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BTC Holds $96K, XRP Climbs 17%, ENS Surges 27%
Cryptocurrency Prices Today, November 30: The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges. XRP emerged as the fastest gainer among the top 10 cryptocurrencies, surging by 17% in the last 24 hours and climbing to become the fifth-largest cryptocurrency by market cap. ENS token outperformed as the top gainer, recording a remarkable 27% jump.
The global crypto market cap rose by 1% over the past 24 hours, reaching $3.38 trillion. Meanwhile, total trading volume increased by 11%, now at $170 billion. The Fear and Greed Index currently sits at 82/100, indicating extreme greed in market sentiment. Let’s explore the price movements of top cryptocurrencies by market cap on November 30.
Cryptocurrency Prices Today: BTC, ETH, SOL Trade Steady, XRP Jumps 17%
Today cryptocurrency prices exhibit mixed trends. BTC continues trading between the $95K to $98K range, striving to breach the $100K mark. Solana and Ethereum also remain range-bound, reflecting a steady market. Top meme coins like DOGE and SHIB display mixed performances. Meanwhile, XRP leads the top 10 cryptocurrencies, emerging as the highest percentage gainer.
Bitcoin Price Today
Bitcoin (BTC) price has traded flat over the past 24 hours, currently at $96,660. Its 24-hour low and high stand at $95,614 and $98,693, respectively, reflecting its consistent range-bound movement in recent days.
The cryptocurrency boasts a market cap of $1.91 trillion and a 24-hour trading volume of $54 billion. BTC’s market dominance has slightly dropped to 56.56%, indicating some shifts in market dynamics.
Additionally, Rich Dad Poor Dad author Robert Kiyosaki has forecasted that Bitcoin will soon surpass $100,000. He emphasized that such a surge could make it increasingly difficult for the middle class to invest in Bitcoin.
Ethereum Price Today
Ethereum (ETH) price is trading at $3,631, reflecting a 1% increase in the past 24 hours. Its 24-hour low and high stand at $3,538 and $3,648, respectively, indicating relatively stable price action.
With a market cap of $437 billion and a 24-hour trading volume of $29 billion, ETH remains the second-largest cryptocurrency. Its market dominance is at 12.93%, showcasing its continued importance in the cryptocurrency market.
Moreover, the Ethereum Foundation has invested a substantial investment into zkVM (zero-knowledge virtual machine) technology. This move underscores its dedication to advancing blockchain scalability and innovation.
Solana Price Today
Solana (SOL) price is trading at $241, reflecting flat movement over the last 24 hours. Its 24-hour low and high are $237 and $246, respectively, showing the coin’s persistent range-bound behavior for over two weeks.
With a market cap of $114 billion and a 24-hour trading volume of $4 billion, SOL remains the fourth-largest cryptocurrency by market capitalization. Notably, Solana has surpassed Ethereum in monthly fee generation, achieving a significant milestone in the blockchain space.
Recent data reveals Solana generated $183.46 million in monthly fees, slightly ahead of Ethereum’s $181.42 million for the same period. Additionally, CoinGape Media’s recent analysis predicts a potential price surge for SOL, estimating it could reach $1,300 in the near term.
XRP Price Today
XRP emerged as the top gainer among the top 10 cryptocurrencies, surging by 17% in the past 24 hours. Its price is currently trading at $1.78, with a 24-hour low of $1.54 and a high of $1.85. This impressive rally has helped XRP surpass BNB, making it the fifth-largest cryptocurrency by market cap.
With a market cap of $101 billion and a 24-hour trading volume of $16 billion, XRP remains a key focus in cryptocurrency prices today. The surge in XRP’s value highlights growing interest and momentum in the market.
In addition, Ripple Labs is preparing to launch RLUSD, a native stablecoin on the XRP Ledger, by next week. This move signifies Ripple’s continued innovation and expansion within the blockchain ecosystem.
Meme Coins Performance Today
Dogecoin (DOGE) price has seen a 3% increase in cryptocurrency prices today, currently trading at $0.4195. This positive movement comes amid growing speculation around a potential Dogecoin ETF, with expectations that crypto-friendly policies and DOGE’s recent price surge could lead to approval by 2025.
Meanwhile, Shiba Inu (SHIB) is trading flat today at $0.00002581, showing little change in the last 24 hours. Despite this, SHIB has gained significant attention recently, with a notable 200% surge in value over the past year, signaling strong community backing and potential for further growth.
