The global cryptocurrency market cap has reached an impressive $3.41 trillion, reflecting a 1.86% growth over the last day. Bitcoin (BTC) has seen trading fluctuations between $96,091 and $98,620 during the past 24 hours. As of 09:30 AM (UTC) today, Bitcoin is priced at $96,670, marking a 0.55% increase. Notably, many major cryptocurrencies are experiencing upward trends.
Among the top performers are DGB, which increased by 35%, DEGO, up by 29%, and ENS, rising by 27%. In today's top stories, XRP has surged past $1.90, reaching its highest price since April 2021. The debut of ETF options is interpreted as a bullish signal for Bitcoin. Analysts predict that global M2 growth could lead to a significant surge in Bitcoin's value by 2026.
Bitcoin's resilience is noteworthy as it has survived 415 significant downturns and showcases potential for future growth. Raoul Pal's optimistic Bitcoin forecast has attracted considerable interest from investors. In a separate note, Elon Musk has mentioned his intention to audit the IRS with regards to 'DOGE'.
Meanwhile, the NFT market is witnessing a substantial recovery this November, highlighting the evolving landscape of digital assets. Additionally, Justin Sun has canceled his plan to purchase 100,000 bananas following concerns from vendors about the deal. Looking at market movers, Ethereum (ETH) is trading at $3684.22 with a 3.10% increase.
Solana (SOL) stands at $243.57, showing a rise of 1.52%. XRP is priced at $1.8869, reflecting a 15.32% increase. Binance Coin (BNB) is at $666.80, up by 2.08%. Dogecoin (DOGE) is trading at $0.42817, with a gain of 5.35%. Cardano (ADA) trades at $1.1118, showing a 4.33% increase. Avalanche (AVAX) is priced at $45.66, up by 5.18%.
TRON (TRX) is trading at $0.205, with a 1.59% rise, and TON is priced at $6.611, reflecting a 3.62% gain. Lastly, Stellar (XLM) is at $0.5361, increasing by 2.66%..