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Ethereum Drops to $3,365.88, Losing -1.85% in 24 Hours

Cryptocurrency markets on November 25, 2024, showcased mixed trends. While some leading tokens saw minor declines, others experienced sharper losses. The market sentiment remained cautious, with no significant bullish momentum observed. Below is a detailed crypto price analysis of the top cryptocurrencies by market capitalization.

Bitcoin (BTC)

Price: $97,837.15

24h Change: -0.43%

Volume (24h): $26.08 billion

Market Cap: $1.94 trillion

Bitcoin maintained its position near the $98,000 level. The slight dip of 0.43% in the past 24 hours indicates a period of consolidation. Trading volumes remained strong, with over $26 billion exchanged. The market capitalization held steady at $1.94 trillion, reflecting Bitcoin's continued dominance in the crypto space.

Ethereum (ETH)

Price: $3,365.88

24h Change: -1.85%

Volume (24h): $14.74 billion

Market Cap: $405.36 billion

Ethereum faced a sharper decline, losing 1.85% in the past 24 hours. The token traded just above $3,365, with a 24-hour volume of $14.74 billion. Ethereum's market cap stood at $405.36 billion, reflecting its resilience despite the downward movement. Staked Ether (STETH) mirrored Ethereum's performance, trading at $3,366.21 with a 1.78% decline.

Solana (SOL)

Price: $252.27

24h Change: -2.49%

Volume (24h): $3.71 billion

Market Cap: $119.76 billion

Solana experienced a drop of 2.49%, trading at $252.27. Trading volumes reached $3.71 billion, highlighting sustained interest. Its market cap remained strong at $119.76 billion, solidifying Solana’s position as a prominent blockchain for decentralized applications.

Binance Coin (BNB)

Price: $659.02

24h Change: -0.09%

Volume (24h): $1.57 billion

Market Cap: $94.91 billion

Binance Coin displayed stability compared to other assets, with only a marginal decline of 0.09%. The token traded at $659.02, supported by a trading volume of $1.57 billion. The market cap stayed at $94.91 billion, reflecting investor confidence in the Binance ecosystem.

XRP

Price: $1.40

24h Change: -5.00%

Volume (24h): $6.15 billion

Market Cap: $79.78 billion

XRP faced a significant decline, dropping by 5% to $1.40. The 24-hour volume remained robust at $6.15 billion, suggesting active trading. The market cap stood at $79.78 billion, making XRP one of the more volatile assets in the market today.

Dogecoin (DOGE)

Price: $0.42267620

24h Change: -4.36%

Volume (24h): $6.72 billion

Market Cap: $62.10 billion

Dogecoin fell by 4.36%, trading at $0.42. Trading activity remained high, with $6.72 billion in volume. The token’s market cap reached $62.10 billion, maintaining its status as a popular meme coin.

Cardano (ADA)

Price: $1.01

24h Change: -6.27%

Volume (24h): $2.21 billion

Market Cap: $36.27 billion

Cardano faced one of the steepest declines, losing 6.27% over the last 24 hours. The token traded slightly above $1, with a trading volume of $2.21 billion. The market cap dropped to $36.27 billion, reflecting bearish sentiment around the token.

TRON (TRX)

Price: $0.20853854

24h Change: -3.17%

Volume (24h): $649.28 million

Market Cap: $18.01 billion

TRON witnessed a 3.17% decrease in price, trading at $0.21. The 24-hour trading volume remained modest at $649.28 million, while the market cap stood at $18.01 billion, reflecting steady but cautious investor activity.

Avalanche (AVAX)

Price: $41.30

24h Change: -2.67%

Volume (24h): $714.31 million

Market Cap: $16.90 billion

Avalanche dropped by 2.67%, trading at $41.30. The 24-hour volume reached $714.31 million, while the market cap settled at $16.90 billion. The token maintained its position as a leading player in the DeFi and blockchain ecosystem.

Toncoin (TON)

Price: $6.09

24h Change: -5.04%

Volume (24h): $440.41 million

Market Cap: $15.50 billion

Toncoin faced a significant decline, losing 5.04% over the last 24 hours. The token traded at $6.09, with a trading volume of $440.41 million. Its market cap stood at $15.50 billion, reflecting cautious market activity.

Stellar (XLM)

Price: $0.51444428

24h Change: -14.47%

Volume (24h): $5.87 billion

Market Cap: $15.45 billion

Stellar recorded the steepest drop among major cryptocurrencies, declining by 14.47%. The token traded at $0.51, with a substantial trading volume of $5.87 billion. Its market cap fell to $15.45 billion, marking a challenging day for Stellar investors.

On November 25, 2024, cryptocurrency markets experienced widespread declines, with varying levels of impact across tokens. Bitcoin and Ethereum remained relatively resilient, while assets like Stellar and Cardano faced sharper losses. Trading volumes stayed high, reflecting active participation despite the downturn. Investors appeared cautious as the market consolidated, setting the stage for the next potential move.