Cryptocurrency Prices Today: BTC & Altcoins Soar Amid Ongoing US Elections
- Susan SarandonOriginal
- 2024-11-06 16:04:17743browse
The cryptocurrency prices today set off bullish waves across the broader industry, taking a noteworthy upside trajectory amid the ongoing U.S. elections.
Cryptocurrency prices today took a bullish turn, setting off waves of price appreciation across the broader industry. This positive price movement came amid the ongoing U.S. presidential elections, which continue to impact various markets.
Among the top cryptocurrencies by market cap, Bitcoin (BTC) price surged nearly 9% in the past 24 hours and is currently trading at $74,366. As per recent data, BTC price touched the $75K level on Wednesday morning.
Moreover, the coin’s intraday low and high were recorded as $68,147.62 and $75,011.06, respectively. BTC’s market cap stood at $1.47 trillion today.
Furthermore, the flagship crypto’s market dominance witnessed a 0.24% increase to 59.60%. Intriguingly, this rising movement comes despite $72.67 million worth of outflows in spot Bitcoin ETFs as of November 5, excluding BlackRock data, sparking investor speculations.
Also, BTC price surged nearly 9% in the past 24 hours and is currently trading at $74,366. The coin’s intraday low and high were recorded as $68,147.62 and $75,011.06, respectively. BTC’s market cap stood at $1.47 trillion today.
In other news, recent data showed that Bitcoin miners sold 14,150 BTC in October. Also, the total miner revenue dropped by 30% last month.
Meanwhile, a recent analysis by CoinGape highlighted the rising institutional interest in Bitcoin and how it could impact the coin’s price movements in the coming months.
Also, a recent report noted that Bitcoin mining difficulty dropped for the second time in a row. As per data, the latest adjustment saw a difficulty decrease of 0.34%.
Among other crypto prices today, Ethereum (ETH) price chart indicated gains worth nearly 7% in the past 24 hours and is currently trading at $2,579.
The coin’s 24-hour low and high were recorded as $2,402.50 and $2,631.72, respectively. ETH’s market cap rested at $310.25 billion today.
However, spot Ethereum ETFs recorded net flows worth $0 million, excluding BlackRock’s ETHA, adding to the intrigue surrounding the coin’s price movements.
Also, recent data showed that ETH 2.0 had 8,106,896 ETH staked across 267,638 validators. As per recent updates, ETH 2.0 client Bellatrix was activated on mainnet.
In other news, a recent report highlighted the rising institutional interest in Ethereum and how it could impact the coin’s price movements in the coming months.
Solana (SOL) crypto witnessed a 16% rise in value and is currently trading at $184. The coin’s intraday low and high were recorded as $159.38 and $185, respectively. Solana’s market cap rested at $87.09 billion today.
Conversely, a recent SOL price analysis by CoinGape Media indicated that Solana whale sell-offs signal a potential market shift ahead.
XRP price experienced a nearly 6% increase in value and is currently sitting at $0.5312. The coin’s intraday low and high were recorded as $0.5048 and $0.5359, respectively. XRP’s market cap rested at $30.22 billion today.
Meanwhile, XRP whales transferred $814 million worth of coins, sparking investor speculations surrounding the asset’s price.
In other news, a recent report highlighted the rising institutional interest in XRP and how it could impact the coin’s price movements in the coming months.
Among other crypto prices today, Dogecoin (DOGE) price surged nearly 10% in the past 24 hours and is currently trading at $0.204. The coin’s intraday low and high were recorded as $0.184 and $0.205, respectively. DOGE’s market cap rested at $30.22 billion today.
Also, a recent DOGE price analysis by CoinGape Media indicated that Dogecoin price action sets off bullish waves ahead of U.S. election results. In other news, recent data showed that Elon Musk’s X filed to register 2 trademarks, including ‘Burnt Hair’ and ‘DOGE’.
Moreover, recent data showed that DOGE price dropped over 20% last week, marking the worst performance among the top 10 coins.
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