As we reported as Kriptokoin.com, activity in the cryptocurrency market continues after the elections. Bitcoin (BTC) reached a new high, surpassing $76,000. Altcoins, on the other hand, rose under the leadership of ETH, SOL and XRP. However, Dogecoin (DOGE) experienced an unexpected decline and created concern among investors. Here are the details…
Leading Cryptocurrency Bitcoin and Ethereum
Bitcoin is trading at $75,202, up 1% in the last 24 hours. The lowest and highest prices during the day were recorded as $72,733.32 and $76,460.15, respectively. Additionally, this rise brought the market value of BTC to 1.49 trillion dollars. However, Bitcoin’s market dominance decreased by 1.18% to 58.53%. However, there was an inflow of $691.01 million into spot Bitcoin ETFs. This shows that investors’ interest in BTC continues.
Ethereum has gained over 10% in the last 24 hours and is currently trading at $2,859. The lowest and highest prices of ETH during the day were $2,563.82 and $2,878.75, respectively. Additionally, the market value of Ethereum reached 344.10 billion dollars. This rise was supported by $52.29 million inflows into spot Ethereum ETFs. However, despite this rise, it is difficult for the cryptocurrency to reach a new all-time high. That’s because big investors continue to sell.
Solana and XRP
Solana is trading at $189.17, up 3%. The lowest and highest levels during the day were recorded as $180.35 and $191.79, respectively. Additionally, Solana’s market value was $89.20 billion. However, Pumpfum, a major investor, sold around $6 million worth of cryptocurrencies during the price increase.
XRP is trading at $0.5616, up 5%. The lowest and highest levels during the day were recorded as $ 0.5274 and $ 0.5739, respectively. The market value of XRP was 31.94 billion dollars. Ripple’s move of $250 million worth of XRP increased the interest of investors. This situation brought about speculations regarding price movements.
Meme Performances of Cryptocurrencies
Dogecoin (DOGE) is trading at $0.1958, losing 5.5% in the last 24 hours. Shiba Inu (SHIB) decreased by 1.5% to $0.00001899. In contrast, other meme coins such as PEPE, WIF, and BONK continued to trade in the green zone.
While DOGE’s unexpected decline caused concern among cryptocurrency investors, the performance of other meme coins became the center of attention.
