Crypto Prices Today: Market Advances As BTC, Pepe Coin, SNX Soars
Release: 2023/11/20 16:16 Reading: 437
The crypto prices today have been moving towards the north on Monday, November 20, as the investors seem to have regained confidence in the market. The market has been in a bullish run lately, mainly due to optimism and speculations over Bitcoin Spot ETF approval.
However, the market reversed its bullish course last week, wiping off some of its recent weeks’ gains, as the traders stayed cautious. Meanwhile, BlackRock filed Spot Ethereum ETF last week, but the SEC seems to be delaying its decision across all the ETFs in the US, raising concerns in the market.
Notably, the investors will be closely watching the FOMC minutes that are scheduled to be released on Tuesday, November 21. It is an important event this week, which would provide insights on the current economic health and the Fed’s potential move with their rate hike plans in the coming days.
Among individual crypto prices, the Bitcoin price was up 1.77% to $37,157.93 during writing, with its trading volume soaring 20.11% to $14 billion. The recent gains in the crypto’s price have also helped it to erase some of its recent losses, as evidenced by a surge of around 0.53% in its price over the last seven days.
In addition, the Ethereum price noted gains of 2.45% and traded at $2,002.57, while its trading volume over the last 24 hours fell 5.46% to $7.73 billion. Simultaneously, the XRP price surged 2.69% to $0.6239, with its one-day trading volume rising 21.75% to $1 billion.
On the other hand, the Solana price rose 3.38% to $59.98 during writing, while the Cardano price added 2.13% to $0.3832. The trading volume of the former crypto was up 11.47% to $2.04 billion, while the latter’s one-day trading volume plunged 21.86% to $282.61 million.
Talking about the meme coin segment, the Dogecoin price increased by 2.32% to $0.08025, while its volume slumped 55.99% to $541.48 million. Additionally, the Shiba Inu price rose 2.13% to $0.000008632, and its volume fell 28.54% to $107.61 million.
In the meantime, the current increase in the prices of most major cryptocurrencies today has contributed to the overall market gains. The overall market capitalization of the global cryptocurrency market has risen by 1.79% since yesterday, reaching $1.41 trillion, while the total trading volume has decreased by 1.12% to $39.87 billion. It is worth mentioning that the fear and greed index in the crypto market is currently at 74, indicating a prevailing sentiment of greed among investors.
Also Read: AVAX Price Shoots 8% On Avalanche’s Key Partnership With Republic
The Top 4 Cryptos For Today Are
Pepe Coin Rises 9%
On November 20, the price of Pepe Coin experienced an increase of 8.89% and reached a trading value of $0.000001229. Furthermore, the trading volume of the coin soared by 78.83% in the past 24 hours, reaching a staggering $92.87 million. It appears that the meme coin has attracted substantial interest from investors, as evidenced by its impressive price surge of over 90% in the last 30 days at its current value.
Synthetix (SNX) Adds 21%
As of Monday, the price of Synthetix increased by 21.14% and reached $3.56. This suggests that market participants are showing more interest in this cryptocurrency. It is worth mentioning that the recent price gains have made Synthetix one of the top performers in today's trading session. Furthermore, the trading volume for Synthetix surged by 106.89% to $151.83 million compared to the previous day.
NEAR Protocol (NEAR) Soars 14%
NEAR Protocol is another cryptocurrency that experienced significant gains during today's trading session. As of now, its price stands at $2.03, indicating a surge of 14.26% within the last 24 hours. Interestingly, the trading volume for NEAR Protocol has also seen a remarkable increase, rising by 60.88% to reach $289.68 million compared to the previous day. It's worth noting that this digital asset has been experiencing a positive trend in recent weeks, as evidenced by a price surge of approximately 104% over the past 30 days.
Arweave (AR) Gains 12%
On Monday, the price of Arweave soared by 12.03% and reached $8.95. Additionally, the trading volume for Arweave in the past 24 hours surged by 110.89% to $51.96 million. Despite the absence of any evident news regarding the sudden increase in the cryptocurrency's price, it appears that the overall market's positive momentum has contributed to its gains.
Also Read: Sam Altman Planned to Take On Nvidia With AI-Focused Chips
The post Crypto Prices Today: Market Advances As BTC, Pepe Coin, SNX Soars appeared first on CoinGape.
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