Ethereum

Solana

Bitcoin

Shiba Inu

The crypto market has experienced yet another turbulent day, sparking concern among investors globally. Leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP fell, reflecting a broader market trend. The global crypto market cap slipped by 0.99%, reaching $2.23 trillion, while total market volume interestingly spiked by 12.5% to $82.04 billion. Against this backdrop, Dogecoin (DOGE) defied the overall trend, emerging as the day’s standout performer. 
<a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-51679 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/Qubetics-is-728x90-1-3.jpg" alt="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed = The Bit Journal" width="728" height="90" title="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed 46"></a> 
<h2 id="bitcoin-and-ethereum-major-players-see-declines">Bitcoin and Ethereum: Major Players See Declines</h2> 
In the past 24 hours, Bitcoin has dropped by 2%, trading at $68,006. BTC saw its daily low and high at $66,803.65 and $69,335.33, respectively, with its market cap now at $1.35 trillion. The decrease in Bitcoin price coincides with reports of 579.49 million in spot ETF outflows, while a notable $2.2 billion BTC transfer from Mt. Gox indicates signs of asset reorganization. Bitcoin’s market dominance has also dipped slightly to 60.38%, underscoring increased investor uncertainty. 
<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-66427" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-20-1.png" alt="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed = The Bit Journal" width="1281" height="665" title="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed 47"> 
Ethereum similarly shed 2.5% of its value, trading at $2,414. The day’s range saw Ethereum fluctuate between $2,359.58 and $2,483.05, leaving its market cap at $290.71 billion. Notably, Ethereum’s decline mirrors the $74.24 million in spot Ethereum ETF outflows. 
<h2 id="solana-and-xrp-following-the-decline">Solana and XRP: Following the Decline</h2> 
Solana (SOL) continued the downward trend, losing 3% to reach $158. Its 24-hour range fell between $155.17 and $164.71, while its market cap settled at $74.82 billion. However, despite the dip, October transaction volumes and fees on Solana’s network rose, providing some positive signals.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-66429" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-21.png" alt="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed = The Bit Journal" width="1276" height="580" title="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed 48"> 
XRP wasn’t spared either, dropping by 0.5% to $0.5048. The daily range of XRP fluctuated between $0.4968 and $0.5138, with a market cap of $28.70 billion. Investors are closely monitoring XRP, speculating whether decreased escrow shares could signal an upcoming rally toward the $10 mark. 
<h2 id="meme-coins-dogecoin-and-shiba-inu-defy-the-trend">Meme Coins: Dogecoin and Shiba Inu Defy the Trend</h2> 
In a surprise twist, Dogecoin (DOGE) led the day with a 6% surge, trading at $0.1616. The day’s low and high were recorded at $0.1496 and $0.1659, respectively, spurring excitement among meme coin investors. Shiba Inu (SHIB) also climbed by 2% to $0.00001727. In contrast, Pepe (PEPE), dogwifhat (WIF), and POPCAT posted losses, ranging from 2% to 8%, reflecting the mixed sentiment in the meme coin sector.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-66431" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-22.png" alt="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed = The Bit Journal" width="1279" height="576" title="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed 49"> 
<h2 id="top-gainers-and-losers-in-the-crypto-market">Top Gainers and Losers in the Crypto Market</h2> 
While Dogecoin took the spotlight, Monero (XMR) also rose by 2%, reaching $160. Meanwhile, MOG Coin posted a 3% gain, now trading at $0.000001788. On the downside, THORChain (RUNE) fell by a substantial 12%, dropping to $4.40. Similarly, PENDLE and MEW lost 9% and 6%, trading at $4.12 and $0.007879, respectively.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-66433" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-23.png" alt="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed = The Bit Journal" width="1274" height="551" title="Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed 50"> 
This dynamic market landscape presents both opportunities and risks, keeping investors alert as the crypto market seeks direction this week. Stay updated on all significant crypto moves with The Bit Journal for the latest trends and analyses. 
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Crypto Markets Seek Direction This Week: Top Gainers and Losers Revealed

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The Bit Journal

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