As a seasoned analyst with over two decades of experience in financial markets, I must admit that the current state of the crypto market is nothing short of intriguing. Having witnessed the rise and fall of countless financial assets, I can’t help but be captivated by the resilience and volatility of cryptocurrencies.
Cryptocurrency prices today continue to spark significant discussions among market traders and investors globally. While Bitcoin (BTC) price hit a new ATH over the past day, top altcoins mainly illustrated gaining trajectories. Besides, the newly listed meme coin Peanut the Squirrel (PNUT) emerged as the day’s top gainer, alongside dogwifhat (WIF) rally.
Consequently, the overall value of the crypto market increased by about 3%, reaching an impressive $2.98 trillion in the past day. Yet, the total traded volume experienced a decrease, dipping approximately 3.5% to $308.42 billion. Let’s delve into some popular cryptocurrencies and their price fluctuations on November 14.
Cryptocurrency Prices Today: BTC Hits New ATH, Altcoins Jump
BTC price hit a new ATH of $93.4K, sparing market optimism globally. Meanwhile, Ethereum (ETH) appears to have tackled some turbulence. Nevertheless, SOL and XRP prices maintained a hold in the green zone amid high sentiment. Simultaneously, the meme coin sector showcased remarkable gains, adding to market optimism on prices today. Here’s a brief report on the top coins by market cap and their price action today.
Bitcoin Price Today
BTC price gained nearly 4% in the past 24 hours and is now trading near $90,000. The coin’s intraday low and high were $86,256.93 and $93,434.36, respectively. Notably, this 24-hour high also marks a new ATH for the flagship crypto. Further, Bitcoin’s market cap rested at $1.78 trillion today. Intriguingly, BTC’s market dominance saw a 0.3% increase in value to 59.78% today.
Additionally, it’s worth noting that Sosovalue data indicates an influx of $510.11 million into Bitcoin Spot ETFs. This marks the sixth straight week these ETFs have seen increased investments, coinciding with the upward trend in Bitcoin’s price trajectory.
In the midst of an upbeat market, experienced trader Peter Brandt foresees additional growth for Bitcoin prices, fueling enthusiasm about its potential upward trajectory.
Ethereum Price Today
ETH price chart conversely indicated a 2% leap in value and is currently trading at $3,239. The coin’s 24-hour low and high were $3,121.67 and $3,337.88, respectively. Ethereum’s market cap was evaluated as $385.58 billion today.
Despite Ethereum Spot ETFs experiencing significant inflows of $146.9 million on Wednesday, the Ethereum coin is encountering minor fluctuations. Additionally, it’s worth mentioning that Bitwise Asset Management, an ETF issuer in the crypto sphere, has recently purchased Attestant, an Ethereum staking service, generating conversations within the market.
Solana Price Today
Today, the price of Solana’s crypto saw a significant surge of 8%, reaching $219. Its lowest and highest points in the last 24 hours were $201.47 and $220.34 respectively. Currently, Solana’s market capitalization is approximately $103.35 billion. Given that Solana has been re-listed on Robinhood, there seems to be a positive sentiment sweeping through the crypto market lately.
XRP Price Today
Today, the value of XRP increased by 4% and is currently at $0.6961. Earlier today, it had dropped as low as $0.6426 and peaked at $0.7435. The current market capitalization of XRP is approximately $39.59 billion. According to a recent analysis by CoinGape, there could be an upcoming surge in the price of XRP, potentially reaching $1.5, given the positive trend in the overall crypto market.
Meme Coins Performance Today
Today, Dogecoin (DOGE) saw a 8% increase in value, currently trading at $0.3863. Similarly, Shiba Inu (SHIB) rose by 3%, reaching $0.00002534. Over the past day, PEPE, WIF, and BONK experienced impressive gains ranging from 14% to a substantial 77%. This price surge has fueled optimism among investors regarding these cryptocurrencies’ values today.
Top Cryptocurrency Gainer Prices Today
Peanut The Squirrel
In just 24 hours, the cost of PNUT surged an impressive 170%, hitting a peak of $2.20. Throughout the day, its lowest and highest values were recorded at $0.7716 and $2.47 respectively. It’s worth mentioning that this token has skyrocketed remarkably due to Elon Musk expressing support for Peanut the Squirrel on the crypto platform X.
Pepe Coin
At this moment, the price of PEPE has skyrocketed an impressive 77% within the last 24 hours, reaching a current trading value of $0.00002339. Over the same period, its lowest and highest points were $0.00001253 and $0.00002524 respectively. The surge in this meme coin can be attributed to its recent addition to Coinbase’s trading platform.
dogwifhat
WIF price upsurged 38% over the past day to reach $4.07. The coin’s 24-hour low and high were $2.89 and $4.68, respectively. Coinbase announced to list WIF token amid huge demand, sparking a rally in the token.
Top Cryptocurrency Loser Prices Today
Cronos
CRO price tanked 15% in the past 24 hours and is now sitting at $0.1526. The coin’s 24-hour low and high were $0.1519 and $0.1837, respectively.
Kaspa
Today, the value of KAS dipped by 6%, ending the trading day at $0.1273. Its lowest point during the last 24 hours was $0.1244, while its highest was $0.136.
Stellar
Over the last 24 hours, the value of XLM dipped by 5%, settling at approximately $0.1234. During this period, its lowest and highest points were $0.1211 and $0.133, respectively.
In addition, the charts showing hourly changes showed that Bitcoin decreased by 0.10% and Ethereum increased by 0.88%, creating conflicting predictions about cryptocurrency prices today. However, investors remain optimistic as the fourth quarter has a very positive outlook for the market following Trump’s victory in the U.S. elections.
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2024-11-14 08:30