Today's highlights
Bitcoin (BTC) is beginning to show signs of recovery after falling below $96,000, gradually restoring some market confidence.
The overall market remained under downward pressure, with Ethereum (ETH) falling nearly 3%.
The Sandbox (SAND) and Decentraland (MANA) performed well and became the star assets today: SAND soared 70% and MANA rose 30%.
Due to the weak price trend of Bitcoin and mainstream altcoins, the crypto market has once again attracted the attention and discussion of global investors. The strong performance of SAND and MANA is eye-catching, and the overall market correction may be closely related to the decline of Bitcoin.
Currently, the total market value of global cryptocurrencies has fallen by 2% to about $3.3 trillion, and the total trading volume has decreased by 5% to $200 billion. The crypto market sentiment index has also dropped from 94 (extreme greed) last week to 82, but still shows a high level of greed.
Here’s an overview of the top cryptocurrencies by market cap and their market performance on November 25:
Today’s Crypto Market: BTC, ETH, SOL and XRP All Fall
Today, the price of Bitcoin (BTC) fell sharply, hitting $96,000 at one point. At the same time, Ethereum (ETH), Solana (SOL) and Ripple (XRP) also continued their downward trend. In contrast, SAND and MANA became the few currencies that rose against the trend.
Bitcoin price today
BTC has fallen by more than 1% in the past 24 hours and is currently trading at $97,601. The lowest price was $95,788 and the highest price was $98,546. The total market value of Bitcoin is about $1.93 trillion, and the 24-hour trading volume reached $52 billion, accounting for 58.16% of the market dominance.
Veteran trader Peter Brandt predicted that although the long-term outlook remains optimistic, BTC may continue to be sold off in the short term, which has also sparked heated discussions in the market.
Ethereum price today
ETH price fell nearly 3% today, currently at $3,344. The 24-hour low was $3,288 and the high was $3,435. Ethereum's market value is about $402 billion, with a 24-hour trading volume of $28 billion, accounting for 12% of the market share, ranking second in market value.
Solana Price Today
SOL price fell nearly 4% today, and the current trading price is $250. The lowest price in 24 hours is $243, and the highest price is $259. The market value is about $118 billion, and the 24-hour trading volume is $5.33 billion, accounting for 3.58% of the market, ranking fourth in market value.
Ripple price today
XRP fell 7% today, and the current price is $1.38. The lowest price in 24 hours is $1.30, and the highest price is $1.49. XRP's market value is about $78 billion, with a 24-hour trading volume of $12 billion, accounting for 2.4% of the market share, ranking sixth in market value. In addition, Ripple officially announced a strategic blueprint, striving to take the initiative in the struggle with Gary Gensler's encryption policy.
Meme coin performance
DOGE: It has fallen nearly 6% in the past 24 hours and is currently priced at $0.4199. The lowest price is $0.40 and the highest price is $0.44. The total market value is $61 billion and the 24-hour trading volume is $11.4 billion.
SHIB: The current price is $0.00002529, down 7% in the past 24 hours, with a minimum price of $0.00002441 and a maximum price of $0.00002714. The total market value is approximately $15 billion, and the 24-hour trading volume is $1.9 billion.
In addition, PEPE, BONK and FLOKI were not spared, falling by 6%-12% amid the massive market liquidation.
The strongest performing coins in the cryptocurrency market today
Sandbox (SAND)
In the past 24 hours, SAND’s price has skyrocketed by 70% and is currently trading at $0.83. Its lowest price was $0.51 and its highest price reached $0.84. The trading volume has also skyrocketed by 650%, showing that the market demand is very high.
Decentraland (MANA)
MANA is currently trading at $0.75, having gained 30% in the past day. Its lowest price was $0.5592 and its highest was $0.7574.
Infinite Axis (AXS)
AXS is trading at $8.50, up 16% in the past 24 hours. Its lowest price was $7.187 and its highest was $8.909.
The cryptocurrencies with the biggest drop today
Stellar (XLM)
XLM is currently trading at $0.52, down 16% in the past 24 hours. Its lowest price was $0.44 and its highest was $0.58.
Algorand (ALGO)
ALGO is trading at $0.27, down 11% over the past day. Its lowest price was $0.2568 and its highest was $0.3262.
Hedera helix (HBAR)
HBAR has fallen by 10% and is currently trading at $0.1412. Its lowest price was $0.1365 and its highest price was $0.1547. The trading volume has also decreased by 50%.
In addition to the fluctuations on the hourly chart, overall, BTC and ETH are gradually recovering, showing that the market is regaining vitality. The price of SAND continues to rise, and the market is bullish overall. For investors, there may be more opportunities in the next few days.
