The cryptocurrency market continued to provide confidence to investors by maintaining its upward trend today. Bitcoin (BTC) $75,017 It briefly tested $76,000. Ethereum (ETH)
$2,827Solana (SOL) and XRP also gained value throughout the day. However, after Donald Trump’s election victory, Dogecoin
$0.191982 (DOGE) experienced a sharp decline, contrary to the general mood of the market.
Performance of Leading Cryptocurrencies
The global cryptocurrency market value increased by 4% on the day, reaching $2.54 trillion. Total transaction volume increased by 86.5% to 214.56 billion dollars. While popular cryptocurrencies such as Bitcoin, Ethereum and Solana rose, XRP also continued this positive movement. The biggest winner was NEIRO.
Today’s Highest Earners
NEIRO gained 34% in the last 24 hours, rising to $0.002022. Lido DAO (LDO) rose 31% to $1.38. Raydium (RAY) rose 25% to $4.51.
Biggest Losers of the Day
Dogecoin (DOGE) dropped 5.5% in the last 24 hours to $0.1958. Helium (HNT) traded down 2% at $6.23. Shiba Inu (SHIB) also fell 1.5%.
While this activity in the crypto market attracts the attention of investors, the performances of different cryptocurrencies continue to vary. While Bitcoin’s all-time high also supports some altcoins, declines in meme coins force investors to review their risk management strategies.
According to market data, Bitcoin’s rise is fueled by investments in spot Bitcoin ETFs. The increase in value in Ethereum and Solana increases the general market optimism. In contrast, declines in meme coins such as Dogecoin once again reveal the importance of risk management.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.