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Today, cryptocurrency prices reignited global market discussions. Bitcoin (BTC) 
$104,408 reached its all-time high of $77,000 again. While Ethereum (ETH) 
$2,549 and Solana 
$154 (SOL) traded in the green, XRP experienced significant fluctuations, trading in the red. The meme coin sector also showed mixed movements, leading to market speculation.
Global Market Status
The global cryptocurrency market value rose by 1.25% to $2.59 trillion since yesterday. However, the total market volume saw an 8% decline, falling to $124.72 billion. This situation indicates a mixed outlook for the market.
The BTC price increased by approximately 0.5% over the last 24 hours, trading at $76,339. The day’s low was recorded at $75,691, while the high reached $77,253. Bitcoin’s market cap is valued at $1.51 trillion today, with $87.35 million invested in Bitcoin ETFs drawing attention.
Performance of Ethereum and Solana
ETH price rose by 2.21% in the last 24 hours, reaching $2,968. Its market cap is now $357.48 billion. The U.S. SEC’s delay in Ethereum ETF options has affected ETH price movements. Solana (SOL) traded at $200, with a 0.5% increase, bringing its market cap to $94.32 billion.
Dogecoin 
$0.192358 (DOGE) price rose by 2% in the last 24 hours to $0.1992. Meanwhile, Shiba Inu (SHIB) decreased by 2%, trading at $0.00001869. Other meme coins like PEPE, WIF, and BONK also saw a decline of 1-4%.
Rising and Falling Cryptocurrencies
Cronos (CRO) surged by 16% to $0.1046 in the last 24 hours. Polygon (MATIC) increased by 11% to $0.3801, while Beam (BEAM) saw an 8% rise to $0.02074. Conversely, Goatseus Maximus (GOAT) fell by 13% to $0.7453, with Cat in a Dogs World (MEW) and Neiro (NEIRO) losing 6% and 9% respectively.
Market observers expect further increases in cryptocurrency prices with the upcoming U.S. elections and Trump’s victory. The slight rise in BTC price and the slight drop in ETH continue to fuel speculation about the future of the crypto market.
The conclusion indicates that the volatile state of the crypto market presents both opportunities and risks for traders. Bitcoin reaching new record highs signals strong performance among major cryptocurrencies, while the mixed movements in altcoins require caution among traders. The fluctuations in meme coins reflect the overall uncertainty in the market, emphasizing the importance of closely monitoring market trends and news for informed decision-making.
