Crypto Price LIVE (Nov 12th, 2024): Bitcoin Price Today Hits New ATH of $89k | Dogecoin Price Surges 33%!

Crypto Market Soars, Bitcoin Hits New ATH

The cryptocurrency market experienced a significant surge today, with the total market capitalization jumping 7.36% to reach $2.98 trillion in the past 24 hours. This bullish momentum was fueled by a 33.24% increase in trading volumes, reaching $304.65 billion. Investor optimism is high, as reflected by the Fear & Greed Index rising to 87, indicating "Extreme Greed" within the industry.

Bitcoin Surpasses $88k, Reaches New High

Bitcoin (BTC) continues its upward trajectory, setting a new all-time high (ATH) of $89,604.50 just hours ago. At the time of writing, BTC is trading at $88,741.46, representing a 9.12% gain over the past day. Its market cap has surged to $1.75 trillion, surpassing silver's valuation of $1.736 trillion and becoming the world's eighth largest asset. Bitcoin's market cap now exceeds Spain's GDP.

Altcoin Roundup: ETH, SOL, XRP Post Gains

Ethereum (ETH) has registered a 5.72% increase, trading at $3,343, benefiting from positive market conditions. Solana (SOL) also experienced an uptick of 6.40%, currently trading at $219.57. XRP joined the rally with a 4.21% rise, reaching $0.6065.

Top Movers: CRO, AIOZ, DOGE Shine

Cronos (CRO) leads the top 100 gainers with an impressive 52.57% surge to $0.2142. Aioz Network (AIOZ) follows with a 40.82% gain, trading at $0.732. Dogecoin (DOGE) also gained momentum, rising by 33.90% to reach $0.3934, driven by increased community support and market activity.

Top Losers: RAY, GOAT, NEIRO Decline

Among the top assets, Raydium (RAY) suffered the steepest decline, dropping by 16.06% to $4.71. GOAT lost 14.14% to reach $0.7759, while NEIRO fell by 10.71% to $0.002372, marking a pullback amidst an otherwise bullish market landscape.

Stay informed as the crypto market continues to evolve and new trends emerge.