Crypto Price Update November 25, 2024 – The cryptocurrency market on November 25, 2024, displayed mixed movements. Bitcoin remained relatively stable, while several altcoins saw notable declines. The global market cap stood at $3.577 trillion, with a 24-hour trading volume of $198.12 billion. Below is a detailed overview of the market's key players and their price action.
Bitcoin traded at $97,739.60, registering a slight increase of +0.06% in the last 24 hours. The trading volume for Bitcoin was $53.25 billion, with a market capitalization of $1.934 trillion. Bitcoin maintained dominance at 54.19% of the total market, solidifying its leading position in the crypto landscape.
Ethereum experienced a minor decline of -0.75%, trading at $3,383.14. The 24-hour trading volume for Ethereum was $28.48 billion, while its market cap stood at $407.46 billion. Ethereum remained the second most dominant cryptocurrency, holding 11.39% of the total market.
Tether, the leading stablecoin, maintained its peg at $0.9997, with a +0.35% change over the last 24 hours. The trading volume for Tether reached an impressive $159.72 billion, while its market cap stood at $132.54 billion, reflecting its crucial role in providing liquidity.
Solana faced a decline of -1.47%, trading at $252.82. Its 24-hour trading volume was $5.35 billion, with a market capitalization of $120.02 billion. Solana's performance reflected continued interest in its blockchain ecosystem despite the slight dip.
Binance Coin traded at $658.87, recording an increase of +0.49% in the last 24 hours. The 24-hour trading volume for BNB was $3.11 billion, with a market capitalization of $94.92 billion. BNB continued to hold steady, supported by the Binance ecosystem.
XRP dropped by -1.15%, trading at $1.45. The trading volume for XRP reached $11.67 billion, while its market capitalization stood at $82.47 billion. XRP displayed moderate volatility, attracting active participation in the market.
Dogecoin declined by -2.85%, with a current price of $0.4246. Its 24-hour trading volume reached $11.13 billion, while the market cap stood at $62.39 billion. Dogecoin's price action reflected typical meme coin volatility.
USD Coin, another leading stablecoin, traded at $0.9987, with a +0.35% change in the past 24 hours. The 24-hour trading volume was $8.71 billion, with a market cap of $38.92 billion, reaffirming its importance as a reliable stable asset.
Cardano saw a decline of -1.35%, trading at $1.06. The trading volume for ADA was $3.71 billion, with a market cap of $37.03 billion. Cardano remained a strong contender in the blockchain space despite minor price fluctuations.
TRON faced a drop of -2.68%, with its price at $0.209. The trading volume was $1.3 billion, and its market cap stood at $18.04 billion. TRON continued to see active trading, though it encountered bearish pressure.
Avalanche traded at $41.98, with a slight decline of -0.32%. Its 24-hour trading volume reached $1.36 billion, while the market cap was $17.18 billion. Avalanche remained a key player in decentralized finance (DeFi) and blockchain ecosystems.
Stellar experienced one of the sharpest declines, losing -10.75% to trade at $0.5406. The trading volume was $9.06 billion, and the market cap fell to $16.24 billion. Stellar faced significant selling pressure, leading to its steep drop.
Wrapped Bitcoin mirrored Bitcoin's performance, trading at $97,504.97, with a +0.09% change. The trading volume was $480.2 million, and the market cap stood at $15.9 billion, maintaining its utility in decentralized finance.
Toncoin dropped by -4.66%, trading at $6.10. The trading volume was $754.55 million, with a market cap of $15.55 billion. Toncoin saw increased activity but remained under bearish pressure.
Shiba Inu faced a decline of -4.82%, trading at $0.00002558. The 24-hour trading volume reached $1.85 billion, while the market cap was $15.08 billion. Shiba Inu's performance highlighted ongoing interest in meme coins despite volatility.
Polkadot traded at $8.87, down by -4.30%. The trading volume for DOT was $2.14 billion, with a market capitalization of $13.49 billion. Polkadot maintained its position as a leading blockchain network despite the dip.
Chainlink experienced a price increase of +2.31%, trading at $18.26. Its 24-hour trading volume reached $1.07 billion, and the market cap stood at $11.44 billion. Chainlink's price action reflected positive momentum in the market.
The cryptocurrency market on November 25, 2024, showcased mixed results. Bitcoin and stablecoins displayed stability, while altcoins like Stellar, TRON, and Cardano saw moderate declines. The overall market cap remained above $3.5 trillion, with Bitcoin maintaining its dominance at 54.19%. Trading volumes across major tokens indicated sustained market activity despite minor corrections.