Bitcoin Price Today: The cryptocurrency market is experiencing significant activity these days. This is due to Coinbase transferring 800,000 Bitcoins from an old wallet to a Segwit wallet between November 22nd and 28th. The market misinterpreted this large transfer as a massive selling signal, which led to panic among investors and a short-term sell-off. Let’s find out the current prices of major cryptocurrencies like Bitcoin, Ethereum, and Solana.
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Current State of the Crypto Market
The total crypto market cap has currently reached $3.03 trillion. The market saw a significant decline in early November, but the situation appears to be gradually improving. Both Bitcoin and Ethereum are trading near their resistance levels. Meanwhile, decisions from the Federal Bank meeting on December 1st could further impact the market.
Prices of the Top 10 Cryptocurrencies
Bitcoin (BTC): Up 0.05% in the past 24 hours to $91,348.76. Its market cap has reached $1.82 trillion.
Ethereum (ETH): Down 1.13% to $3,016.47. It has declined 24.75% in a month, but gained 7.6% in the past week.
Tether (USDT): Up slightly to $0.9999.
XRP: Down 1.25% in the past 24 hours to $2.18. It has declined by over 16% in a month.
BNB: Down 0.24% to $895.10.
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Solana (SOL): Down 2% to $139.94.
USDC (USDC): Trading at $0.9997 with moderate movement as usual.
Tron (TRX): Up 1.11% to $0.2800.
Dogecoin (DOGE): Down 2.37% to $0.1509.
Cardano (ADA): Down 1.73% to $0.4260 in the last 24 hours.