Price: $0.38586 3.3525%
Market Cap: 56.68B 1.7469%
Volume (24h): 8.2B 0.4%
Dominance: 1.7469%
Price: $0.38586 3.3525%
Market Cap: 56.68B 1.7469%
Volume (24h): 8.2B 0.4%
Dominance: 1.7469% 1.7469%
  • Price: $0.38586 3.3525%
  • Market Cap: 56.68B 1.7469%
  • Volume (24h): 8.2B 0.4%
  • Dominance: 1.7469% 1.7469%
  • Price: $0.38586 3.3525%
Home > Information news > Cryptocurrency Traders Face Market Volatility Today

Cryptocurrency Traders Face Market Volatility Today

Release: 2024/11/13 14:39 Reading: 376

Original author:BH NEWS

Original source:https://coinmarketcap.com/community/articles/6734416a312ddb3e3de269cb

Cryptocurrency Traders Face Market Volatility Today

Cryptocurrency Traders Navigate Market Volatility

Traders faced a challenging day in the global cryptocurrency market, with Bitcoin hovering around $87,000. Ethereum and Solana both experienced price declines, contributing to an overall market decline. Total market capitalization for cryptocurrencies decreased by 0.52% to $2.93 trillion, while trading volume rose by 6.52% to $318.44 billion.

Major Cryptocurrencies in Flux

Bitcoin, Ethereum, and Solana exhibited significant price fluctuations. Ripple, on the other hand, gained momentum and saw a notable increase. Dogecoin also benefited from intraday gains, potentially influenced by Elon Musk's recent political ties.

Top Performers and Notable Movers

XRP led the gains with an 11% increase to $0.67, while Dogecoin climbed 4% to $0.3778. Shiba Inu experienced a downturn, dropping by 9%. Other meme coins, such as PEPE, BONK, and FLOKI, showed positive momentum.

BONK emerged as one of the day's biggest winners, soaring by 30% to $0.00003397. Stellar gained 14%, and FLOKI saw an 8% increase. FET faced significant losses, falling by 21%, making it one of the market's biggest losers.

Market Sentiment and Outlook

The optimistic sentiment from the U.S. House of Representatives regarding cryptocurrency has fueled optimism within the sector. Traders continue to monitor market volatility closely, seeking opportunities and mitigating risks.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.