Today's highlights
With nearly $1 billion in inflows into the spot Bitcoin ETF, Bitcoin (BTC) price remains steady at the $75,000 level.
The performance of altcoins has been mixed, leading to various speculations among investors.
Meanwhile, Neiro (NEIRO) became the top gainer of the day, showing impressive performance.
Today's cryptocurrency price fluctuations have sparked a wave of speculation in the global market. Bitcoin continues to maintain its upward trend above $75,000, while altcoins reflect the market's turbulent sentiment.
The global cryptocurrency market cap has declined by 2.64% today to $2.48 trillion, with total market trading volume also dropping by 37.63% to $134.43 billion.
Let's take a look at some of the top cryptocurrencies by market cap and their price performance on November 8.
Today's cryptocurrency prices (November 8): Market volatility attracts investor attention.
Despite the price increases of major cryptocurrencies like Bitcoin, Ethereum, and Solana on Friday, some coins like XRP and Dogecoin saw significant declines. Other altcoins such as MOG and LDO also exhibited a downward trend, reflecting the current market sentiment volatility.
Below is a brief summary of the price trends of some major tokens.
Today's Bitcoin (BTC) price
In the past 24 hours, Bitcoin's price rose nearly 1%, currently trading at $75,851, with session low and high points of $74,480.42 and $76,943.12, respectively. Bitcoin's market cap remains at $1.5 trillion, with market dominance increasing to 60.52%.
It is worth noting that data from Sosovalue shows that as of November 7, Bitcoin's rise was accompanied by $1.3 billion in inflows into the spot BTC ETF.
Today's Ethereum (ETH) price
As of the time of writing, Ethereum's price rose about 1.5% to $2,902, with session low and high points of $2,781.30 and $2,954.87, respectively. Its market cap is $349.39 billion.
Ethereum's rise is related to the $79.74 million inflow of ETH ETF on November 7, while Whale Alert data shows that there have been both sell and accumulation operations on ETH in the past 24 hours, making future price trends uncertain.
Today's Solana (SOL) price
Solana rose nearly 5% to $199, with session low and high points of $186 and $201, respectively. Solana's market cap reached $93.72 billion.
According to CoinGape Media, Solana is outperforming Ethereum, and market experts are closely watching the movements of this coin.
Today's XRP price
XRP fell nearly 1%, currently trading at $0.5512, with session low and high points of $0.542 and $0.56, and a market cap of $31.34 billion.
Additionally, with Donald Trump winning the US election, market expectations for the XRP ETF listing have increased.
Meme coin prices today
Dogecoin (DOGE) price fell 0.5% to $0.1953; Shiba Inu (SHIB) rose slightly by 0.09% to $0.000019.
Pepe Coin (PEPE) rose over 3% today to $0.00001091, while Dogwhifhat (WIF) fell 2% to $2.34.
Today's top gaining cryptocurrency prices
Neiro (NEIRO)
As of the time of writing, NEIRO's price skyrocketed nearly 22%, currently trading at $0.002443, with a session low of $0.001959 and a high of $0.002441.
Cardano (ADA)
In the past 24 hours, ADA's price rose nearly 15%, currently trading at $0.4282, with a session low of $0.3665 and a high of $0.4268.
Goat Maximus (GOAT)
GOAT price rose about 10% during the session, currently trading at $0.854, with session low and high points of $0.7422 and $0.8912.
Today's biggest losing cryptocurrency prices
Lido DAO (LDO)
Although LDO rose 8% in the past day, it is currently trading at $1.27, with a 24-hour low of $1.25 and a high of $1.44.
Mog Coin (MOG)
MOG has dropped nearly 5% in the past 24 hours, currently trading at $0.00000211, with a session low of $0.000001926 and a high of $0.000002615.
Kaspa (KAS)
KAS price fell nearly 6% during the session, currently at $0.1131, with a session low of $0.1124 and a high of $0.121.
Overall market trends and outlook
With Trump's victory supporting cryptocurrency, overall market sentiment leans optimistic. Crypto analyst Ali Martinez pointed out that over $2 billion in USDT has been minted and injected into the market, bringing new liquidity to crypto assets. Market observers expect these tokens to rise further in price or remain volatile in the future.
