Crypto Price Today (Nov 19th, 2024): Bitcoin Price Surges Above $92k

The present crypto market has been exhibiting optimistic momentum since Asian buying and selling hours, with the market capitalization growing by 1.74% to $3.08 trillion. Buying and selling exercise can also be up, with 24-hour quantity rising 19.13% to $186.37 billion. Consequently, market sentiment is bullish, which is obvious from the Concern & Greed Index’s “Excessive Greed” rating of 83.

Bitcoin ETF to Increase Market Momentum?

Bitcoin, which maintains its market dominance at 58.85%, has continued its upward projection and is now buying and selling at $92,089.72, up 1.78% within the 24 hours. Intraday buying and selling quantity elevated by a outstanding 36.90% to $70.18 billion, pushing the market capitalization to $1.82 trillion.

In thrilling information, the Choices Clearing Company (OCC) has confirmed its willingness to clear and settle choices on spot Bitcoin ETFs. Market buzz anticipates the debut of Bitcoin ETF choices on Nasdaq, fueling investor confidence and driving file inflows.

Interested in BTC’s prospects? Our complete Bitcoin value prediction can present the solutions you might be searching for.

Altcoin watch: ETH, SOL, XRP

Ethereum has posted a outstanding achieve of two.45%, pushing its value to $3,147.62 and cementing its place as a serious participant within the crypto business. Solana has mirrored this optimistic transfer, rising 1.36% to $246.01. Conversely, XRP has suffered a minor setback, falling 0.92% to $1.12 regardless of the broader market rally.

For a better take a look at what the longer term might maintain for Ethereum, try our Ethereum value forecast.

High winners and losers

Hedera leads the highest 100 altcoins, rising 30.47% to $0.1445. Tezos is subsequent with a 32.97% achieve to $1.12, whereas Brett is up a wholesome 13.35% to $0.1828. However, Cronos is struggling, down 12.41% to $0.1695, alongside Flare and Ethena, that are down 2.90% and a pair of.39% to $0.02051 and $0.5571, respectively.

With the market exhibiting sturdy momentum, particularly in Bitcoin and choose altcoins, traders are preserving an in depth eye on how November is shaping as much as be an eventful month for crypto fans.

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