Today, in the cryptocurrency market, Bitcoin surged to $96,000, Ethereum rose by 9%, and ENS increased by 50%. Check out the top market trends from November 28.
Today's cryptocurrency market continues to trend upward, reflecting strong bullish sentiment. Bitcoin
(BTC) price surged above $96,000 in the past 24 hours. Ethereum (ETH) price rose
by 9%, showing strong market confidence. Additionally, the Ethereum Name Service (ENS) became the currency with the largest gain, soaring by 50%.
Solana (SOL) and XRP have seen significant growth, contributing to the overall positive momentum in the market. The global cryptocurrency market capitalization increased by 4% to $3.32 trillion, and despite a 9% decline in total market trading volume to $201 billion, it still shows steady growth.
Trading activity on top cryptocurrency exchanges has slowed, reflecting that despite price increases, investor behavior remains cautious. With the cryptocurrency market still in focus today, let's take a closer look at the performance and price trends of the top cryptocurrencies by market capitalization as of November 28.
Today's cryptocurrency market (November 28): BTC, ETH, SOL, and XRP maintain their upward momentum
Following a mixed performance yesterday, the cryptocurrency market seems to be recovering today. Bitcoin (BTC) is stable above $94,000, showing resilience, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP continue to maintain upward momentum.
Meme coins also joined the upward trend, increasing by 4% to 6%, indicating growing investor interest in various asset classes. Despite a cautiously optimistic outlook, trading volume on top cryptocurrency exchanges remains moderate, reflecting selective participation from investors.
Today's Bitcoin price
Bitcoin
(BTC) price rose by 3% in the past 24 hours, trading at $95,621. The token's intraday low and high are recorded at $92,337 and
$97,361. BTC's current market capitalization is $1.88 trillion, with a 24-hour trading volume of $70 billion. With a 57%
market dominance, Bitcoin remains the highest market-cap cryptocurrency.
As reported by sosovalue, the inflow for BTC ETFs was $103 million, indicating stable interest from institutional investors. Investors are closely watching for further insights into market sentiment. This growing demand underscores Bitcoin's continued importance in institutional portfolios.
In terms of regulation, Chris Giancarlo discussed strategic Bitcoin reserve proposals. He also talked about potential cryptocurrency policies that may emerge from the Donald Trump administration, suggesting significant changes in regulation. These developments could impact the cryptocurrency market both now and in the future.
Ethereum today's price
Ethereum
(ETH) price has significantly increased by 9% in the past 24 hours, becoming the largest gainer among the top 10 cryptocurrencies by market capitalization today. ETH is currently trading at
$3,593, with intraday low and high prices of $3,358 and $3,687 respectively. Ethereum's market capitalization is $430 billion, with a 24-hour trading volume of $44
billion.
According to
sosovalue, the inflow of Ethereum ETFs reached $90 million, reflecting strong interest from institutional investors. Additionally, Ethereum co-founder Vitalik
Buterin sold the free meme coins he received and donated the proceeds to cryptocurrency advocacy programs that support blockchain technology and ethical cryptocurrency use.
Solana today's price
Solana
(SOL) price increased by 4% in the past 24 hours, currently trading at $238. The token's intraday low and high are $228 and $245
respectively. Solana's market capitalization stands at $113 billion, with a 24-hour trading volume of $5 billion, making it still the fourth largest cryptocurrency by market capitalization.
SOL
set a new all-time high (ATH) of $263.83, surpassing previous peaks and enhancing its upward momentum. This milestone has sparked speculation among cryptocurrency analysts who believe
Solana could reach $500 before the year's end. With optimistic sentiment still prevailing in today's cryptocurrency market, Solana's performance continues to attract significant attention from investors and analysts.
XRP today's price
XRP
price has increased by 7% in the past 24 hours, currently trading at $1.46. The token's intraday low and high are recorded at $1.357 and $1.518
USD. XRP's market capitalization is $84 billion, with a 24-hour trading volume of $8 billion, maintaining its strong position in today's cryptocurrency market.
In regulatory news, XRP
supporting lawyer John Deaton has backed Paul Atkins for the position of Chairman of the U.S. Securities and Exchange Commission. Deaton is calling for reforms to address Gary
Gensler's allegations of overreach and unethical behavior. With the cryptocurrency market now closely observing, XRP's performance and related regulatory developments remain crucial for investors.
Meme Coins today's price
Dogecoin
(DOGE) price increased by 6%, reaching $0.40. This increase continues to highlight DOGE's dominance in the meme coin space. Similarly, Shiba Inu (SHIB)
price rose nearly 5%, currently trading at $0.00002575. With retail investors driving the interest, these meme coins are back in focus.
Additionally, other top meme coins like PEPE, BONK, and WIF also recorded significant increases, ranging from 4% to 8%. The surge in meme coin values is driving the overall positive sentiment in today's cryptocurrency market, as traders continue to profit from these fast-moving assets.
Today's highest-gaining cryptocurrency stock price
Ethereum Name Service
The price of Ethereum Name Service (ENS) has surged nearly 50% in the past 24 hours, reaching $34. Its intraday low and high are recorded at $23.21 and $33.44. This impressive price movement highlights the growing interest in ENS and its utility within the blockchain ecosystem.
Ethereum Name Service is an open naming system designed to meet the growing demands of users in the cryptocurrency space. The main goal of ENS is to convert machine-readable identifiers (such as content hashes, cryptocurrency addresses, and crypto metadata) into human-readable names.
Esina
ENA price surged by 22%, currently trading at $0.74. The token's intraday low and high are recorded at $0.60 and $0.76, indicating a strong price trend. This increase highlights the growing interest and positive sentiment towards ENA in today's cryptocurrency market.
Today's biggest cryptocurrency losers' prices
Algorand
Algorand has become the worst-performing token in the past 24 hours, with its price dropping by 5%. Currently trading at $0.286, the token's intraday low and high are $0.2843 and $0.3077. Despite the recent decline, ALGO's market activity remains under close scrutiny by analysts.
Interestingly, analysts predict that Algorand's short-term growth will surpass that of Bitcoin, suggesting potential rebounds and increases in the future. With today's cryptocurrency market performing unevenly, investors are closely monitoring ALGO's next moves.
Spell
The price of MANTRA (OM) has decreased by 4% in the past 24 hours, currently trading at $3.43. The intraday low and high for this token are recorded at $3.424 and $3.755 respectively. Despite this drop, the broader cryptocurrency market still shows signs of strength and stability.
From the hourly chart, major cryptocurrencies show bullish momentum, with some top altcoins rising by 1% in the last hour as of the time of this writing. This indicates that while individual tokens like MANTRA may face short-term challenges, overall market sentiment remains positive.
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