Altcoin
BTC AT $97K, XRP Rises 7%, ALGO Surges 23%
The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements. Ethereum (ETH) and Solana (SOL) prices gained 1-2%, reflecting positive market momentum. However, XRP soared 7% within the last 24 hours. Algorand (ALGO) emerged as the top gainer today jumping 25% over the past 24 hours.
The global crypto market cap increased by 1% from the previous day, reaching $3.32 trillion. However, overall trading volume declined significantly, down 24% to $153 billion over the past 24 hours. Here’s a quick snapshot of the top cryptocurrencies by market capitalization and their price movements today, November 29.
Crypto Prices Today: BTC Hits $97K, ETH and SOL Dip, XRP Surges 7% Amid Legal Win
Bitcoin (BTC) continues to trade at $97K, sparking global market optimism. Over the past week, BTC has moved within a stable range of $90K to $99K, showing strong support levels. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) see slight gains, signaling renewed market interest. XRP stood out with a 7% surge driven by positive legal developments.
Bitcoin Price Today
Bitcoin (BTC) price is trading at $96,700, up 1% over the last 24 hours, with a low of $94,677 and a high of $97,000. BTC’s market cap stands at $1.91 trillion, while 24-hour trading volume reached $50 billion, reflecting its market dominance of 57.08%.
Additionally, Bitcoin adoption continues to grow globally. Switzerland’s Canton Bern has passed a bill to explore Bitcoin mining’s impacts. This bipartisan initiative, months in the making, solidifies Switzerland’s position as a leading crypto-friendly region in the EU.
Ethereum Price Today
Ethereum (ETH) price is trading at $3,583, down 1% in the past 24 hours, with a low of $3,531 and a high of $3,642. Its market cap stands at $431 billion, supported by a trading volume of $31 billion, and a market dominance of 12.9%, securing its position as the second-largest cryptocurrency by market cap. Analysts predict ETH price could reach $4,000 soon, driven by Bitcoin’s consolidation or potential climb higher.
Solana Price Today
Solana (SOL) price is trading at $241, up 1% over the last day, with a 24-hour low of $233 and a high of $242. Its market cap stands at $115 billion, with a trading volume of $3.81 billion, giving it a market dominance of 3.43%. As the fourth-largest cryptocurrency by market cap, Solana continues to strengthen its position in the evolving market. Keep watching crypto prices today for the latest updates.
XRP Price Today
XRP price today surged 7% in the last 24 hours, driven by a favorable court order for Ripple in the ongoing lawsuit. The U.S. court has expedited the judgment process, fueling optimism for a massive XRP rally. Currently, XRP is trading at $1.56, with a 24-hour low of $1.43 and a high of $1.57. It boasts a market cap of $89 billion and a trading volume of $6 billion, holding a market dominance of 2.66% as the 6th largest cryptocurrency globally. Stay tuned for crypto prices today as the XRP rally unfolds.
Meme Coins Performance Today
Meme coins are also experiencing bullish momentum today, with Dogecoin (DOGE) up by 1%, currently trading at $0.40, with a 24-hour low of $0.39 and a high of $0.41. Similarly, Shiba Inu (SHIB) has gained 2% in the past 24 hours, now trading at $0.00002589. As Bitcoin nears $100K, many are closely watching the price prediction of Shiba Inu.
Other top meme coins, including PEPE, BONK, and WIF, have also shown a 3-4% increase in the last 24 hours. Keep an eye on crypto prices today as the market continues to move.
Top Crypto Gainer Prices Today
Algorand
Algorand’s (ALGO) price is trading at $0.35, marking a 25% gain in the last 24 hours, making it the top gainer during this period. Its 24-hour low and high are $0.28 and $0.35, respectively.
Worldcoin
Worldcoin (WLD) price is trading at $2.80, up by 15% in the last 24 hours, with a 24-hour low of $2.48 and a high of $3.05. Analysts are noting that WLD price will rally, supported by strong technical indicators and increasing trading volume. These factors suggest that Worldcoin may be positioned for continued upward momentum in the coming days.
Top Crypto Loser Prices Today
Ethena
Ethena (ENA) price has seen a 5% decline in the last 24 hours, now trading at $0.71. Its 24-hour low and high are $0.6853 and $0.7601, respectively.
