Highlights Summary:
Despite recent ETF outflows, Bitcoin remains solidly at $98,000, performing quite strongly.
In terms of altcoins, ETH and SOL performed steadily, while XRP surged ahead with a 15% increase.
Hedera (HBAR) and Stellar (XLM) have emerged as the big winners in this market round, with increases of 25%-55%.
November 23 Crypto Market Brief: The overall market trend this Saturday has brought strong bullish sentiment globally. Bitcoin continues to hover around $98,000, while mainstream altcoins like ADA, XRP, and AVAX have surged by 14%-25%. Notably, HBAR and XLM have performed brilliantly in the past 24 hours, with increases of 25%-55%.
Meanwhile, the global crypto market's total market cap grew by 1.5% in the past day, now reaching $3.33 trillion. However, total trading volume decreased by 12%, currently at $219 billion.
Below is a brief price analysis of some of the top cryptocurrencies by market cap on November 23.
Today's cryptocurrency prices: BTC stable, ETH and SOL unchanged, XRP surged 15%
Today's overall performance in the crypto market is stable, with Bitcoin (BTC) continuing to maintain around $98,000, showing little fluctuation in the past 24 hours. Similarly, Ethereum (ETH) and Solana (SOL) have not shown significant changes in price. However, XRP performed outstandingly, surging 14% in a day to become the leading coin. Meanwhile, Dogecoin (DOGE) and Shiba Inu (SHIB) have also increased by 9%, reflecting a positive trend in the crypto market.
Bitcoin (BTC) performance today
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 cap has reached $1.95 trillion, with a daily trading volume of approximately $76 billion. Despite a net outflow of 22.85 million coins from BTC ETFs, Bitcoin still holds a 58.59% market share, firmly maintaining its leading position in the cryptocurrency space.
Ethereum (ETH) performance today
Ethereum has performed steadily today, currently priced at $3,333, with a daily low and high of $3,262 and $3,428, respectively. Over the past week, ETH has accumulated a 7% increase, with a current total market cap of $400 billion and a daily trading volume of $38 billion. ETH's market share has reached 12%, demonstrating solid performance.
Solana (SOL) performance today
Solana has slightly decreased by 2% in the past 24 hours, currently priced at $255. The daily low and high were $252 and $263, respectively, showing little fluctuation. Nevertheless, SOL has accumulated a 17.5% increase over the past week, with a total market cap of $121 billion and a daily trading volume of $7 billion, maintaining its position as the fourth largest cryptocurrency globally.
XRP performance today
XRP has surged 15% in the past day, currently priced at $1.566. The lowest and highest prices in the last 24 hours were $1.367 and $1.621, showing significant volatility. Over the past week, XRP has accumulated a 75% increase, and it has skyrocketed 200% in the past month, performing exceptionally well. The current market cap is $89 billion, with a daily trading volume of $20 billion, ranking it as the sixth largest cryptocurrency by market cap.
Meme coins performance today
Dogecoin (DOGE) and Shiba Inu (SHIB) both increased by 9% in the past 24 hours, with DOGE currently quoted at $0.42 and SHIB priced at $0.00002698. Both show signs of a warming market.
However, other meme coins such as PEPE, BONK, and WIF have seen prices drop by 2% to 8%, reflecting the high volatility in this sector.
The cryptocurrency with the largest increase today
Stellar (XLM)
Stellar's current price is $0.44, with an astonishing increase of 55% over the past 24 hours. The lowest and highest prices were $0.2766 and $0.4624, showing strong volatility and market momentum.
Hedera (HBAR)
HBAR's current price is $0.1542, having increased by 25% in the last 24 hours. The lowest and highest prices were $0.1275 and $0.1681, respectively, showing a clear upward trend and strong market performance.
Cardano (ADA)
ADA's increase reached 24%, currently trading at $1.09. The lowest price in the past 24 hours was $0.85, and the highest price was $1.137. It currently ranks ninth by market cap, making its performance noteworthy.
The biggest drop in cryptocurrencies today
Peanut the Squirrel (PNUT)
PNUT has dropped 13% in the past 24 hours, currently trading at $1.11. The lowest and highest prices were $1.04 and $1.31, showing a notable price decline.
Popcat (POPCAT)
POPCAT dropped 9% today, currently trading at $1.43, with a lowest price of $1.415 and a highest price of $1.612 in the past day, showing an overall weak trend.
Raydium (RAY)
RAY dropped 8%, now priced at $5.98. The lowest price in 24 hours was $5.913, and the highest was $6.432, indicating clear pressure in the short term.
Additionally, from an hourly perspective, the market remains bullish on some mainstream coins. Bitcoin (BTC) rose slightly by 0.4%, Ethereum (ETH) increased by 0.5%, while Dogecoin (DOGE) surged by 4%, sparking traders' discussions on future trends.
