Altcoin
BTC Regains $96K, ETH Up 9%, ENS Shoots 50%
The cryptocurrency market today continues on an upward trajectory, reflecting strong bullish sentiment. Bitcoin (BTC) price surged past $96,000 in the past 24 hours. Ethereum (ETH) price gained 9%, showcasing robust market confidence. Additionally, Ethereum Name Service (ENS) emerged as the top gainer, skyrocketing by 50%.
Altcoins like Solana (SOL) and XRP recorded notable gains, contributing to the overall positive momentum in the market. The global cryptocurrency market cap increased by 4%, reaching $3.32 trillion, signaling steady growth despite a 9% decline in total market volume, which stood at $201 billion.
Trading activity on top crypto exchanges slowed, reflecting cautious investor behavior despite the price rallies. As the cryptocurrency market today remains in focus, let’s dive deeper into the performance of top cryptocurrencies by market cap and their price movements this November 28.
Cryptocurrency Market Today (November 28): BTC, ETH, SOL, & XRP Maintain Gains
The cryptocurrency market today appears to be making strides in recovery after yesterday’s mixed performance. Bitcoin (BTC) held steady above $94,000, signaling resilience, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP continued their upward momentum.
Meme coins also joined the rally, showing gains of 4% to 6%, indicating increased investor interest across various asset categories. Despite the cautious optimism, trading volumes on top crypto exchanges remained moderate, reflecting selective participation.
Bitcoin Price Today
Bitcoin (BTC) price gained 3% in the past 24 hours, trading at $94,945. The coin’s intraday low and high were recorded at $92,337 and $97,361, respectively. BTC currently holds a market cap of $1.88 trillion and a 24-hour trading volume of $70 billion. With a market dominance of 57%, Bitcoin remains the top cryptocurrency by market cap.
As sosovalue reported a modest BTC ETF inflow of $103 million, signaling steady institutional interest. Investors are closely watching for further insights into market sentiment. This growing demand highlights Bitcoin’s continued importance in institutional portfolios.
On the regulatory front, Chris Giancarlo addressed the strategic Bitcoin reserve proposal. He also discussed possible cryptocurrency policies under the Donald Trump administration, hinting at significant regulatory shifts. These developments could shape the future of the cryptocurrency market today and beyond.
Ethereum Price Today
Ethereum (ETH) price saw a significant 9% surge in the past 24 hours, becoming the top gainer among the top 10 cryptocurrencies by market cap today. ETH is currently trading at $3,586, with its intraday low and high recorded at $3,358 and $3,687, respectively. Ethereum’s market cap stands at $430 billion, supported by a 24-hour trading volume of $44 billion.
Ethereum ETF inflow of $90 million, as reported by sosovalue, reflects strong institutional interest. Additionally, Ethereum co-founder Vitalik Buterin sold free meme coins he received and donated the proceeds to a crypto advocacy initiative, supporting blockchain technology and ethical cryptocurrency use.
Solana Price Today
Solana (SOL) price saw a 4% price increase in the past 24 hours, currently trading at $239. The coin’s intraday low and high were $228 and $245, respectively. With a market cap of $113 billion and a 24-hour trading volume of $5 billion, Solana remains the fourth-largest cryptocurrency by market cap.
SOL reached a new all-time high (ATH) of $263.83, surpassing its previous peak and reinforcing its upward momentum. This milestone has sparked speculation among crypto analysts about Solana potentially hitting $500 by the end of the year. As the cryptocurrency market today remains optimistic, Solana’s performance continues to attract significant attention from investors and analysts alike.
XRP Price Today
XRP price saw a 7% increase over the past 24 hours, currently trading at $1.46. The coin’s intraday low and high were recorded at $1.357 and $1.518, respectively. XRP holds a market cap of $84 billion and witnessed a 24-hour trading volume of $8 billion, maintaining its strong position in the cryptocurrency market today.
In regulatory news, Pro-XRP lawyer John Deaton has endorsed Paul Atkins for the role of SEC Chair. Deaton is calling for reforms to address allegations of overreach and unethical practices under Gary Gensler’s leadership. As the cryptocurrency market today watches closely, XRP’s performance and associated regulatory developments remain pivotal for investors.
