Crypto Prices Today: BTC, Pepe Coin Decline While YFI Rallies
Release: 2023/11/17 15:16 Reading: 378
The crypto prices today were in the red, as the investors seem to be closing their positions on the major cryptocurrencies. Meanwhile, the decline in the market started on November 16, after news broke out that BlackRock officially filed for Ethereum ETF with the SEC.
Although the news should have bolstered gains in the market, the situation was somewhat different following the news. The investors seem to have predicted a correction in the market, which triggered a sell-off in the digital asset space, as evidenced by the price performance of the cryptos.
Talking about the crypto prices, Bitcoin price slumped 2.66% to $36,422.03 during writing on November 17, while its trading volume over the last 24 hours fell 9.21% to $25.59 billion. However, despite the recent declines, the price of the largest crypto by market cap was up over 29% over the last 30 days.
On the other hand, the Ethereum price has witnessed a slump of 3.36% to trade at $1,984.11, while its volume over the last 24 hours jumped 12.06% to $14.39 billion. Simultaneously, the BNB price slipped 3.18% to $244.22 during writing, with its trading volume soaring 1.91% to $937.04 million.
The XRP price was also down 4.80% to $0.6206 during writing, and its volume added 21.19% to $1.75 billion over the last 24 hours. In addition, the Solana price plummeted 10.48% to $58.62, with its trading volume remaining flat at around $4 billion.
However, the situation was somewhat different for the meme coin, Dogecoin. The Dogecoin price has added 6.48% during the writing and traded at $0.08161, while its trading volume rocketed 224.27% to $1.73 billion. In contrast, the Shiba Inu price was down 1.61% to $0.000008615, while its volume rose 67.44% to $278.26 million.
Meanwhile, the losses in the major crypto prices today have wiped off gains from the broader market on Friday. As of writing, the global cryptocurrency market cap was down 2.48% to $1.39 trillion, and its overall market volume was up 3.25% over the last 24 hours to $71.17 billion. Notably, the fear and greed index was at 71, indicating a greed sentiment hovering around the market.
Also Read: DOGE Price Gives Potential Breakout Surging 5%, Transaction Volumes At 3-Month High
The Top 4 Cryptos For Today Are
Pepe Coin Plunges 7%
The popular meme coin, Pepe Coin price has witnessed a decline of 6.79% to trade at $0.000001174 during writing on Friday, reflecting the downturn momentum in the broader market. In addition, the trading volume of the meme coin slumped 10% to $134.53 million during writing.
yearn.finance (YFI) Adds 9%
The yearn.finance cryptocurrency demonstrated strong resilience to the current market downturn and emerged as one of the top gainers on November 17. Over the past 24 hours, the price of yearn.finance increased by 9.01% and reached $13,960.93 at the time of writing. Additionally, its trading volume experienced a significant surge of 48.96%, reaching $379.43 million.
Kaspa (KAS) Soars Over 11%
The Kaspa cryptocurrency has been experiencing a bullish trend in recent days, as indicated by the significant increase in its price. As of Friday, the price of Kaspa had risen by 11.07% and was trading at $0.1308. Furthermore, its trading volume over the past 24 hours surged by 74.26% to reach $276.97 million. It is worth mentioning that the crypto's price has grown by nearly 190% in the past month.
Mantle (MNT) Jumps 11%
On November 17, the Mantle cryptocurrency stood out as one of the top gainers, defying the overall trend in the crypto market. Its price surged by 10.78% and reached $0.5092 at the time of writing. Additionally, its trading volume witnessed a significant increase of 79.27% in the past 24 hours, totaling $135.40 million. As of today, the crypto has experienced a remarkable growth of almost 55% in the last 30 days.
Also Read: Bitcoin (BTC) Price Dramatically Slumps, Top Analyst Identifies Opportunity
The post Crypto Prices Today: BTC, Pepe Coin Decline While YFI Rallies appeared first on CoinGape.
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