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November 5, 2024
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Bitcoin

Bitcoin & Pepe Coin Grapple With Dip, Conflux Leads Rally


The crypto prices today a rather volatile session for the top digital currencies, including Bitcoin (BTC). The Bitcoin price surged past $42,000 lately, marking a massive rebound after falling below $39,000. However it’s struggling to maintain the gaining momentum and witnessed a dip in value. In addition, Ethereum (ETH) followed the lead with a drop in a price.

Major Crypto Prices Today

Bitcoin’s value surpassed the $42,000 mark recently owing to the significant attempts to rebound. The Bitcoin price dropped 0.35%, settling at $42,249.85 at the time of reporting on Monday, January 29. However, it’s trading volume surged by a massive 39.87% to $16.79 billion in the last 24 hours. Whilst, the crypto held a market cap of $828.45 billion

In the altcoins arena, the Ethereum price dipped by 0.78% to $2,269.18 at press time with market valuation of $272.69 billion. On the contrary, ETH recorded a 33.02% hike in its trade volume, reaching $7.16 billion. Furthermore, the Binance Coin (BNB) price lost 0.05% in value, reaching $306.06, while its 24-hour trade volume soared by 12.66% to $770.75 million.

On the other hand, the Solana price boosted by 0.82%, reaching $97.37. Moreover, SOL spiked by 67.62% in trade volume to $2.38 billion in the last 24 hours. Furthermore, the XRP price decline finally came to a halt. The XRP price witnessed a dump of 0.79%, reaching $0.5287. In contrast, XRP’s trading volume increased by 27.46% to $562.63 million.

Meanwhile, the Cardano price slumped by 0.66% to $0.4929. However, it recorded a 30.70% increase in its 24-hour trading volume, settling at $338.26 million. Whilst, in the meme coin domain, the Dogecoin price tumbled by 2.30% to $0.07904 while its rival, Shiba Inu, saw its price plunge by 1.57% and traded at $0.000009057.

Also Read: Bitcoin vs Ethereum: Numbers Explain Which Has Higher Growth Potential

Top Crypto Prices Today Are

Pepe Coin Price Crash Continues

Pepe Coin 1-day Graph, Source: CoinMarketCap

The Pepe Coin (PEPE), a trending meme crypto, extended significant declines in today’s trading session. The Pepe Coin price dropped 4.11% to $0.000001061 with a market valuation of $444.60 million. However, its 24-hour trade volume surged by 18.80% to $50.32 million.

Conflux Emerges As Top Gainer

Conflux 1-day Graph, Source: CoinMarketCap

The Coinflux Network’s native crypto, Conflux (CFX), recorded massive gains on Monday. At press time, the CFX price was up by 10.63% to $0.2452, making Conflux the top gainer in the market today. Moreover, its trade volume soared by 12.07% to $128.70 million.

Injective Registers A Rebound

Injective 1-day Graph, Source: CoinMarketCap

The Cosmos ecosystem participant, Injective (INJ) witnessed a notable upswing today. The INJ price increased by 2.96% to $37.89 at the time of reporting. In addition, its trade volume spiked by a staggering 76.12% to $192.67 million. Furthermore, Injective recorded a high of $38.52 amid the bullish rally.

Also Read: Shiba Inu Burn Rate Skyrockets 1539% as SHIB Price Stabilizes



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