In a largely stable session for the cryptocurrency market, the total market capitalization is now pegged at an impressive $3.2 trillion. Bitcoin maintained its position above the $91,000 threshold, experiencing a slight increase of 1% over the last 24 hours. This stability comes as U.S. markets remained shuttered in observance of Thanksgiving.
Ethereum (ETH) and Solana (SOL) experienced minor declines, each dropping less than 1% during the same timeframe. Meanwhile, XRP saw a more significant dip, with its value declining by 1.7% to settle at $2.21.
Data from Coingecko indicates a modest 0.7% rise in the overall market capitalization. Notably, a majority of the top 100 cryptocurrencies reported gains, with Kaspa (KAS), Flare (FLR), and SKY leading the pack with impressive increases of 14%, 12%, and 10%, respectively. On the flip side, MemeCore (M), RAIN, and Zcash (ZEC) emerged as today’s top underperformers.
A report from CoinGlass revealed that roughly 82,000 leveraged traders faced liquidations amounting to around $180 million within the past 24 hours. Bitcoin alone accounted for $75 million of this figure, while Ethereum (ETH) positions contributed another $27 million.
In the realm of exchange-traded funds (ETFs), Ethereum-related funds attracted significant interest, pulling in $61 million on November 26. This marks the fourth consecutive day of inflows for Ethereum ETFs, demonstrating a sustained appetite for the digital asset. In comparison, Bitcoin ETFs garnered a more modest influx of $21 million.
Despite the fluctuations in various altcoins and leveraged trading, the overall sentiment remains cautiously optimistic as investors continue to navigate this dynamic landscape of digital assets.
