The post Cryptocurrency Prices Today (Nov 12th, 2024): Bitcoin Price to Hit $90k Next? appeared first on Coinpedia Fintech News
The cryptocurrency prices today have portrayed remarkable numbers on their daily charts. The extended run comes in view of Donald Trump’s election win, hopes of a favorable crypto ecosystem, Federal Reserve’s decision to slash interest rates. And the historical “Moonvember”, that has fostered excitement and optimism among traders and analysts. Talking about numbers, the industry’s market cap climbed 4.32% in the past 24 hours to $2.91 trillion, with the trading volume surging by 46.76% to $352.42 billion. While the numbers have corrected since the Asian hours, the Fear & Greed Index continues to reflect “Extreme Greed”, with the current score of 84.
Will Bitcoin Price Soar to $90k Next?
Bitcoin (BTC) has set a new benchmark, by hitting an all-time high (ATH) of $89,604.50 before correcting back to $87,781.23, marking a 6.86% spike in the last 24 hours. BTC’s trading volume too witnessed a 94.75% jump to $154.76 billion, as the market cap rose to $1.72 trillion. With a dominance of 59.01%, analysts are expecting Bitcoin’s bullish momentum to take its price to $90k next.
Curious about where BTC is headed next? Explore our Bitcoin Price Prediction.
ETH Sees Modest Gains, SOL Slips, XRP Shines
Ethereum price has managed to upkeep with the broader market’s optimistic sentiment, registering a 2.78% increase to $3,292.85. On the other hand, Solana toiled with a 2.33% plunge, trading at $213.35. In the meantime, XRP price surged by 10.47% to $0.6493, leading gains among top altcoins.
Read our in-depth analysis of the Ethereum Price Prediction.
Top Gainers & Losers
Cronos (CRO) made it to the spotlight, rising 26.26% to $0.1844, while Aioz Network (AIOZ) topped with an impressive 41.47% surge, reaching $0.7215. Dogecoin (DOGE) also saw a robust 35.91% growth, trading at $0.3972.
Conversely, Raydium (RAY) led the losers, dropping 17.04% to $4.71. Kaspa (KAS) and Helium (HNT) followed, with declines of 9.24% and 7.36%, respectively.
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