Market highlights November 8: Ether hits new record, Solana firmly sets foot in top 5

2021-11-8 12:44

Cryptos were mixed today. As a whole, the market registered gains. The total crypto market cap is nearing $3 trillion. US markets ended strong, closing at record highs on Friday. Job data released on Friday boosted Wall Street indices with higher-than-expected growth.  

Top cryptos

On Monday, Bitcoin began surging toward its all-time high. Ether hit a new record as cryptocurrencies rode a wave of momentum amid inflation concerns and favorable news. The king of cryptocurrencies rose by over 4% to $66,170, approaching its all-time high of $67,016.

According to BitInfoCharts data, the transaction fee on Ethereum was $41.5 on average this weekend, almost three times what it was three months ago. Ether peaked at $4,768, bringing its gains to almost 60% since the start of October.

Some of the biggest winners in the past 24 hours were Ripple and Polkadot. Ripple gained 9.52% and 16.62% over the past 7 days. Polkadot gained just 1.51% today, but 22.33% in total this past week.

Shiba Inu and Solana were on the losing side today. Still, the market’s main narrative has moved to altcoins against the backdrop of Bitcoin’s receding market dominance. On Monday Solana, Avalanche and other tokens associated with layer 1 blockchains kept grabbing the market’s attention as ether’s transaction fees rose.

Top movers

Internet Computer registered gains of 8.33% in the past 24 hours, increasing by 19.09% in the past week. Helium at #45 by market cap gained 8.03% today and 49.6% in the past 7 days. Kusama at no. 48 is up 8.42% in 24 hours and 30.63% in 7 days. ThorChain, 52nd by market cap, is losing its gains from last week. The token RUNE lost 0.85% today and 13.99% in 7 days.

The biggest winner in the top 100 so far is Kadena, 56th by market cap. It gained 18.27% today and 168.42% in the past 7 days.  

Trending

Hero Essence (HES), an in-game currency that you can earn and spend playing HeroVerse, recorded a trading volume of $10.1 million, up 1981% in the past 24 hours. HES is developed by HiKer Game Studio, famous its wide variety of successful games in Southeast Asia. HeroVerse uses play-and-earn instead of play-to-earn mechanisms. It places a greater focus on the gameplay and on improving player experiences. Its fully diluted market cap is just over $3 million, up 1176.94% in 24 hours.

 

The post Market highlights November 8: Ether hits new record, Solana firmly sets foot in top 5 appeared first on Coin Journal.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market firmly sets solana foot november highlights

Источник: coinjournal.net

market firmly → Результатов: 102


China Completely Blacklists Crypto Mining, Adds It To The “Negative List For Market Access”

China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […]

2021-10-13 14:50


Fractal Suggests Ethereum has Room to Fall Before Bulls Can Spark Next Uptrend

Ethereum has seen some notable momentum in recent days that has allowed its price to set fresh all-time highs Each break above its previous all-time highs around $1,450 has been fleeting, however, which is a grave sign that could mean downside is imminent For now, ETH’s price action remains firmly correlated to that of Bitcoin, with the benchmark cryptocurrency seeing some turbulence that has shaken its market structure One analyst is now pointing to a […]

2021-1-27 23:00


Фото:

It’s “Showtime” for Bitcoin Once it Breaks Above $10,500

Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […]

2020-5-15 02:00


Фото:

Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […]

2020-5-14 02:00


Фото:

Ethereum Remains Trapped Beneath Key Level as Traders Flee Market

Ethereum has seen some tempered overnight gains in tandem with Bitcoin and many other cryptocurrencies It still remains trapped beneath a key resistance level, however, and analysts are cautious about being too bullish on ETH until this level is firmly surmounted This comes as the crypto’s open interest dives, signaling that traders are fleeing the market as its price movements become driven by retail investors and spot traders Ethereum has seen some relatively boring price […]

2020-5-2 23:00


Refinitiv adds BNC LX indices to Eikon

We are excited to announce that Refinitiv has added Brave New Coin’s suite of LX indices to its award-winning Eikon terminal. By adding a single, reliable USD price discovery tool and reference rate for Bitcoin, Ethereum, and Ripple, the Eikon terminal now extends its market data offerings beyond its traditional financial coverage and firmly enters the cryptocurrency space.

