Today’s crypto market saw a blend of gains and losses across major assets, with Bitcoin (BTC) holding steady around the $75,000 mark, while other altcoins experienced a range of price movements. Neiro (NEIRO) emerged as the top gainer, showing impressive growth.
The global crypto market cap dipped slightly by 2.64%, landing at $2.48 trillion, with total market volume down 37.63% to $134.43 billion. Here’s a breakdown of notable cryptocurrency movements on November 8.
Key Crypto Prices Today (November 8)
Bitcoin (BTC)
Bitcoin is trading at $75,851, up nearly 1% in the last 24 hours. The coin’s range today spanned from $74,480.42 to $76,943.12, with its market cap reaching $1.50 trillion. Bitcoin’s dominance also increased by around 2%, now at 60.52%, supported by significant inflows in BTC spot ETFs worth $1.3 billion as of November 7, according to Sosovalue data.
Ethereum (ETH)
Ethereum gained over 1.5% to reach $2,902, with an intraday range of $2,781.30 to $2,954.87. Ethereum’s market cap currently stands at $349.39 billion. Inflows of $79.74 million in ETH ETFs have boosted the coin, and Whale Alert data highlighted both ETH dumps and accumulations over the past day.
Solana (SOL)
Solana saw a nearly 5% increase, trading at $199. Its intraday low and high were $186 and $201, respectively, with a market cap of $93.72 billion. The coin has recently outperformed Ethereum, and analysts are closely watching its upward trend.
XRP
XRP declined by almost 1% to $0.5512, within a range of $0.542 to $0.56, and holds a market cap of $31.34 billion. Market speculation around a possible XRP ETF has risen following Donald Trump’s election win, which has bolstered interest in crypto-friendly regulations.
Meme Coins
- Dogecoin (DOGE): Down 0.5%, now at $0.1953.
- Shiba Inu (SHIB): Marginally up by 0.09% to $0.000019.
- Pepe Coin: Rose by over 3% to $0.00001091.
- Dogwifhat (WIF): Down 2% at $2.34.
Top Gainers
- Neiro (NEIRO): Up 22%, now trading at $0.002443.
- Cardano (ADA): Up nearly 15% to $0.4282.
- Goatseus Maximus (GOAT): Rose by 10% to $0.854.
Top Losers
- Lido DAO (LDO): Fell 8% to $1.27.
- Mog Coin (MOG): Down 5% to $0.00000211.
- Kaspa (KAS): Dropped 6%, now at $0.1131.
Market Sentiment and Trends
The market continues to react positively to Trump’s pro-crypto election win, with optimistic projections for further price increases across major cryptocurrencies. Analyst Ali Martinez highlighted a $2 billion USDT influx into the market, which could add fresh liquidity and fuel further upward trends.
Overall, investors and traders are watching crypto prices closely today, with hopes for additional bullish momentum in the wake of recent events.
