The worldwide cryptocurrency market confirmed combined traits on November 30, 2024, with notable value modifications, market capitalization, and buying and selling volumes. The Phoenix Group launched an insightful abstract of the crypto market by its official X account, highlighting the important thing developments and traits. In line with the information, the cryptocurrency market consisted of 31,301 cash and tokens with an general market capitalization of $3.41 trillion. The buying and selling quantity remained lively over the past 24 hours at $179.07 billion.
Day by day Abstract on November 30, 2024$HYPE $ENS $CORE $ALGO $FLR $BTC $XRP $ETH $DOGE $ACT#dailysummary #DeFi #Crypto pic.twitter.com/oBPwZsS1VC
— PHOENIX – Crypto Information & Analytics (@pnxgrp) November 30, 2024
Crypto Market Overview, Bitcoin ($BTC), and Ethereum ($ETH) Main the Market
Bitcoin ($BTC), the globally main cryptocurrency, is dominating at 56.1%, with its value standing at $96,742. Its robust impression available on the market persists because the decentralized finance (DeFi) whole worth locked (TVL) reached $201.17 billion. Ethereum ($ETH) adopted the second-largest digital forex, with every coin priced at $3,683 and having a dominance of 13%. Gasoline charges for $ETH remained comparatively low at 8 Gwei, supporting transaction affordability.
A number of cryptocurrencies skilled notable value actions through the day. $HYPE recorded a dip of -6.26% and a bounce of 72.97% acquire, indicating excessive volatility. $ENS and CORE additionally exhibited vital value actions, showcasing 32.62% and 30.62% bounces, respectively.
Different cash comparable to $ALGO and $FLR, additionally confirmed optimistic momentum, gaining 25.40% and 20.28%, respectively. Nonetheless, some belongings confronted declines, indicating the unstable nature of the market.
Vital Liquidations and Concern & Greed Index
The 24-hour liquidation knowledge revealed that Bitcoin topped the liquidation chart, with a complete worth of $79.92 million, adopted by $XRP, $ETH, $DOGE, and $ACT, with $34.80 million, $34.12 million, $17.19 million, and $9.20 million respectively. This knowledge displays heightened market exercise and leveraged buying and selling positions being affected by value volatility.
The crypto worry and greed index stood at 78, indicating a state of maximum greed. This sentiment suggests a bullish outlook as merchants displayed confidence in market traits. Moreover, the DeFi sector stays a key focus, with its TVL surpassing $200 billion, signifying continued progress and adoption.
