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On Thursday, November 28, 2024,at 11.13 AM, the cryptocurrency market experienced mixed results with slight declines across several major digital assets.
Bitcoin (BTC) saw a drop of 0.51%, falling by $486.37 to $95,261.60. Despite the decrease, Bitcoin remains a dominant player with a market capitalization of $1.885 trillion. Trading volume for the cryptocurrency was recorded at $66.407 billion, with a circulating supply of 19.789 million BTC. Bitcoin has maintained a notable 154.46% increase over previous periods, reflecting its long-term growth potential.
Ethereum (ETH) also posted a small decline of 0.08%, dropping by $2.97 to $3,556.39. Ethereum’s market capitalization now stands at $428.319 billion, with a trading volume of $40.167 billion. The circulating supply remains at 120.436 million ETH, and the cryptocurrency has experienced a 78.18% increase in value over the past period, solidifying its position as the second-largest digital asset by market cap.
Meanwhile, Binance Coin (BNB) bucked the trend with a positive movement, gaining $11.20, or 1.76%, to reach $648.30. With a market cap of $93.361 billion and a trading volume of $2.695 billion, BNB continues to perform well, driven by its essential role within the Binance ecosystem. Its circulating supply stands at 144.01 million BNB, and it has posted a 183.26% increase over recent periods.
Other notable cryptocurrencies experienced larger fluctuations. Solana (SOL) saw a significant drop of 2.19%, losing $5.25 to reach $234.74. Solana’s market cap is now at $111.479 billion, with a trading volume of $4.82 billion. The circulating supply is 474.91 million SOL, and the asset has seen a 309.01% increase in value over recent periods.
XRP also faced a notable decrease, falling by 2.91% or $0.0434, trading at $1.4460. XRP’s market capitalization is now $82.422 billion, with a trading volume of $5.895 billion. The circulating supply is 56.999 billion XRP, reflecting a 142.89% growth in the cryptocurrency’s value over the past period.
Dogecoin (DOGE) continued its downward trend with a 0.98% decrease, falling by $0.0039 to $0.3962. The meme-inspired cryptocurrency’s market cap stands at $58.239 billion, with a trading volume of $6.666 billion.
In contrast, Tether (USDT) and USD Coin (USDC) saw only minimal changes, reflecting their status as stablecoins. USDT fell by 0.04%, while USDC dropped by just 0.03%.
The Lido Staked Ethereum (STETH) experienced a small gain, increasing by 0.02%, trading at $3,557.79. This increase is a positive sign for those holding staked Ethereum within the Lido platform.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. The information provided is based on the latest available data and may not reflect current market conditions. Always conduct your own research or consult a financial advisor before making investment decisions.