Meme Coins Prices Today
Dogecoin (DOGE) price experienced a 6% increase, reaching $0.40. The rise continues to highlight DOGE’s dominance in the meme coin space. Similarly, Shiba Inu (SHIB) price gained nearly 5%, trading at $0.00002575. These meme coins are seeing renewed interest as retail investors fuel the momentum.
In addition, other top meme coins like PEPE, BONK, and WIF also recorded significant gains, ranging from 4% to 8%. This surge in meme coin values is contributing to an overall positive sentiment in the cryptocurrency market today, as traders continue to capitalize on these rapidly moving assets.
Top Crypto Gainers Prices Today
Ethereum Name Service
The price of Ethereum Name Service (ENS) surged nearly 50% in the past 24 hours, reaching $34. Its intraday low and high were recorded at $23.21 and $33.44, respectively. This impressive price movement highlights the growing interest in ENS and its utility within the blockchain ecosystem.
Ethereum Name Service is an open naming system designed to meet the expanding needs of users in the cryptocurrency space. The primary goal of ENS is to translate machine-readable identifiers, such as content hashes, cryptocurrency addresses, and cryptographic metadata, into human-readable names.
Ethena
ENA price experienced a significant 22% surge in price, currently trading at $0.74. The coin’s intraday low and high were recorded at $0.60 and $0.76, respectively, indicating strong price movement. This uptick highlights the growing interest and positive sentiment surrounding ENA in the cryptocurrency market today.
Top Crypto Losers Prices Today
Algorand
Algorand became the worst performer in the last 24 hours, with a 5% drop in its price. Currently trading at $0.286, the coin’s intraday low and high were $0.2843 and $0.3077, respectively. Despite the recent decline, ALGO’s market activity remains closely watched by analysts.
Interestingly, analysts predict that Algorand will outperform Bitcoin’s growth in the near term, suggesting a potential rebound and future gains. As the cryptocurrency market today experiences varied performance, investors are keeping a close eye on ALGO’s next moves.
MANTRA
MANTRA (OM) price saw a 4% decrease over the past 24 hours, currently trading at $3.43. The coin’s intraday low and high were recorded at $3.424 and $3.755, respectively. Despite this decline, the broader cryptocurrency market is showing signs of strength and stability.
On the hourly timeframe, major cryptocurrencies are displaying bullish momentum, with some top altcoins up by 1% in the last hour at the time of writing. This suggests that while individual coins like MANTRA face short-term challenges, the overall market sentiment remains positive.
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.
Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.
Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development
According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.
Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.
Canary Capital’s ETF Emerges On DTCC
The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.
Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.
LTC Price Eyes Rally?
However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.
Nevertheless, renowned crypto trader Carl Moon took to X, revealing that a $143 price target looms for the token. As per Carl, LTC is forming a bullish flag on lower timeframes, signaling an uptrend ahead. The significant buying pressure brought by Litecoin whales further supports this bullish prediction.
Crypto market traders and investors thoroughly monitor the token, reflecting optimism amid recent ETF developments and strong whale support.
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.
Amidst the SEC’s positive approach to XRP exchange-traded funds (ETFs), anxiety is building around the potential resolution of the Ripple lawsuit. Notably, the recent settlement of the Coinbase case has fueled community optimism about a potential dismissal of the XRP lawsuit. According to legal expert Jeremy Hogan, a settlement in the Ripple vs. SEC case is possible as early as Q2 2025.
Will XRP Lawsuit be Settled by May 2025?
As the community awaits an imminent resolution in the XRP lawsuit, advocate Jeremy Hogan shared his insights. In an X post, Hogan stated that the Ripple vs. SEC case could witness a settlement by the first half of April or early May. However, he clarified that the prediction is merely his intuition and not based on any concrete evidence.
