Crypto News Today (Nov 20th, 2024): Bitcoin Hits New ATH Above $94k | BONK Memecoin Tops Gainers

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The post Crypto News Today (Nov 20th, 2024): Bitcoin Hits New ATH Above $94k | BONK Memecoin Tops Gainers appeared first on Coinpedia Fintech News

The crypto market today has been experiencing mixed signals, while Bitcoin rushed to a new ATH, altcoins continued the sideways trend. As a result, with a slight decline of 0.24%, the market cap now totals $3.08 trillion. Meanwhile, the trade in the business has also dropped by 8.41% to $181.82 billion. Despite the overall market being skeptical, investors remain in a positive mood, as Bitcoin claimed a new all-time high.

Bitcoin Price Climbs to Another All-Time High

Bitcoin has continued to amaze folks, as it broke past its previous records, to hit a new ATH of $94,002.87. BTC is currently changing hands at $92,403.47, with a 1.1% price spike over the previous day. Despite the 2.24% fall in intraday trade volumes, Bitcoin’s market dominance stands undeterred at a solid 59.4%. The healthy momentum of BTC could be a resultant of the growing institutional investments from BlackRock and Donald Trump’s media venture.

Explore our detailed Bitcoin Price Prediction to see if BTC’s momentum will hold.

Altcoin Overview: BONK Leads Top 100 with 10.92% Surge!

Ethereum price has posted a modest 0.51% drop, presently priced at $3,110.13. Solana registered a sharper pullback, declining by 2.73% to $234.57. XRP mirrored this momentum, slipping 2.70% to $1.08, reflecting broader market hesitancy in the altcoin space.

Dive deeper into Ethereum’s future with our comprehensive Ethereum Price Prediction.

Top Gainers:

Bonk led the day with an impressive 10.92% rise, trading at $0.00005463.
LEO also climbed 7.71% to $8.36.
RNDR saw a healthy 7.53% boost, reaching $7.99.

Top Losers:

HBAR saw the most notable drop, plummeting 20.75% to $0.1197.
KAS and AKT also faced declines, falling 10.50% and 9.22%, respectively.

The crypto landscape remains vibrant and volatile, with Bitcoin’s newfound strength captivating investors. Stay updated as market dynamics shift with evolving sentiments and institutional involvement.

For more cryptocurrency insights and updates, keep following our daily reports.