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Crypto Prices Today: BTC, ETH, SOL, & XRP Witness Gains

Barbara Streisand
Barbara StreisandOriginal
2024-11-16 15:28:19329browse

The crypto prices today have taken an attention-nabbing upside momentum, sparking investor curiosity across the digital asset space. Bitcoin (BTC) price gained to surpass the $91K level again, whereas top altcoins have mainly mimicked a bullish trajectory.

Crypto Prices Today: BTC, ETH, SOL, & XRP Witness Gains

Cryptocurrency prices soared on Wednesday, with Bitcoin (BTC) briefly crossing the $91,000 threshold again and meme coins posting strong gains.

The global crypto market cap rose 4% to $3.03 trillion, while total 24-hour market volume fell 15% to $195.36 billion.

Among the top 100 coins, MANTRA (OM) and Goatseus Maximus (GOAT) were the biggest gainers for the day. Meme coins also saw gains overall, in line with the broader market sentiment.

Here's a look at some of the top cryptocurrencies and their price actions on November 16.

Crypto Prices Today: BTC, ETH, SOL, XRP Post Gains

As mentioned above, while BTC price traded above $91,000, Ethereum (ETH), Solana (SOL), and XRP prices gained 1%-9%. This upward movement came amid broader market enthusiasm with the Q4 displaying bullishness for the industry.

Furthermore, even the meme coin sector soared in line with the broader trend, as evident from Dogecoin and Shiba Inu intraday price movements.

Now, let's delve deeper into the price actions of the major coins today.

Bitcoin Price Today

BTC price was up nearly 3% in the past 24 hours and currently trades at $91,107. The coin's intraday low and high were $87,124.90 and $91,868.74, respectively.

Bitcoin's market cap increased by 3% from the previous day, reaching $1.81 trillion. The flagship crypto's market dominance also rose by 0.04% to 59.77%.

This surging price action comes despite $370.10 million in outflows from Bitcoin ETFs as of November 15, according to Sosovalue data that excludes BlackRock's IBIT.

Overall, this statistic sparked speculation among investors about the asset's future performance in the market.

Meanwhile, today's price increase follows a significant BTC price crash that we saw recently, instilling optimism among traders.

Ethereum Price Today

ETH price rose roughly 2% in the past 24 hours and currently trades at $3,136. The coin's intraday low and high were $3,016.14 and $3,135.18, respectively.

Ethereum's market cap stood at $377 billion today. At the same time, the top altcoin's market dominance was at 12.47%.

Interestingly, even ETH price surged despite $59.87 million in outflows from Ethereum ETFs, according to Sosovalue data excluding BlackRock's.

This price action sparked discussions over future movements amid constant institutional interest decline. Ethereum ETFs witnessed outflows continuously, as indicated by the latest data showing over $60 million in outflows on Friday.

Solana Price Today

Solana (SOL) price saw gains to the tune of 5% in the past 24 hours and currently trades at $220.12. The coin's 24-hour low and high were $204.83 and $220.75, respectively.

Solana's market cap reached $103.92 billion today. The coin soared in line with the broader market sentiment.

Notably, Solana meme coin Moo Deng (MOODENG) also attracted attention, embarking on a rally amid backing from major exchanges.

XRP Price Today

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