Cryptocurrency Market Today Nov 28: BTC Regains $96K, ETH Up 9%, ENS Shoots 50%
The cryptocurrency market today continues on an upward trajectory, reflecting strong bullish sentiment. Bitcoin (BTC) price surged past $96,000 in the past 24 hours. Ethereum (ETH) price gained 9%, showcasing robust market confidence. Additionally, Ethereum Name Service (ENS) emerged as the top gainer, skyrocketing by 50%.
Altcoins like Solana (SOL) and XRP recorded notable gains, contributing to the overall positive momentum in the market. The global cryptocurrency market cap increased by 4%, reaching $3.32 trillion, signaling steady growth despite a 9% decline in total market volume, which stood at $201 billion.
Trading activity on top crypto exchanges slowed, reflecting cautious investor behavior despite the price rallies. As the cryptocurrency market today remains in focus, let’s dive deeper into the performance of top cryptocurrencies by market cap and their price movements this November 28.
Cryptocurrency Market Today (November 28): BTC, ETH, SOL, & XRP Maintain Gains
The cryptocurrency market today appears to be making strides in recovery after yesterday’s mixed performance. Bitcoin (BTC) held steady above $94,000, signaling resilience, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP continued their upward momentum.
Meme coins also joined the rally, showing gains of 4% to 6%, indicating increased investor interest across various asset categories. Despite the cautious optimism, trading volumes on top crypto exchanges remained moderate, reflecting selective participation.
Bitcoin Price Today
Bitcoin (BTC) price gained 3% in the past 24 hours, trading at $94,945. The coin’s intraday low and high were recorded at $92,337 and $97,361, respectively. BTC currently holds a market cap of $1.88 trillion and a 24-hour trading volume of $70 billion. With a market dominance of 57%, Bitcoin remains the top cryptocurrency by market cap.
As sosovalue reported a modest BTC ETF inflow of $103 million, signaling steady institutional interest. Investors are closely watching for further insights into market sentiment. This growing demand highlights Bitcoin’s continued importance in institutional portfolios.
On the regulatory front, Chris Giancarlo addressed the strategic Bitcoin reserve proposal. He also discussed possible cryptocurrency policies under the Donald Trump administration, hinting at significant regulatory shifts. These developments could shape the future of the cryptocurrency market today and beyond.
Ethereum Price Today
Ethereum (ETH) price saw a significant 9% surge in the past 24 hours, becoming the top gainer among the top 10 cryptocurrencies by market cap today. ETH is currently trading at $3,586, with its intraday low and high recorded at $3,358 and $3,687, respectively. Ethereum’s market cap stands at $430 billion, supported by a 24-hour trading volume of $44 billion.
Ethereum ETF inflow of $90 million, as reported by sosovalue, reflects strong institutional interest. Additionally, Ethereum co-founder Vitalik Buterin sold free meme coins he received and donated the proceeds to a crypto advocacy initiative, supporting blockchain technology and ethical cryptocurrency use.
Solana Price Today
Solana (SOL) price saw a 4% price increase in the past 24 hours, currently trading at $239. The coin’s intraday low and high were $228 and $245, respectively. With a market cap of $113 billion and a 24-hour trading volume of $5 billion, Solana remains the fourth-largest cryptocurrency by market cap.
SOL reached a new all-time high (ATH) of $263.83, surpassing its previous peak and reinforcing its upward momentum. This milestone has sparked speculation among crypto analysts about Solana potentially hitting $500 by the end of the year. As the cryptocurrency market today remains optimistic, Solana’s performance continues to attract significant attention from investors and analysts alike.
XRP Price Today
XRP price saw a 7% increase over the past 24 hours, currently trading at $1.46. The coin’s intraday low and high were recorded at $1.357 and $1.518, respectively. XRP holds a market cap of $84 billion and witnessed a 24-hour trading volume of $8 billion, maintaining its strong position in the cryptocurrency market today.
In regulatory news, Pro-XRP lawyer John Deaton has endorsed Paul Atkins for the role of SEC Chair. Deaton is calling for reforms to address allegations of overreach and unethical practices under Gary Gensler’s leadership. As the cryptocurrency market today watches closely, XRP’s performance and associated regulatory developments remain pivotal for investors.
Meme Coins Prices Today
Dogecoin (DOGE) price experienced a 6% increase, reaching $0.40. The rise continues to highlight DOGE’s dominance in the meme coin space. Similarly, Shiba Inu (SHIB) price gained nearly 5%, trading at $0.00002575. These meme coins are seeing renewed interest as retail investors fuel the momentum.
In addition, other top meme coins like PEPE, BONK, and WIF also recorded significant gains, ranging from 4% to 8%. This surge in meme coin values is contributing to an overall positive sentiment in the cryptocurrency market today, as traders continue to capitalize on these rapidly moving assets.
Top Crypto Gainers Prices Today
Ethereum Name Service
The price of Ethereum Name Service (ENS) surged nearly 50% in the past 24 hours, reaching $34. Its intraday low and high were recorded at $23.21 and $33.44, respectively. This impressive price movement highlights the growing interest in ENS and its utility within the blockchain ecosystem.
Ethereum Name Service is an open naming system designed to meet the expanding needs of users in the cryptocurrency space. The primary goal of ENS is to translate machine-readable identifiers, such as content hashes, cryptocurrency addresses, and cryptographic metadata, into human-readable names.
Ethena
ENA price experienced a significant 22% surge in price, currently trading at $0.74. The coin’s intraday low and high were recorded at $0.60 and $0.76, respectively, indicating strong price movement. This uptick highlights the growing interest and positive sentiment surrounding ENA in the cryptocurrency market today.
Top Crypto Losers Prices Today
Algorand
Algorand became the worst performer in the last 24 hours, with a 5% drop in its price. Currently trading at $0.286, the coin’s intraday low and high were $0.2843 and $0.3077, respectively. Despite the recent decline, ALGO’s market activity remains closely watched by analysts.
Interestingly, analysts predict that Algorand will outperform Bitcoin’s growth in the near term, suggesting a potential rebound and future gains. As the cryptocurrency market today experiences varied performance, investors are keeping a close eye on ALGO’s next moves.
MANTRA
MANTRA (OM) price saw a 4% decrease over the past 24 hours, currently trading at $3.43. The coin’s intraday low and high were recorded at $3.424 and $3.755, respectively. Despite this decline, the broader cryptocurrency market is showing signs of strength and stability.
On the hourly timeframe, major cryptocurrencies are displaying bullish momentum, with some top altcoins up by 1% in the last hour at the time of writing. This suggests that while individual coins like MANTRA face short-term challenges, the overall market sentiment remains positive.
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