In addition, other popular meme coins like PEPE, BONK, and WIF are trading flat to a 1-2% gain in cryptocurrency prices today. This reflects overall stability in the meme coin market, as these coins continue to show consistent, modest movements amidst broader market trends.
Top Cryptocurrency Gainers Prices Today
Ethereum Name Service
ENS price is currently trading at $42, reflecting a 27% gain in the last 24 hours. Its 24-hour low and high are $32.27 and $43.47, indicating strong price movement.
In addition, BitMEX co-founder Arthur Hayes recently accumulated ENS tokens, which has boosted market confidence. This significant investment highlights growing interest and potential in ENS, reinforcing its upward momentum.
Core
Core (CORE) price is currently trading at $1.40, reflecting a surge of 25% over the past 24 hours. This makes it the top gainer for today, with a 24-hour low and high of $1.09 and $1.49, respectively.
With a market cap of $1.3 billion, CORE continues to gain attention, showing strong upward momentum in the current market conditions. Its impressive price movement highlights growing investor interest and confidence in the token.
Top Cryptocurrency Losers Prices Today
MANTRA
MANTRA (OM) price is currently trading at $3.445, reflecting a 5% decline in the last 24 hours. Its 24-hour low and high are $3.40 and $3.65, indicating some price volatility during this period.
Raydium
Raydium (RAY) price is trading at $5.60, showing a 4% decline in the last 24 hours. Its 24-hour low and high are $5.53 and $5.84, reflecting a slight price decrease.
On the other hand, cryptocurrency prices today are showing bullish momentum across the broader market. In the past hour, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have all seen gains, indicating a positive short-term trend for these major cryptocurrencies.
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.
Elon Musk has doused optimism for the US government to adopt Dogecoin at the America PAC town hall event. The head of the Department of Government Efficiency (DOGE) noted that the government agency only bears a nominal resemblance to the memecoin.
Elon Musk Dispels Rumors Of Dogecoin Adoption By The US Government
At a recent event, Tesla CEO Elon Musk cleared the air on the potential adoption of Dogecoin by the US government. In his keynote speech, Musk noted that the US government will not be adopting Dogecoin, contrary to swirling speculation.
Musk noted that the speculation gained traction following the launch of the Department of Government Efficiency (DOGE). Following the launch of DOGE and Musk tapped to lead the agency, enthusiasm for Dogecoin government utility reached new highs.
However, Musk clarified that the agency bears only a nominal resemblance to the memecoin, stemming from an internet trend. The Tesla CEO disclosed that the original intended name was the Government Efficiency Commission, opting for DOGE “because the internet is right.”
“The name is similar but they are two different things,” said Musk. “But there are no plans for the government to use Dogecoin as far as I know.”
Musk has a long and storied history with Dogecoin, famously shilling the memecoin and integrating DOGE payments for Tesla. Musk teased an anime-themed DOGE on X, setting the stage for a $2 rally for the memecoin.
DOGE Reacts Negatively To The News
Dogecoin price slumped by nearly 2% in the wake of the grim report. Currently, the memecoin is trading at 0.1660 as it eyes a push toward the $1 mark.
The negative fundamental adds pressure to reports of DOGE forming a falling wedge pattern, signaling a potential downward breakout. However, optimists are rippling with confidence that DOGE can shake off the negative sentiments to post new all-time highs.
One analysis claims that if the Dogecoin price breaks a 3-month trendline, an $8 valuation for the memecoin is in play. Others claim that the House of Doge Reserve launch will be a tailwind for Dogecoin price, sending the dog-themed coin on a strong rally.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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.
Crypto inflows hit $226 million last week, signaling a cautiously optimistic investor sentiment amid ongoing market volatility.
According to CoinShares data, altcoins broke a five-week streak of negative flows, recording their first inflows in over a month.
Crypto Inflows Hit $226 Million Last Week
This turnout marks a significant slowdown from the previous week when crypto inflows hit $644 million, ending a five-week outflow streak. Before that, inflows peaked at $1.3 billion, with Ethereum outpacing Bitcoin in investor demand.
“Digital asset investment products saw $226 million of inflows last week suggesting a positive but cautious investor,” read an excerpt in the report.
The pullback to $226 million last week suggests a more measured approach by investors as they assess macroeconomic conditions and regulatory uncertainties.
Specifically, CoinShares’ researcher James Butterfill ascribes Friday’s minor outflows of $74 million to core personal consumption expenditure (PCE) in the US, which came in above expectations.
“The Fed’s preferred measure of inflation (Core PCE) moved up to 2.8% in February & remains well above their 2% target that has yet to be achieved. The market is expecting the Fed to hold rates steady again at their next meeting on May 7 (at 4.25-4.50%),” investor Charlie Bilello noted.
