Highlights Summary:
Despite recent ETF outflows, Bitcoin remains strong at $98,000.
In terms of altcoins, ETH and SOL have performed steadily, while XRP has surged ahead with a 15% increase.
Hedera (HBAR) and Stellar (XLM) have emerged as big winners in this market round, with increases of 25%-55%.
November 23 Crypto Market Update: The overall market trend on Saturday brought a strong bullish sentiment globally. Bitcoin continues to hover around $98,000, while mainstream altcoins like ADA, XRP, and AVAX have surged by 14%-25%. Especially, HBAR and XLM have performed remarkably in the past 24 hours, with increases of 25%-55%.
At the same time, the total market capitalization of the global cryptocurrency market has increased by 1.5% in the past day, now reaching $3.33 trillion. However, the total trading volume has decreased by 12% to $219 billion.
Here is a brief price analysis of some top cryptocurrencies by market capitalization on November 23.
Today's cryptocurrency prices: BTC remains stable, ETH and SOL show no fluctuations, XRP surges by 15%
Today's overall performance of the crypto market is stable, with Bitcoin (BTC) continuing to stay around $98,000, showing little fluctuation in the past 24 hours. Similarly, Ethereum (ETH) and Solana (SOL) prices have not changed significantly. However, XRP has shown remarkable performance, surging 14% in one day, becoming the top gainer. Meanwhile, Dogecoin (DOGE) and Shiba Inu (SHIB) have both increased by 9%, demonstrating a positive trend in the crypto market.
Bitcoin (BTC) today performance
Bitcoin's price remains stable, currently quoted at $98,550, with a 24-hour low and high of $97,222 and $99,655 respectively. Bitcoin's total market capitalization has reached $1.95 trillion, with a daily trading volume of about $76 billion. Despite a net outflow of 22.85 million coins from the BTC ETF, Bitcoin still holds 58.59% market share, firmly securing its leading position in the cryptocurrency market.
Ethereum (ETH) today performance
Ethereum has performed steadily today, with the current price at $3,333, and the day's low and high prices at $3,262 and $3,428 respectively. Over the past week, ETH has accumulated a 7% increase, with a total market capitalization of $400 billion and a daily trading volume of $38 billion. ETH's market share reaches 12%, showing solid performance.
Solana (SOL) today performance
Solana has slightly decreased by 2% in the past 24 hours, with the current price at $255. The low and high for the day are $252 and $263 respectively, showing minor fluctuations. Nevertheless, SOL has accumulated a 17.5% increase over the past week, with a total market capitalization of $121 billion and a daily trading volume of $7 billion, maintaining its position as the fourth largest cryptocurrency in the world.
XRP today performance
XRP has surged by 15% in the past day, with the current price at $1.566. The 24-hour low and high prices are $1.367 and $1.621 respectively, showing notable volatility. Over the past week, XRP has accumulated a 75% increase, and in the past month, it has skyrocketed by 200%, demonstrating outstanding performance. Its current market capitalization is $89 billion, and the daily trading volume is $20 billion, ranking it as the sixth largest cryptocurrency by market cap.
Meme coins today performance
Dogecoin (DOGE) and Shiba Inu (SHIB) have both risen by 9% in the past 24 hours, with DOGE currently priced at $0.42 and SHIB priced at $0.00002698. Both show signs of a warming market.
However, other meme coins like PEPE, BONK, and WIF have decreased by 2% to 8%, reflecting that the volatility in this sector remains high.
The biggest risers in cryptocurrency today
Stellar (XLM)
The current price of Stellar is $0.44, with a remarkable increase of 55% in the past 24 hours. The low and high prices are $0.2766 and $0.4624 respectively, indicating strong volatility and market momentum.
Hedera (HBAR)
The current price of HBAR is $0.1542, having risen 25% within 24 hours. The low and high prices are $0.1275 and $0.1681 respectively, showing a clear upward trend and remarkable market performance.
Cardano (ADA)
ADA has increased by 24%, with the current trading price at $1.09. The lowest and highest prices in the past 24 hours are $0.85 and $1.137 respectively. It is currently ranked ninth by market capitalization and its performance cannot be ignored.
The biggest losers in cryptocurrency today
Peanut the Squirrel (PNUT)
PNUT has dropped 13% in the past 24 hours, with the current trading price at $1.11. The low and high prices are $1.04 and $1.31 respectively, indicating a significant price decline.
Popcat (POPCAT)
POPCAT has dropped 9% today, with the current trading price at $1.43, the lowest price in the past day is $1.415, and the highest price is $1.612, showing an overall weak trend.
Raydium (RAY)
RAY has dropped 8%, with the current price at $5.98. The 24-hour low price is $5.913, and the high price is $6.432, indicating significant short-term market pressure.
Additionally, from an hourly perspective, the market remains bullish on some mainstream cryptocurrencies. Bitcoin (BTC) has slightly risen by 0.4%, Ethereum (ETH) has increased by 0.5%, while Dogecoin (DOGE) has surged by 4%, sparking discussions among traders about future trends.
