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Crypto Prices Today Spark Optimism: BTC & Top Altcoins Gain

Mary-Kate Olsen
Release: 2024-11-07 15:06:19
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Crypto prices today have maintained a bullish movement, solidifying investor optimism across the industry. Bitcoin (BTC) price briefly touched the $76K mark, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green.

Crypto Prices Today Spark Optimism: BTC & Top Altcoins Gain

Crypto prices today have maintained a bullish movement, solidifying investor optimism across the industry. Bitcoin (BTC) price briefly touched the $76K mark, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green. However, Dogecoin (DOGE) price witnessed a remarkable drop in value, defying the broader market sentiment post-Donald Trump’s win in the U.S. elections.

Besides, the global crypto market cap soared over 4% intraday to reach $2.54 trillion. Further, the total market volume witnessed an 86.5% increase in value to $214.56 billion. Here’s a brief overview of some of the top cryptocurrencies by market cap and their price movements today, November 7.

Crypto Prices Today Spark Optimism: BTC & Top Altcoins Gain

While BTC briefly topped the $76K mark over the past day after the U.S. elections concluded, the altcoins sector mirrored a bullish movement. ETH, SOL, and XRP prices gained 3%-10% on Thursday. However, Dogecoin price dipped notably, sparking concerns despite Trump’s recent win. Also, NEIRO emerged as the day’s top market gainer. So. let’s dig deeper into the coins’ prices today.

Bitcoin Price Today

BTC price gained nearly 1% in the past 24 hours and is now trading at $75,202. The flagship crypto’s intraday low and high were $72,733.32 and $76,460.15, respectively. Notably, the intraday high also marks a new ATH for BTC price. Further, Bitcoin’s market cap was evaluated to be $1.49 trillion today. However, the coin’s market dominance witnessed a 1.18% decrease over the past day to 58.53%. Nevertheless, BTC’s rising price action falls in line with $691.01 million worth of inflows in spot Bitcoin ETFs, excluding BlackRock data as of November 6, per Sosovalue data.

Ethereum Price Today

ETH price on Thursday witnessed an uptick of over 10%, reaching $2,859. The coin’s intraday low and high were recorded as $2,563.82 and $2,878.75, respectively. Ethereum’s market cap reached $344.10 billion today. Moreover, the coin’s rising movement also falls in line with $52.29 million worth of inflows in ETH ETFs as of November 6, excluding BlackRock ETHA data. However, an Ethereum price analysis by CoinGape Media indicated that ETH could not witness another ATH despite the boost by U.S. elections due to whales’ continued selling.

Solana Price Today

The crypto SOl witnessed a 3% rise in value and is currently sitting at $189.17. The coin’s intraday low and high were $180.35 and $191.79, respectively. Solana’s market cap was evaluated as $89.20 billion today. Notably, Pumpfum was reported to have sold nearly $6 million worth of SOL amid the coin’s recent price upswing.

XRP Price Today

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