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Crypto market snapshot Nov 26: Bitcoin dips below $95K; ARB, LDO up 6%

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Written on Nov 26, 2024
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  • Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K.
  • Lido DAO (LDO) and Arbitrum (ARB) emerged as the day’s top performers, gaining more than 6% each.
  • The meme coin segment saw declines, with Dogecoin (DOGE) falling 5% to $0.40 and Shiba Inu (SHIB) dropping 2%.

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Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment.

Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day’s top performers, gaining more than 6% each.

  • Bitcoin (BTC): Slipped to $95K, marking a 3% decline.
  • Ethereum (ETH): Gained 2%
  • Solana (SOL): Dropped by 6%.
  • Lido DAO (LDO): Soared 6%.
  • Arbitrum (ARB): Rose by 6%.

The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.

Here’s a breakdown of the top cryptocurrencies and their price movements today.

Bitcoin price today

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BTC is trading at $94,517, down 3% in the last 24 hours. Its intraday low and high were $92,642 and $98,935, respectively.

With a market cap of $1.87 trillion and a trading volume of $84 billion, Bitcoin maintains a dominance of 57.27% in the crypto market.

Corporate interest in Bitcoin persists, with Rumble, a cloud services platform, announcing a $20 million BTC allocation from its treasury.

Source: Coinmarketcap

However, a $684 million outflow from BTC ETFs on Monday signals cautious sentiment.

Ethereum price today

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ETH is trading at $3,432, up 3% over the past 24 hours. Its intraday range spans $3,349 to $3,545.

Ethereum’s market cap is $414 billion, with a 24-hour trading volume of $52 billion.

Souece: Coinmarketcap

ETH ETFs saw inflows of 283K units, according to preliminary data, suggesting rising institutional interest in the second-largest cryptocurrency by market cap.

Solana price today

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SOL is trading at $237, reflecting a 5% drop over the last 24 hours.

Its daily range was $231 to $256. Solana’s market cap is $112 billion, with a trading volume of $6.71 billion.

In ecosystem news, Solana’s memecoin launchpad, Pump Fun, has suspended its live streaming feature amid controversy over misuse.

Meanwhile, XRP is priced at $1.144, up 5% in the past day, with a trading range of $1.385 to $1.53. Its market cap stands at $82 billion, supported by a 24-hour trading volume of $11.4 billion.

Institutional interest continues to grow, with WisdomTree filing for an XRP ETF, signaling increased adoption in traditional financial markets.

Top gainers and losers

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Lido DAO (LDO) surged close to 7% to $1.60, with intraday highs of $1.764. Arbitrum (ARB) gained 7%, trading at $0.89.

Meanwhile, decentraland (MANA) fell 15%, trading at $0.62. The Sandbox (SAND) dropped 16% to $0.66, amid significant volatility.

The meme coin segment saw declines, with Dogecoin (DOGE) falling 5% to $0.40 and Shiba Inu (SHIB) dropping 2% to $0.00002504.

Source: Coinmarketcap

The cryptocurrency market remains volatile, with cautious sentiment dominating after a recent rally.

Investors continue to monitor ETF flows, corporate interest, and macroeconomic factors shaping market movements.

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