Nevertheless, this turnaround comes after nine consecutive trading days of inflows into crypto ETPs (exchange-traded products).
Despite the slowdown, Bitcoin continued to attract strong inflows of $195 million. Meanwhile, short-Bitcoin products registered outflows of $2.5 million for the fourth consecutive week. This suggests that investors are leaning bullish on Bitcoin, even as altcoins begin to recover.
The CoinShares report shows that altcoins saw $33 million in inflows last week after suffering $1.7 billion in outflows over the past month.
Altcoins Rebound After $1.7 Billion in Outflows
Ethereum (ETH) led the recovery, attracting $14.5 million, then Solana (SOL) at $7.8 million, while XRP and Sui recorded $4.8 million and $4.0 million, respectively. Market analysts believe altcoins may be bottoming out, creating potential buying opportunities.
“Altcoins are oversold. The bottom is close. We’re ready for a bounce,” renowned analyst Crypto Rover highlighted.
Other analysts echoed the sentiment, suggesting growing attention toward altcoins. Among them was trader Thomas Kralow, who said, “altcoins are setting up for a comeback.”
Adding credence to this bullish outlook for altcoins, project researcher BitcoinHabebe, known for insightful mid-low cap sniper entries, pointed to technical indicators suggesting a market reversal.
“While bears are trying to spread fear & make you sell your altcoins, the TOTAL3 [Altcoins market cap chart excluding Bitcoin and Ethereum] just bounced off an HTF [higher timeframe] retest,” the analyst stated.
This means most coins have bottomed out and are expected to start reversing soon. Cole Garner noted a key buy signal in market liquidity metrics, further supporting this view.
“Tether Ratio Channel already flashed a double buy signal this month. Now my lower timeframe version is popping off. Fresh capital incoming,” he indicated.
The Tether Ratio Channel is an on-chain analytical tool that helps traders identify potential buy signals. It tracks the ratio of Bitcoin’s market capitalization to that of stablecoins, acting as a leading indicator for short- to medium-term trends.
When the ratio hits certain levels, it can signal shifts in market sentiment, often indicating whether fresh capital is entering or exiting the market.
While overall crypto inflows have slowed compared to previous weeks, the return of capital into altcoins suggests renewed investor confidence. Analysts see signs of an impending altcoin rally, with market metrics indicating that most coins have bottomed out.
As investors weigh macroeconomic uncertainties, the coming weeks could be critical in determining whether the altcoin recovery sustains momentum or if caution prevails.
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Cardano price is repeating a pattern from 2024 that experts say is a signal for a massive pump in the coming weeks. While present figures are largely underwhelming for ADA, investors are brimming with confidence for a strong reversal in the near future.
Cardano Price Can Reach $2.5 In May
According to pseudonymous cryptocurrency analyst Master Kenobi, Cardano price is exhibiting cyclical behavior. In a post on X, Master Kenobi notes that ADA’s consolidation in recent days mirrors its price action from Q3 of 2024.
At the time, Cardano’s price suffered a steep correction in early August and endured a lengthy consolidation period before rallying. Presently, Cardano’s price is consolidating after the deep in early February that sent prices to $0.49.
“ADA is currently in a consolidation phase that resembles its behavior from August-September 2024,” said Master Kenobi. “Since the dip on August 5, it hasn’t recorded a new low – just as it hasn’t now, following the dip on February 3.”
According to Master Kenobi, a lengthy consolidation phase will be the precursor for an impressive rally for Cardano’s price. The analyst theorizes that the incoming rally will send Cardano to impressive levels in May. In the short term, analysts are eyeing ADA to hit $1, citing rising whale activity and positive fundamentals.
“If this pattern holds, May could bring a massive pump, potentially pushing the price toward $2.5,” said Master Kenobi.
ADA Ripples With Bullish Activity
At the moment, Cardano price is trading at $0.6646, a far cry from its all-time high of $3.10. Despite the lull in price action, the ecosystem is brimming with bullish activity for higher valuation.
Investors have their eyes on $10 after ADA outperformed top S&P 500 companies in a strong show of resilience. Futhermore, increased whale activity in the space is signaling an impending rally for ADA as community sentiment reaches an all-time high.
Analysts have opined that an ADA rally to $10 is not a crazy prediction, citing a slew of positive fundamentals for the network. However, pundits are urging investors to brace for multiple corrections in the march to reach a valuation of $10.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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.
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