ve witnessed bull runs and bear markets across various asset classes. Today’s crypto prices are reminiscent of the dot-com bubble days, albeit with more volatility. The surge in Bitcoin, Ethereum, Solana, and XRP is impressive, to say the least.
Today, most cryptocurrency prices have persisted on a positive trend, indicating robust market energy. Bitcoin (BTC) has achieved a notable achievement, hitting $99,000 for the first time ever. Similarly, Ethereum (ETH) and Solana (SOL) have experienced growth of 9% and 12%, respectively, while XRP has seen an impressive surge of 25%. The cumulative value of all cryptocurrencies globally has risen by 6%, reaching a staggering $3.26 trillion. In addition, the total trading volume has experienced a massive increase of 41% over the past 24 hours, amounting to $251 billion.
Let’s explore further about the leading digital currencies based on market value and their price fluctuations on the 22nd of November.
Crypto Prices Today: Bullish BTC, ETH, SOL & XRP Sentiment
The crypto market is generally on an upward trend, with Bitcoin (BTC) reaching a new high of $99K for the first time. Ethereum (ETH) prices increased by approximately 9%, while many major cryptocurrencies have experienced growth over the past day. XRP saw a significant jump of 25% due to news that Gary Gensler will step down as Chair of the U.S. Securities and Exchange Commission in January 2025.
Bitcoin Price Today
In the last day, Bitcoin has increased by about 5% to reach its current price of $98,683. Earlier today, it hit an intraday low of $94,457 and a high of $98,834. With a market cap of $1.95 trillion and a 24-hour trading volume of $106 billion, Bitcoin holds a significant 59.53% share in the crypto market, demonstrating its ongoing power within this sector.
Based on information from Sosovalue, ten Bitcoin Exchange-Traded Funds (ETFs) attracted $397 million in investments on Thursday, indicating a surge in institutional interest. Yet, we’re still waiting for BlackRock’s IBIT data, which could potentially impact market opinions even more.
Ethereum Price Today
Today, Ethereum experienced a 9% increase and is currently valued at approximately $3,331. Its lowest point in the past 24 hours was $3,083, while its highest point was $3,388. With a market capitalization of $400 billion and a trading volume of around $52 billion over the same period, Ethereum continues to be the second-largest cryptocurrency by market cap, accounting for 12.20% of the total market share.
1) It was noted that Ether Exchange Traded Funds (ETFs) had a withdrawal of approximately $9 million. However, we’re still waiting for BlackRock’s data to gain more insights. Furthermore, Vitalik Buterin, co-founder of Ethereum, recently bought Super Anon (ANON) tokens on Base, suggesting its potential as a groundbreaking token in the privacy sector.
Solana Price Today
Right now, Solana (SOL) is being exchanged at approximately $261. This represents a 12% jump in the past 24 hours. Today, the crypto’s price reached an all-time high of $263.70. The intraday range for SOL was between $236 (low) and $263.70 (high). With a market capitalization of $122 billion, Solana ranks as the fourth largest cryptocurrency in terms of market cap, demonstrating its strong performance.
From my perspective as an analyst, I’ve noticed that the 24-hour trading volume for Solana stands at a substantial $11 billion, accounting for approximately 3.74% of the market dominance. As Bitwise files for a Solana spot ETF, this action signifies Solana’s growing significance within the crypto sphere, which in turn suggests heightened investor interest.
XRP Price Today
Over the past day, XRP experienced a significant increase, currently valued at approximately $1.36. This represents a 25% rise in value. The lowest and highest prices within this period were $1.086 and $1.43 respectively. At a market cap of around $78 billion, XRP holds the position as the sixth largest cryptocurrency based on market capitalization.
In simple terms, over $15 billion worth of XRP has been traded in the last 24 hours, representing a 2.38% share of the entire cryptocurrency market. This substantial increase suggests that more and more investors are taking notice of XRP, which is helping to strengthen its standing within the crypto world.
Meme Coins Prices Today
In the past 24 hours, Dogecoin (DOGE) experienced an upward jump of approximately 6%, now being traded at around $0.3966. Its lowest and highest prices during this period were $0.3767 and $0.3996 respectively. With a current market capitalization of about $58 billion and a trading volume of over $8.72 billion in the last 24 hours, Dogecoin’s robust market performance remains evident.
In much the same way, Shiba Inu (SHIB) has experienced a rise of around 7%, now being priced at $0.00002502. Likewise, notable meme coins such as PEPE, BONK, and WIF have also shown significant growth, with increases ranging between 6% to 13%, over the past 24 hours. This surge in value indicates a high level of investor enthusiasm towards the meme coin market.
Top Crypto Gainers Prices Today
FTX Token
In just the last day, the FTT token has soared by an impressive 34%. Right now, it’s being traded at around $2.68. Its lowest point in the past 24 hours was $1.973, while it peaked at $2.962, showing a significant increase in its value. This suggests a robust upward trend in its price.
XRP
Right now, XRP is being exchanged at approximately $1.36, marking a notable 25% surge over the past day. Over the same timeframe, its lowest and highest prices were $1.086 and $1.43 respectively, indicating substantial fluctuations in value.
Optimism
In the past 24 hours, there’s been a 24% increase in Optimism (OP), with its current trading price at $2.03. Over the same period, it reached a low of $1.647 and peaked at $2.202, indicating robust market activity.
Top Crypto Losers Prices Today
FLOKI
In the last 24 hours, FLOKI has dropped by 5%. At the moment, it’s being traded at approximately $0.0002627. Over the same timeframe, its lowest and highest prices were $0.0002487 and $0.0002778 respectively, indicating a slight dip in price throughout this period.
Peanut the Squirrel
PNUT price is trading at $1.29, down by 3% in the last 24 hours. Its 24-hour low and high were $0.1185 and $0.153, respectively, with trading volume climbing 31%.
In addition, the one-hour charts for Bitcoin (BTC) and Ethereum (ETH) appear optimistic, each experiencing a 1% rise. This upward trajectory suggests a robust short-term trend for both cryptocurrencies. Today’s price movements might exhibit volatility due to the approaching weekly options expiry in the crypto market.
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2024-11-22 07:08