Fantom
Fantom (FTM) price has been one of the worst performers in the last 24 hours, down by 5%. It is currently trading at $0.102, with a 24-hour low of $0.98 and a high of $1.1032.
The hourly chart looks bullish, with most major altcoins in the green, indicating positive momentum across the market. Algorand (ALGO) continues its upward movement, with prices continuing to rise. Overall, the crypto prices today have strong bullish signs, which could be a positive signal for investors looking for growth in the coming days.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Binance has announced the delisting of USD-M perpetual contracts for NEM (XEM), Orbs (ORBS), and Loom Network (LOOM). The delisting affects traders who actively engage in derivatives markets for these assets. Binance advises users to manage their open positions to avoid automatic settlements during the process. Following the announcement, the prices of these tokens have dropped by 5% to 7%, reflecting market concerns.
Binance Announces Delisting of XEM, ORBS and LOOM Perpetual Contracts
Binance has reported the delisting of USD-M perpetual contracts for XEM, ORBS, and LOOM tokens. The delisting process will involve automatic settlements at 09:00 (UTC) on December 9. This step is part of the platform’s periodic review of products to ensure optimal performance and mitigate risks for its users.
Starting December 9, at 08:30 (UTC), traders will no longer be able to open new positions in these contracts. Any open positions must be closed before the delisting time to avoid automatic settlements. Failure to do so will result in its Funding Rate Arbitrage Bot closing all arbitrage strategies tied to these pairs.
The exchange has also outlined potential protective measures for volatile market conditions. These measures include adjustments to leverage limits, position values, and margin tiers, as well as changes to funding rates and price index components. Users are urged to remain cautious and follow updates to avoid disruptions.
This announcement reflects Binance’s proactive approach to maintaining platform integrity and safeguarding users against volatile market risks. As one of the top crypto exchanges, Binance continues to adapt its offerings to meet evolving market demands.
Price Movements and Volume Trends Amid Delisting
Following Binance’s delisting announcement, the affected cryptocurrencies have experienced notable price declines. NEM (XEM) price has dropped by 7% and is currently trading at $0.026, with a 24-hour low of $0.02527 and a high of $0.02828.
Orbs (ORBS) price has seen a 6% dip, trading at $0.03301. Its 24-hour low and high stand at $0.03177 and $0.0355, respectively. Loom Network (LOOM) is down by 4%, trading at $0.07367 at the time of writing.
Binance regularly conducts reviews to ensure asset compliance, often delisting tokens as part of these checks. However, prices tend to crash following such announcements, as seen with IDRT, KP3R, OOKI, and UNFI in November.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Just as Ethereum price has been showing strength above $3,500 levels, selling by Ethereum whales picked up once again. The heavy ETH offloading to exchanges by whales has caught investors’ attention on whether the profit-booking begins even before reaching $4,000. Notably, Ethereum co-founder Jeffrey Wilcke also dumped a staggering 20,000 ETH worth $72.5 million.
Ethereum Price Breakout to $4000 Faces Headwinds
Popular crypto analyst Rekt Capital shows the latest ETH attempt to breach the crucial $3,700 resistance. The analyst added that Ethereum price needs a strong weekly close above this level to confirm a breakout. Only after this, ETH Price rally to $4,000 and beyond can continue.
Rekt Capital described the recent ETH price action as a “picture-perfect rejection” from the resistance, emphasizing that Ethereum is not ready to break out just yet.
Another popular analyst CrediBULL Crypto points out a critical resistance level in the ETH/BTC pairing. With the recent upward momentum, this pair is approaching the first “trouble area”. The analyst suggests that a rejection at this point, coupled with a potential 10% correction in Bitcoin, could push Ethereum price toward a significant buy zone between $2,700 and $2,800.
While long-term spot holders may opt to hold through this short-term volatility, CrediBULL emphasizes that traders should watch the $2,700-$2,800 range closely for potential entry opportunities.
One thing that brings some optimism is the rise of ETH’s funding rates. Funding rates, a crucial indicator of sentiment in the futures market, have seen a notable rise in recent weeks. This uptick signals growing bullish momentum among traders and investors as Ethereum’s price continues its upward trajectory.
ETH Whale Dumping on the Rise
Ethereum co-founder Jeffrey Wilcke made headlines today after transferring 20,000 ETH, valued at $72.5 million, to the Kraken exchange. The move coincided with an Ethereum price rally above $3,500.
