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A comprehensive analysis of crypto market prices on November 9: BTC breaks through a new high of $77,000, CRO soars 17%, and GOAT plummets 10%!

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The crypto market is in turmoil! Bitcoin (BTC) soared to a new high of $77,000, Ethereum (ETH) and Solana (SOL) saw strong increases, while XRP experienced violent fluctuations and fell into a trough! At the same time, the meme coin sector continues to experience a crazy roller coaster, who will emerge victorious in this storm? The global crypto market cap surged 1.25% to $2.59 trillion, but the total market cap unexpectedly contracted 8% to $124.72 billion! In this volatile market, BTC has once again hit a new all-time high, while the top altcoins have had mixed fortunes. Cronos (CRO) has been on a roll, becoming the biggest winner, while Goatseus Maximus (GOAT) has unexpectedly plummeted and been "halved"! Let's unveil the details of today's market and delve into the trends of the major cryptocurrencies. Bitcoin (BTC) price overview Bitcoin rose slightly by 0.5% in the past 24 hours, standing firm at $76,339, with a high of $77,252 during the session. Its market cap has risen to $1.51 trillion. Meanwhile, the inflow of funds into the Bitcoin ETF spot reached $87.35 million, igniting a bullish BTC trend. CoinGape Media pointed out that the surge in new Bitcoin wallet addresses may signal strong upside potential in the future. Nevertheless, Bitcoin's market dominance has slightly decreased to 58.39%. Ethereum (ETH) price dynamics Ethereum has staged a modest rebound, rising 2.21% in the past 24 hours, currently trading at $2,968. It broke through the $2,996 mark during the session, with its market cap rising to $357.48 billion. Although the SEC has delayed the launch of the Ethereum ETF options, ETH has still performed impressively in the market, with a $26.09 million inflow into the spot ETF yesterday, adding a touch of mystery to its upward trend. Solana (SOL) price today As of the time of writing, the value of the cryptocurrency SOL has risen slightly by 0.5% to $200. The token's intraday low and high were $196.64 and $204.97 respectively. Solana's market cap is estimated at $94.32 billion today. In line with the current broader market trend, the token has faced volatility. XRP price today Additionally, the XRP price has fallen nearly 0.5% in the past 24 hours, currently at $0.547. The token's intraday low and high were $0.543 and $0.5576 respectively. XRP's market cap reached $31.1 billion today. It is also worth noting that the Ripple-backed token has recently been added to Binance's smart order routing product, generating market interest. Meme Coins performance today Meanwhile, the price of Dogecoin (DOGE) has risen nearly 2% in the past 24 hours, currently trading at $0.1992. The token's intraday low and high were $0.1913 and $0.2066 respectively. However, the price of Shiba Inu (SHIB) has fallen nearly 2% in the past 24 hours, currently trading at $0.00001869. Additionally, the prices of PEPE, WIF, and BONK have fallen 1%-4% over the past day. Today's crypto market is once again in the spotlight, with the top-performing star tokens shining brightly! Cronos (CRO) has surged nearly 16%, currently at $0.1046, with an intraday range of $0.09125 to $0.1143, becoming the biggest gainer of the day! Polygon (MATIC) has jumped nearly 11%, trading at $0.3801, with an intraday low of $0.3415 and a high of $0.4052, continuing to attract investor attention. Beam (BEAM) has also put on an impressive performance, soaring nearly 8% in 24 hours, currently trading at $0.02074, with an intraday low of $0.0187 and a high of $0.02132. However, the market has also seen some "big losers": Goatseus Maximus (GOAT) has suffered a severe crash, plummeting nearly 13%, currently at $0.7453, with a 24-hour low of $0.7312 and a high of $0.8587. The price of Meow (MEW) has slid about 6%, currently at $0.009083, with an intraday low of $0.00899 and a high of $0.00984. Neiro (NEIRO) has also not been spared, with its price falling nearly 9%, currently at $0.002239, reaching a low of $0.002171 and a high of $0.002496. Additionally, BTC has risen 0.06%, while ETH has slipped 0.16%, leaving the crypto market in a state of uncertainty. With the heated discussions surrounding the US election, particularly the anticipated surge in sentiment if Trump wins, the general market forecast is that cryptocurrency prices are likely to continue rising, and investor enthusiasm will further drive a new wave of market highs!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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