Crypto prices today have maintained a bullish movement, solidifying investor optimism across the industry. Bitcoin (BTC) price briefly touched the $76K mark, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green. However, Dogecoin (DOGE) saw profit booking, defying the broader market sentiment post-Donald Trump’s win in the U.S. elections.
Furthermore, the global crypto market cap soared over 4% intraday to reach $2.54 trillion. The total market volume increased by 86.5% to $214.56 billion. Here’s a brief overview of some of the top cryptocurrencies by market cap and their price movements today, November 7.
While BTC briefly topped the $76K mark over the past day after the U.S. elections concluded, the altcoins sector mirrored a bullish movement. ETH, SOL, and XRP prices gained 3%-10% on Thursday. However, Dogecoin price dipped notably, sparking concerns despite Trump’s recent win. Also, NEIRO emerged as the day’s top market gainer. So. let’s dig deeper into the coins’ prices today.
BTC price gained nearly 1% in the past 24 hours and is now trading at $75,202. The flagship crypto’s intraday low and high were $72,733.32 and $76,460.15, respectively. Notably, the intraday high also marks a new ATH for BTC price. Further, Bitcoin’s market cap was evaluated to be $1.49 trillion today. However, the coin’s market dominance witnessed a 1.18% decrease over the past day to 58.53%. Nevertheless, BTC’s rising price action falls in line with $691.01 million worth of inflows in spot Bitcoin ETFs, excluding BlackRock data as of November 6, per Sosovalue data.
ETH price on Thursday witnessed an uptick of over 10%, reaching $2,859. The coin’s intraday low and high were recorded as $2,563.82 and $2,878.75, respectively. Ethereum’s market cap reached $344.10 billion today. Moreover, the coin’s rising movement also falls in line with $52.29 million worth of inflows in ETH ETFs as of November 6, excluding BlackRock ETHA data. However, an Ethereum price analysis by CoinGape Media indicated that ETH could not witness another ATH despite the boost by U.S. elections due to whales’ continued selling.
The crypto SOl witnessed a 3% rise in value and is currently sitting at $189.17. The coin’s intraday low and high were $180.35 and $191.79, respectively. Solana’s market cap was evaluated as $89.20 billion today. Notably, Pumpfum was reported to have sold nearly $6 million worth of SOL amid the coin’s recent price upswing.
XRP price witnessed a 5% rise in value and is now trading at $0.5616. Its intraday low and high were $0.5274 and $0.5739, respectively. XRP’s market cap stood at $31.94 billion today. Meanwhile, Ripple was reported to be moving $250 million worth of XRP, bringing investor intrigue to the coin’s price movements.
Simultaneously, Dogecoin (DOGE) price tanked nearly 5.5% in the past 24 hours and is now trading at $0.1958. Also, even the Shiba Inu (SHIB) price dropped nearly 1.5% to reach $0.00001899. Besides, PEPE, WIF, and BONK prices traded dominantly in the green territory today.
NEIRO price surged 34% in the past 24 hours and is now trading at $0.002022. The coin’s 24-hour low and high were recorded as $0.001574 and $0.002262, respectively.
LDO price upsurged roughly 31% in the past 24 hours and is now sitting at $1.38. The coin’s intraday low and high were $1.05 and $1.42, respectively.
RAY price witnessed gains worth nearly 25% intraday and is now resting at $4.51. The crypto’s 24-hour low and high were $3.51 and $4.60, respectively.
Meanwhile, it’s noteworthy that Dogecoin emerged as one of the leading market losers today. Further, Helium and Shiba Inu followed.
HNT price waned nearly 2% in the past 24 hours and is now trading at $6.23. The coin’s intraday low and high were $6.01 and $6.37, respectively.
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