Hogan’s comments came in response to Good Morning Crypto host Johnny Krypto’s post. Addressing Hogan, Johnny Krypto shared a thread, seeking the lawyer’s opinion on the impending conclusion of the XRP lawsuit. The message read, “Do you think the XRP case can get dropped sooner than you originally thought or does May still feel right to you gut??
Coinbase Case Closure and XRP Lawsuit Settlement
In a surprising development, the US SEC agreed to drop the prolonged Coinbase lawsuit, marking a significant milestone in the crypto space. The move also highlights the SEC’s regulatory changes that visions the establishment of the US crypto environment.
Celebrating the significant development, Coinbase CEO Brian Armstrong posted on X that the platform reached an agreement with the SEC after “years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country.”
Meanwhile, Jeremy Hogan sees the Coinbase suit dismissal with prejudice as a strong win, as it permanently closes the case. He means that there is no room for the SEC to refile the case.
Notably, as per Hogan’s words, the SEC’s bold move suggests they’re not waiting for Commissioner Atkins’ confirmation to take decisive action on crypto regulation. This implies the SEC might make more crypto-friendly moves even before Atkins takes office, potentially indicating an imminent XRP lawsuit settlement.
SEC’s XRP ETF Acknowledgements Spark Enthusiasm
Over the last few days, the SEC has taken significant steps towards potentially approving XRP ETFs. Particularly, the SEC acknowledged XRP ETF applications submitted by multiple asset managers including Grayscale, 21Shares, CoinShares, Bitwise, and Canary Capital.
This optimistic move, coupled with the SEC’s decision to drop the Coinbase case, has sparked speculations of an early XRP lawsuit settlement. Previously, Jeremy Hogan posited that the XRP lawsuit conclusion could be possible before the SEC’s approval of an XRP ETF.
Although the SEC’s ETF nod doesn’t assure approval, it has fueled community optimism about a potential ETF launch and lawsuit dismissal. As per wider speculations, with the SEC recognizing XRP ETF applications, a lawsuit dismissal is now within reach.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
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.
The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.
Pi Coin Could Surpass XRP Price After Binance Listing
Gem Hunter recently suggested that the Pi coin price could surpass the XRP price after a potential Binance listing. In an X post, the analyst noted that Pi network’s chart doesn’t look bad at all and hinted that the current price was the bottom.
The analyst further remarked that the Pi coin had recorded almost $1 billion trading volume in eight hours despite listing on only a few centralized exchanges (CEXs). Gem Hunter stated that the real fun will start when Binance and other top crypto exchanges list Pi. As such, he urged market participants to buy the dip and hold.
The analyst’s accompanying chart showed that the Pi coin price could rally to as high as $2.8 when Binance and these top exchanges potentially list the coin. A rally to this price level could put Pi above the XRP price, which is currently trading at around $2.6.
It is worth mentioning that Binance is currently running a community poll on whether it should list Pi. Most community members have voted for the top crypto exchange to list the coin. As such, there is the possibility that Binance could list the crypto at some point, which would provide some bullish momentum for its price.
The Pi network mainnet officially launched today. Consequently, the Pi coin also went live on several exchanges, including OKX, and reached an all-time high (ATH) of $2.2 before witnessing a price correction.
XRP Price Could Surge Before Then
Crypto analyst Dark Defender recently predicted that the XRP price could surge to $3 soon enough, a move which would see the crypto surpass the projected $2.8 level for Pi coin. According to the analyst, XRP will see a break towards $2.77 first and then towards $3 “within hours.”
Meanwhile, in his analysis of XRP in the 12-hour time frame, crypto analyst Egrag Crypto noted that the coin has bounced off the low edge of the ascending triangle, showing bullish momentum. The analyst stated that targeting $2.83 is the next bullish milestone for XRP.
Egrag Crypto further remarked that a bullish signal will occur when XRP closes above the $2.90 and $3.10 range with confirmation. He claimed this would turn this range into strong support for a bullish continuation and a major milestone from a structural perspective.
The XRP price is already up today thanks to bullish fundamentals such as the SEC’s acknowledgment of the XRP ETFs and Hashdex’s XRP ETF, which is set to launch in Brazil.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
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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