Altcoin

BTC Climbs to $91K, HBAR & XTZ Gain 40%

Published

2 months ago

November 19, 2024

Coin2049 Newsletter

Cryptocurrency prices today sees Bitcoin (BTC) rise to the $91K mark, a $1,000 increase from yesterday’s level. Major altcoins like Ethereum (ETH), Solana (SOL), and Ripple (XRP) have shown steady growth of 1-2% over the past 24 hours. The global cryptocurrency market cap has touched $3.08 trillion, marking a 1% increase since yesterday. Meanwhile, the overall market volume surged to $198 billion, reflecting a 28% jump in trading activity.

Hedera (HBAR), Tezos (XTZ), and Akash Network (AKT) emerged as the top gainers, with their prices soaring by 28-40%. The remarkable rise in Akash Network’s price is attributed to its recent listing on Binance Futures, which boosted investor interest and trading volumes.

Here’s a brief collection of some of the top cryptocurrencies by market cap and their price action on November 19.

Cryptocurrency Prices Today: BTC, ETH, SOL, & XRP Witness Gains

The cryptocurrency market today has shown a positive trend, with most of the top 10 coins trading in the green. Bitcoin (BTC) is now at $91K, reflecting the ongoing bullish momentum. This rise comes alongside key discussions, such as Cardano founder Charles Hoskinson and Ripple CTO David Schwartz talked about Midnight’s advanced privacy technology and XRP’s expanding role in blockchain innovation.

Here’s a brief report on the prices of some major coins today.

Bitcoin Price Today

Bitcoin (BTC) has seen a 1.13% increase in price from yesterday, currently trading at $91,416. Over the past 24 hours, its price ranged between a low of $89,393 and a high of $92,596. For the past week, Bitcoin has been trading within a range of $87,000 to $93,000. The market cap for Bitcoin has reached $1.81 trillion, with a 24-hour trading volume of $75 billion.

According to Sosovalue data, spot Bitcoin ETFs saw an inflow of $165 million last day, with data from BlackRock still pending. This surge in demand comes as MicroStrategy plans to upsize its Bitcoin bet, issuing $1.75 billion in convertible senior notes, further solidifying Bitcoin’s role in institutional investment.

Ethereum Price Today

Ethereum (ETH) is up by 1.88%, currently trading at $3,157. The 24-hour low and high for ETH are $3,052 and $3,225, respectively. Its market cap stands at $380 billion, with a trading volume of $36 billion over the past 24 hours.

However, despite the recent price rise, there was a notable outflow of $15 million from spot Ethereum ETFs on the last day, BlackRock flow data looms. On a positive note, Ethereum founder Vitalik Buterin has praised Starknet’s efforts to improve Ethereum’s scalability, further contributing to its long-term growth potential.

Solana Price Today

Solana (SOL) is currently trading at $242, reflecting a 1.26% increase over the last 24 hours. The 24-hour low and high for Solana are $234 and $248, respectively. With a market cap of $115 billion and a 24-hour trading volume of $8.47 billion, Solana remains one of the top 4 cryptocurrencies by market cap globally.

In recent news, it was reported that Pump Fun sold 105,000 SOL tokens at its all-time high price, adding some volatility to the market. Despite this, Solana continues to maintain its strong position among the leading cryptocurrencies, with its robust network and growing ecosystem driving ongoing interest.

XRP Price Today

XRP has also increased by 1% in the last 24 hours, currently trading at $1.13. The 24-hour low and high for XRP are $1.07 and $1.18, respectively. XRP ranks as the 6th largest cryptocurrency by market cap, with a total market value of $64.59 billion and a 24-hour trading volume of $9.14 billion.

As the XRP lawsuit nears its conclusion, market anticipation is growing around the potential launch of an XRP ETF. XRP pro lawyer Jeremy Hogan has shared his timeline for the XRP ETF, fueling further optimism in the market as investors await key developments in the legal case.

Meme Cryptocurrency Prices Today

DOGE price has surged by 1.15% over the last 24 hours, currently trading at $0.3767. The 24-hour low and high for DOGE are $0.3592 and $0.3799, respectively. With a market cap of $55 billion, Dogecoin ranks as the 7th largest cryptocurrency by market cap. The 24-hour trading volume stands at $8 billion.

On the other hand, there has been no significant change in the price of SHIB in the last 24 hours. It is currently trading at $0.00002486, with a 24-hour low and high of $0.00002415 and $0.00002578. SHIB has a market cap of $14.65 billion, and its 24-hour trading volume is $1.22 billion.

Top Cryptocurrency Gainers Prices Today

Hedera

Hedera (HBAR) has seen an impressive 40% increase, currently trading at $0.1496. The 24-hour low and high for HBAR are $0.1053 and $0.1566, respectively. The market cap stands at $5.67 billion, reflecting strong momentum in its recent price surge. Former Binance CEO and board member of the Hedera Foundation Brian Brooks named among the potential SEC Chair list boosted the prices.

Tezos

Tezos is up by 38%, trading at $1.17. The 24-hour low and high for XTZ are $0.8236 and $1.342, respectively. With a market cap of $1.13 billion, Tezos has gained significant attention in the past 24 hours.

Akash Network

Akash Network has experienced a 28% rise, currently trading at $4.33. The 24-hour low and high for AKT are $3.339 and $4.713. The market cap of Akash Network is $1.08 billion, with strong trading activity boosting its recent price jump.

Top Cryptocurrency Losers Prices Today

Goatseus Maximus

Goatseus Maximus (GOAT) is currently trading at $1.07, reflecting an 11.51% decrease over the past 24 hours. Its 24-hour low and high are $1.0040 and $1.233, respectively, showing some volatility in its recent price action.

MANTRA

MANTRA (OM) is currently trading at $3.876, experiencing a 9% decrease in the last 24 hours. The 24-hour low and high for OM are $3.677 and $4.469, indicating a decline in price from its recent peak.

Peanut the Squirrel

Peanut the Squirrel (PNUT) is down by 8.67%, currently trading at $1.59. The 24-hour low and high for PNUT are $1.53 and $1.78, reflecting a slight decline in its price over the past day.

Moreover, Bitcoin (BTC) is showing strong and positive momentum in the hourly time frame, indicating sustained bullish activity. On the other hand, Ethereum (ETH) moving flat slightly further in the hourly time frame, with altcoins witnessing volatility despite its overall positive trend in the market.