Market Advances As BTC, Pepe Coin, SNX Soars

 Market Advances As BTC, Pepe Coin, SNX Soars

The crypto prices today have been moving towards the north on Monday, November 20, as the investors seem to have regained confidence in the market. The market has been in a bullish run lately, mainly due to optimism and speculations over Bitcoin Spot ETF approval.

However, the market reversed its bullish course last week, wiping off some of its recent weeks’ gains, as the traders stayed cautious. Meanwhile, BlackRock filed Spot Ethereum ETF last week, but the SEC seems to be delaying its decision across all the ETFs in the US, raising concerns in the market.

Notably, the investors will be closely watching the FOMC minutes that are scheduled to be released on Tuesday, November 21. It is an important event this week, which would provide insights on the current economic health and the Fed’s potential move with their rate hike plans in the coming days.

Among individual crypto prices, the Bitcoin price was up 1.77% to $37,157.93 during writing, with its trading volume soaring 20.11% to $14 billion. The recent gains in the crypto’s price have also helped it to erase some of its recent losses, as evidenced by a surge of around 0.53% in its price over the last seven days.

In addition, the Ethereum price noted gains of 2.45% and traded at $2,002.57, while its trading volume over the last 24 hours fell 5.46% to $7.73 billion. Simultaneously, the XRP price surged 2.69% to $0.6239, with its one-day trading volume rising 21.75% to $1 billion.

On the other hand, the Solana price rose 3.38% to $59.98 during writing, while the Cardano price added 2.13% to $0.3832. The trading volume of the former crypto was up 11.47% to $2.04 billion, while the latter’s one-day trading volume plunged 21.86% to $282.61 million.

Talking about the meme coin segment, the Dogecoin price increased by 2.32% to $0.08025, while its volume slumped 55.99% to $541.48 million. Additionally, the Shiba Inu price rose 2.13% to $0.000008632, and its volume fell 28.54% to $107.61 million.

Meanwhile, the recent surge in most of the major crypto prices today has helped gains in the broader market. The global crypto market cap soared 1.79% from yesterday to $1.41 trillion, and the total crypto market volume plummeted 1.12% to $39.87 billion. Notably, the fear and greed index in the crypto market stood at 74, suggesting a hovering greed sentiment among investors.

Also Read: AVAX Price Shoots 8% On Avalanche’s Key Partnership With Republic

The Top 4 Cryptos For Today Are

Pepe Coin Rises 9%

The Pepe Coin price jumped 8.89% and traded at $0.000001229 on November 20, while its trading volume over the last 24 hours soared 78.83% to $92.87 million. The meme coin seems to have gained significant traction from investors lately, suggested by a surge of over 90% in its price over the last 30 days at its current price.

Pepe Coin (PEPE) ChartPepe Coin (PEPE) Chart
Pepe Coin (PEPE) Chart

Synthetix (SNX) Adds 21%

The Synthetix price was up 21.14% to trade at $3.56 as of writing on Monday, indicating increasing interest from the market participants towards the crypto. Notably, the recent gains in the crypto’s price have made it one of the top percentage gainers in today’s session. Meanwhile, its trading volume from yesterday rocketed 106.89% to $151.83 million.

Synthetix (SNX) Crypto ChartSynthetix (SNX) Crypto Chart
Synthetix (SNX) Crypto Chart

NEAR Protocol (NEAR) Soars 14%

Another top percentage gainer in today’s session, NEAR Protocol price was $2.03 as of writing, with a surge of 14.26% over the last 24 hours. Its trading volume from yesterday rose 60.88% to $289.68 million. Notably, the crypto has been witnessing a positive momentum over the past few weeks, reflected by a surge of around 104% in its price in the last 30 days.

NEAR Protocol (NEAR) ChartNEAR Protocol (NEAR) Chart
NEAR Protocol (NEAR) Chart

Arweave (AR) Gains 12%

Arweave price increased by 12.03% on Monday and traded at $8.95, while its trading volume over the last 24 hours skyrocketed 110.89% to $51.96 million. Although there is no apparent news for the recent surge in the crypto’s price today, it seems that the positive momentum in the broader market has helped gains in it.

Arweave (AR) Crypto ChartArweave (AR) Crypto Chart
Arweave (AR) Crypto Chart

Also Read: Sam Altman Planned to Take On Nvidia With AI-Focused Chips

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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