This is the fourth major ETH transfer by the Ethereum co-founder this year in 2024. So far he has offloaded 44,300 ETH, worth approximately $148 million, at an average price of $3,342 per token. On the other hand, Ethereum co-founder Vitalik Buterin has been selling meme coins off-lately.
Furthermore, Spot on Chain reported that another significant Ethereum sale has been reported as Winslow Strong, director of the Qualia Research Institute, transferred 9,380 ETH, worth $33.7 million, to Coinbase just two hours ago.
This move follows a broader trend of liquidation by Strong, who has sold a total of 14,233 ETH, worth $48.8 million, since ETH price began its recovery in early November.
As of press time, ETH price is trading 1.27% down at $3,570 with a 32% drop in daily trading volumes moving under $30 billion. As per the Coinglass data, the 24-hour liquidation has shot up to $32 million, with $19 million in long liquidation and $13 million in short liquidation.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin.
The Dogecoin Price If It Fails To Stay above $0.4
The Dogecoin price has been stuck in a consolidation phase after experiencing double-digit gains this month. Earlier in November, Dogecoin rose from around $0.2 to over $0.4, driven by increased demand fueled by the post-election bullish sentiment.
While many expected Dogecoin to easily surpass the $0.4 price mark and reach new all-time highs, the popular meme coin has unfortunately been stuck in this crucial area, often testing this resistance to attempt a breakout. Given its current struggle around this level, crypto analyst Ali Martinez has revealed in an X (formerly Twitter) post the bearish scenario that could follow if Dogecoin fails to clear the above-mentioned resistance.
Martinez disclosed that the $0.4 mark was a critical threshold for Dogecoin, which could lead to its next price rally or crash. The analyst noted that a sustained break above this crucial level would send the Dogecoin price to $0.43, providing more room and fewer barriers for a potential rally.
On the other hand, if Dogecoin fails to clear the $0.4 resistance level, Martinez has predicted that this could trigger a significant price dip to the $0.36 mark. The analyst emphasized that Dogecoin could even see its price plummeting to $0.34, marking new lows.
In November, Dogecoin rallied as high as $0.48, marking impressive gains in this bull cycle. While its price has corrected over the past few weeks, many analysts, including Martinez, remain optimistic about the meme coin’s bullish potential. The analyst previously projected a massive 120% increase to $0.82 for Dogecoin this cycle.
Analyst Says $1 Surge Is Coming
The Dogecoin price is currently trading at $0.4, marking a 3.33% increase in the last 24 hours. As the meme coin continues to retest this crucial resistance level, a crypto analyst, Ash Crypto, has projected that Dogecoin is gearing up for a massive pump in this cycle.
The analyst shared a chart showing Dogecoin’s price at $0.47, underscoring that the meme coin is steadily closing in on the $0.5 mark. Based on its current bullish price movements, Ash Crypto predicts that Dogecoin could reach the $1 milestone soon.
On the other hand, crypto analyst DonAlt has maintained a more bearish position for the Dogecoin price. He revealed that the Dogecoin chart is “clearly” showing bearish action, suggesting that buying in now could be at a disadvantage. He also indicated that Dogecoin must reclaim the $0.4 mark on a closing basis before it can see any substantial growth.
Featured image created with Dall.E, chart from Tradingview.com
Binance Futures To Delist These Crypto Perpetual Contracts
US Bitcoin Spot ETFs Achieve All-Time High Inflows of $6.2 Billion
Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
Ethereum Price Surge to $4,000 Delayed After ETH Whale Dump?
XRP Price Targets $1.60 Breakout: Is The Bull Run Back?
Bitcoin and Ethereum Options Expiring — What to Expect
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Market11 hours agoThe next Pepe with a potential for 1,000% gains
-
NFT23 hours agoBitBasel + VESA
-
Market16 hours agoHidden Altcoins Gems For December
-
Market9 hours agoThe Biggest Names in Blockchain in 2024 Revealed
-
Market17 hours agoCan Shiba Inu Coin Holders Push SHIB Price Higher?
-
Altcoin17 hours agoIs Altcoin Season Here? Analysts Share Key Insights
-
Market15 hours ago$1.7 Million Stolen, User Withdrawals Suspended
-
Altcoin15 hours agoHow High Can Shiba Inu Price Climb If Bitcoin Hits $100,000?
✓ Share: