The cryptocurrency market at present continues on an upward trajectory, reflecting sturdy bullish sentiment. Bitcoin (BTC) worth surged previous $96,000 prior to now 24 hours. Ethereum (ETH) worth gained 9%, showcasing strong market confidence. Additionally, Ethereum Name Service (ENS) emerged as the highest gainer, skyrocketing by 50%.
Altcoins like Solana (SOL) and XRP recorded notable positive factors, contributing to the general optimistic momentum out there. The world cryptocurrency market cap elevated by 4%, reaching $3.32 trillion, signaling regular progress regardless of a 9% decline in complete market quantity, which stood at $201 billion.
Trading exercise on high crypto exchanges slowed, reflecting cautious investor habits regardless of the value rallies. As the cryptocurrency market at present stays in focus, let’s dive deeper into the efficiency of top cryptocurrencies by market cap and their worth actions this November 28.
Cryptocurrency Market Today (November 28): BTC, ETH, SOL, & XRP Maintain Gains
The cryptocurrency market at present seems to be making strides in restoration after yesterday’s combined efficiency. Bitcoin (BTC) held regular above $94,000, signaling resilience, whereas main altcoins like Ethereum (ETH), Solana (SOL), and XRP continued their upward momentum.
Meme cash additionally joined the rally, displaying positive factors of 4% to six%, indicating elevated investor curiosity throughout numerous asset classes. Despite the cautious optimism, buying and selling volumes on top crypto exchanges remained average, reflecting selective participation.
Bitcoin Price Today
Bitcoin (BTC) worth gained 3% prior to now 24 hours, buying and selling at $94,945. The coin’s intraday high and low had been recorded at $92,337 and $97,361, respectively. BTC at present holds a market cap of $1.88 trillion and a 24-hour buying and selling quantity of $70 billion. With a market dominance of 57%, Bitcoin stays the highest cryptocurrency by market cap.
As sosovalue reported a modest BTC ETF influx of $103 million, signaling regular institutional curiosity. Investors are carefully awaiting additional insights into market sentiment. This rising demand highlights Bitcoin’s continued significance in institutional portfolios.
On the regulatory entrance, Chris Giancarlo addressed the strategic Bitcoin reserve proposal. He additionally mentioned attainable cryptocurrency insurance policies underneath the Donald Trump administration, hinting at vital regulatory shifts. These developments might form the way forward for the cryptocurrency market at present and past.
Ethereum Price Today
Ethereum (ETH) price noticed a big 9% surge prior to now 24 hours, changing into the highest gainer among the many high 10 cryptocurrencies by market cap at present. ETH is at present buying and selling at $3,586, with its intraday high and low recorded at $3,358 and $3,687, respectively. Ethereum’s market cap stands at $430 billion, supported by a 24-hour buying and selling quantity of $44 billion.
Ethereum ETF influx of $90 million, as reported by sosovalue, displays sturdy institutional curiosity. Additionally, Ethereum co-founder Vitalik Buterin sold free meme coins he acquired and donated the proceeds to a crypto advocacy initiative, supporting blockchain expertise and moral cryptocurrency use.
Solana Price Today
Solana (SOL) worth noticed a 4% worth improve prior to now 24 hours, at present buying and selling at $239. The coin’s intraday high and low had been $228 and $245, respectively. With a market cap of $113 billion and a 24-hour buying and selling quantity of $5 billion, Solana stays the fourth-largest cryptocurrency by market cap.
SOL reached a brand new all-time excessive (ATH) of $263.83, surpassing its earlier peak and reinforcing its upward momentum. This milestone has sparked hypothesis amongst crypto analysts about Solana potentially hitting $500 by the tip of the 12 months. As the cryptocurrency market at present stays optimistic, Solana’s efficiency continues to draw vital consideration from buyers and analysts alike.
XRP Price Today
XRP price noticed a 7% improve over the previous 24 hours, at present buying and selling at $1.46. The coin’s intraday high and low had been recorded at $1.357 and $1.518, respectively. XRP holds a market cap of $84 billion and witnessed a 24-hour buying and selling quantity of $8 billion, sustaining its sturdy place within the cryptocurrency market at present.
In regulatory information, Pro-XRP lawyer John Deaton has endorsed Paul Atkins for the function of SEC Chair. Deaton is asking for reforms to deal with allegations of overreach and unethical practices underneath Gary Gensler’s management. As the cryptocurrency market at present watches carefully, XRP’s efficiency and related regulatory developments stay pivotal for buyers.
Meme Coins Prices Today
Dogecoin (DOGE) worth skilled a 6% improve, reaching $0.40. The rise continues to focus on DOGE’s dominance within the meme coin house. Similarly, Shiba Inu (SHIB) worth gained practically 5%, buying and selling at $0.00002575. These meme cash are seeing renewed curiosity as retail buyers gas the momentum.
In addition, different top meme coins like PEPE, BONK, and WIF additionally recorded vital positive factors, starting from 4% to eight%. This surge in meme coin values is contributing to an total optimistic sentiment within the cryptocurrency market at present, as merchants proceed to capitalize on these quickly shifting property.
Top Crypto Gainers Prices Today
Ethereum Name Service
The worth of Ethereum Name Service (ENS) surged practically 50% prior to now 24 hours, reaching $34. Its intraday high and low had been recorded at $23.21 and $33.44, respectively. This spectacular worth motion highlights the rising curiosity in ENS and its utility throughout the blockchain ecosystem.
Ethereum Name Service is an open naming system designed to fulfill the increasing wants of customers within the cryptocurrency house. The major aim of ENS is to translate machine-readable identifiers, equivalent to content material hashes, cryptocurrency addresses, and cryptographic metadata, into human-readable names.
Ethena
ENA worth skilled a big 22% surge in worth, at present buying and selling at $0.74. The coin’s intraday high and low had been recorded at $0.60 and $0.76, respectively, indicating sturdy worth motion. This uptick highlights the rising curiosity and optimistic sentiment surrounding ENA within the cryptocurrency market at present.
Top Crypto Losers Prices Today
Algorand
Algorand turned the worst performer within the final 24 hours, with a 5% drop in its worth. Currently buying and selling at $0.286, the coin’s intraday high and low had been $0.2843 and $0.3077, respectively. Despite the current decline, ALGO’s market exercise stays carefully watched by analysts.
Interestingly, analysts predict that Algorand will outperform Bitcoin’s growth within the close to time period, suggesting a possible rebound and future positive factors. As the cryptocurrency market at present experiences diverse efficiency, buyers are conserving a detailed eye on ALGO’s subsequent strikes.
MANTRA
MANTRA (OM) worth noticed a 4% lower over the previous 24 hours, at present buying and selling at $3.43. The coin’s intraday high and low had been recorded at $3.424 and $3.755, respectively. Despite this decline, the broader cryptocurrency market is displaying indicators of power and stability.
On the hourly timeframe, main cryptocurrencies are displaying bullish momentum, with some top altcoins up by 1% within the final hour on the time of writing. This means that whereas particular person cash like MANTRA face short-term challenges, the general market sentiment stays optimistic.
Disclaimer: The introduced content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.