Highlights
The cryptocurrency market has indeed been full of volatility recently, especially Bitcoin and top altcoins have been facing more pronounced volatility.
But it’s worth noting that XRP and DOGE have been performing quite strongly lately, especially with the recent market trends, both of which have surged quite a bit.
Currently, meme coins have once again become the focus of the market, especially driven by the mirror effect, they have attracted a lot of attention.
Bitcoin (BTC) remains around $87,000 today, while Ethereum (ETH) and Solana (SOL) prices are hovering in the low zone. Overall, the global cryptocurrency market value fell 0.52% today, falling back to $2.93 trillion, but compared with the previous day, the market value still rose 6.52% to $318.44 billion.
It is worth mentioning that the prices of XRP and Dogecoin (DOGE) have increased significantly in recent market movements, which has also brought some new opportunities to the market. Next, let’s take a deeper look at these leading cryptocurrencies by market capitalization and see their price dynamics on November 13.
Today’s Crypto Market: Altcoins Outperform Amid Turbulence
Judging from the price charts of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), the crypto market is volatile today. However, Ripple (XRP) has seen a particularly impressive increase today. Meanwhile, Dogecoin (DOGE) has also seen another wave of gains due to the support of Musk and Vivek Ramaswamy in the Trump cabinet.
Here is a quick summary of the market conditions for major cryptocurrencies today:
Bitcoin (BTC) Price
As of press time, the price of Bitcoin has fallen by about 0.5% and is currently trading around $87,469. Today's low and high prices are $85,155 and $89,915 respectively. Bitcoin's market capitalization has reached $1.73 trillion, and its market share has also risen slightly to 59.45%.
Recently, the optimism in the Bitcoin market has been driven by the strong inflow of funds into the spot BTC ETF, and the active participation of institutions such as BlackRock has brought confidence to the market. At the same time, the exposure of Trump's Bitcoin holdings has also made cryptocurrencies the focus again.
Ethereum (ETH) Price
Ethereum has fallen by about 3% in the past 24 hours and is currently trading at $3,231. The lowest and highest prices in the past 24 hours were $3,211 and $3,444, respectively. Ethereum’s market capitalization is $388.92 billion. Despite the price decline, institutional demand for Ethereum remains strong.
In addition, the improvement plan recently proposed by Ethereum co-founder Vitalik Buterin has also brought some positive sentiment to the market.
Solana (SOL) Price
Solana’s price has increased by nearly 8% in the past day and is currently trading at $202. SOL’s lowest and highest prices were $204.64 and $225.01 respectively, with a market capitalization of $96.03 billion.
SOL's fluctuations are in sync with the overall market volatility. The recent sentiment towards SOL is also relatively optimistic, with some analysts predicting that the token's target price may reach $600.
Ripple (XRP) Price
XRP has surged by nearly 11% in the past 24 hours and is now priced at $0.6712. In the past 24 hours, XRP's lowest and highest prices were $0.5991 and $0.7314, respectively, with a market value of $38.21 billion. As XRP's market value approaches $40 billion, the market generally predicts that its target price may rise to $1.2.
Meme coin performance
Dogecoin (DOGE) is up nearly 4% today and is currently trading at $0.3778, while Shiba Inu (SHIB) is down nearly 9% and is currently trading at $0.00002477.
Other meme coins such as PEPE, BONK and FLOKI saw increases of 4%-30%, and the market performance was quite active.
The cryptocurrencies with the highest gains today
BONK The price of BONK has surged by 30% in the past 24 hours and is currently trading at $0.00003397. Today’s lowest price and highest price were $0.00002605 and $0.00003965 respectively. The increase was significant and attracted a lot of attention.
Stellar (XLM) XLM price rose by 14% and is currently priced at $0.1301. The lowest price during the session was $0.1144 and the highest price was $0.141, showing active market performance.
FLOKI’s price has risen by about 8% in the past 24 hours and is currently trading at $0.0001969. Today’s lowest and highest prices were $0.0001808 and $0.0002204 respectively, continuing to attract investors’ attention.
The cryptocurrencies with the biggest drop today
The price of Artificial Intelligence Super League (FET) FET has fallen by 21% in the past day and is currently at $1.29. The lowest and highest prices during the session were $1.27 and $1.64, respectively, which was a relatively weak performance.
The price of Worldcoin (WLD) has fallen by 15% and is currently trading at $2.28. The lowest price in 24 hours was $2.25 and the highest price was $2.48. The market sentiment is relatively depressed.
Uniswap (UNI) UNI price has fallen by 11% in the past day and is now priced at $8.66. The 24-hour lowest and highest prices of the coin were $8.55 and $9.85 respectively, with large fluctuations.
In addition, BTC and ETH continued to fall on the hourly chart, and the market was slightly concerned about the trend of cryptocurrency prices today. However, considering that the U.S. House of Representatives supports cryptocurrency, the industry still maintains a certain hope and is expected to rebound in the future.
