The cryptocurrency market continues to maintain its upward trend, instilling confidence among traders. Bitcoin (BTC) 
$97,132 briefly tested the $76,000 mark today, while Ethereum (ETH) 
$3,360, Solana 
$189 (SOL), and XRP also gained value throughout the day. However, contrary to the overall market atmosphere, Dogecoin 
$0.314413 (DOGE) faced a significant drop following Donald Trump’s election victory.
Leading Cryptocurrencies Performance
The global cryptocurrency market capitalization increased by 4%, reaching $2.54 trillion. The total trading volume also rose by 86.5%, reaching $214.56 billion. While popular cryptocurrencies like Bitcoin, Ethereum, and Solana saw gains, XRP continued to maintain this positive movement. The biggest winner of the day was NEIRO.
Top Gainers of the Day
NEIRO surged 34% in the last 24 hours, rising to $0.002022. Lido DAO (LDO) increased by 31% to reach $1.38. Raydium (RAY) also saw a 25% rise, reaching $4.51.
Top Losers of the Day
Dogecoin (DOGE) fell by 5.5% in the last 24 hours, dropping to $0.1958. Helium (HNT) also lost 2% of its value, trading at $6.23. Shiba Inu (SHIB) experienced a decline of 1.5%.
This volatility in the cryptocurrency market attracts trader interest, with various cryptocurrencies exhibiting fluctuating performances. Bitcoin reaching its all-time high supports certain altcoins, while the decline in meme coins prompts traders to reevaluate their risk management strategies.
According to market data, Bitcoin’s rise is bolstered by investment in spot Bitcoin ETFs. The value increases in Ethereum and Solana are contributing to overall market optimism. Conversely, the declines in meme coins like Dogecoin highlight the importance of risk management.