2020-4-27 18:00


Ethereum price plummets despite strong network activity growth

Ethereum’s intense uptrend seen throughout 2020 reached a boiling point in early-February, with ETH’s break above $200 allowing it to incur parabolic momentum that led it to highs of $290. Although the crypto has retraced from these highs, its mid-term market structure still remains firmly bullish, and many analysts are now noting that this will […] The post Ethereum price plummets despite strong network activity growth appeared first on CryptoSlate.

2020-2-20 09:00


XRP’s Intense 750-Day Bear Market is About to End; Fireworks Imminent

Although XRP was one of the worst performing major altcoins in 2019, it may be the dark-horse of 2020, as the crypto is on the cusp of breaking an intense 750-day downtrend. The break of this long-respected descending resistance line could spark a massive trend reversal that places the embattled cryptocurrency firmly in the throes... The post appeared first on NewsBTC.

2020-2-3 01:00


Фото:

9 Best Ripple (XRP) Wallets 2020 (iOS, Android, Hardware, Desktop)

The digital currencies are getting popularity day by day, and the reason behind their popularity is the increase in the price. Ripple (XRP) is currently the third highest cryptocurrency in the market by market cap, and even though, the price action was negative in the last two years, XRP holders still firmly believe that their tokens will “moon […]The post 9 Best Ripple (XRP) Wallets 2020 (iOS, Android, Hardware, Desktop) appeared first on CaptainAltcoin.

2020-1-25 18:17


Crypto-ATM installations across the world near 5000 on the back of 2019’s market surge

When the world’s first Bitcoin ATM was installed and established in Vancouver back in November 2013, it was considered a landmark for the cryptocurrency revolution. Alas, with the growing popularity of Bitcoin and cryptos, some like Vancouver’s present Governor, Kennedy Stewart, have taken a step backwards, with Kennedy firmly against the idea of such machines […] The post Crypto-ATM installations across the world near 5000 on the back of 2019’s market surge appeared first on AMBCrypto.

2019-6-12 20:30


Kamari: Blockchain Gaming Payment Project?

What Is Kamari? Kamari is a utility token that seeks to facilitate safe and secure large-scale participation in gambling and betting. It targets the world’s fastest growing economies. The token already has its roots in firmly established multi-platform gambling and lottery infrastructure, which makes it ready for take-off with significant market adoption and growth. Kamari […]

2019-4-29 13:04


Bitcoin (BTC) Holding On To $5,200 Position Firmly, Bulls Now Eye $5,400 With Max Keiser Predicting The Next Rally Will Be Triggered By “State Actors”

After a few days of marginal losses, the market has turned green again. In the last couple of hours, most coins have recorded gains although the numbers for most remains very low. Bitcoin (BTC) is at the time of press up by around 3%, a climb that has seen it find stability above $5,230.

2019-4-17 17:40


Analyst: Bitcoin (BTC) Likely to Drop Towards $3,200 Unless it Finds Continued Bullish Momentum

Following the market’s recent volatility, Bitcoin has firmly established $3,800 as a level of support and has been able to continue holding steady above this price point. Analysts are now pointing out that BTC is currently holding above key moving average support levels, which could be a positive sign for the cryptocurrency’s price.

2019-2-27 23:00


2019 Dow Recovery ‘Nothing More Than a Bear Market Rally’

The Dow Jones Industrial Average and wider US stock market have made extraordinary recoveries in 2019, but several equities analysts warn that stocks remain firmly in a bear market. Stock Market Recoveries Following Sell-Offs Are Head Fakes A former adviser to the president of the Dallas Federal Reserve, Danielle DiMartino Booth, wrote in a Bloomberg op-ed that the Dow’s push past 26,000 from its late December low is just a “head fake.

2019-2-26 01:17


Analysts Expect Ethereum (ETH) to See Increased Bullish Momentum as Crypto Markets Trade Mixed

The crypto markets have experienced decent levels of bullish momentum over the past couple of weeks that has allowed virtually all major cryptocurrencies to recover some of their recent losses. Ethereum (ETH) is one notable gainer that has jumped nearly 45% from its monthly lows and has firmly reclaimed the number two spot by market.

2019-2-21 03:00


дальше еще 53 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru