Cryptocurrency prices today have continued to move south as investors seem to be assessing the current market scenario. Meanwhile, the market has seen significant gains in recent weeks, sending cryptocurrencies like Bitcoin to their yearly high last week.
However, the current week seems to have lost the bullish momentum that has been seen in recent days. According to several experts, the recent market decline could be due to a cautious stance on the part of investors. In other words, investors appear to be assessing the possible direction the market could take in the coming days.
In cryptocurrency prices, Bitcoin price fell by 0.52% to $37,106.45, while its trading volume in the last 24 hours increased by 24.75% to $18.53 billion. Notably, the crypto has hit a 24-hour high and low of $37,450.12 and $36,750.13 respectively, indicating the highly volatile scenario in the digital asset space recently.
Among other major cryptocurrencies, the second largest cryptocurrency by market capitalization, Ethereum price fell 1.02% to $2,025.10, and its trading volume increased 18.58% to $10.2 billion in recent 24 hours. On the other hand, the price of BNB plummeted by 1.03% to $226.57 at the time of writing, while its volume increased by 24.13% compared to yesterday to $777.98 million. .
At the same time, the price of XRP lost 0.92% to $0.6045, and its trading volume decreased by 14% to $1.08 billion. Additionally, Solana price plunged 3.19% to $54.98, while Cardano price dropped 2.14% to $0.377 in the last 24 hours.
Meme coins have also noted bearish sentiment amid slowing momentum in the broader market. For example, Dogecoin price fell 0.46% to $0.07813 during writing, and its volume increased 56.18% from yesterday to $679.51 million. Furthermore, the Shiba Inu price dropped by 1.55% and was trading at 0.000008144 at the same time.
Meanwhile, the fall in cryptocurrency prices on November 28 has also erased gains from the broader market. At the time of writing, the global crypto market capitalization lost 0.77% to $1.41 trillion, and its trading volume skyrocketed 17.06% to $50.48 billion.
Notably, the cryptocurrency market’s fear and greed index also declined to 69 from around 77 last week, suggesting declining confidence in the market. However, still, the reading remained in the greed zone, which also indicates that the market could continue its bull run in the coming days.
Also read: US SEC investigates whether CZ still has access to Binance US funds
Today’s top 4 cryptocurrencies are
Pepe Coin falls 3%
The Pepe coin price lost 2.64% and was trading at $0.000001068 on Tuesday, reflecting the bearish momentum seen in the broader crypto market. With its recent loss, the cryptocurrency’s price plummeted more than 12% in the last 30 days. Meanwhile, its trading volume yesterday also lost 9.39% to $66.99 million.
Pepe Coin Chart
Celestia (TIA) adds 5%
Despite a drop in overall market performance, the Celestial cryptocurrency appears to have maintained a northward movement on November 28. Celestia price soared by 5.37% to trade at $5.66, while its trading volume in the last 24 hours increased by 76.06% to $173.49 million. suggesting growing interest from investors.
Celestia (TIA) Cryptocurrency Chart
Uniswap (UNI) advances 5%
Uniswap price rose 5.53% to $6.44 at the time of writing on Tuesday, and its trading volume soared 61.30% to $248.96 million. Meanwhile, in the last 30 days, the price of the cryptocurrency has increased by almost 60%, while it has increased by approximately 25% in the last seven days.
Uniswap (UNI) Chart
Toncoin (TON) soars 3%
Toncoin was another major cryptocurrency market driver on November 28, suggesting growing investor confidence towards cryptocurrencies. Meanwhile, Toncoin price rose by 3.18% to trade at $2.44 at the time of writing, while its trading volume increased by 83.87% to $59.04 million at the same time. .
Toncoin (TON) Cryptocurrency Chart
Also Read: Macro Guru Predicts Timeline for Bitcoin (BTC) Price to Hit $100,000
