Ethereum

Solana

Algorand

Fantom (Migrated to Sonic)

The crypto market is experiencing a turbulent day as most major assets face sharp declines. Leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are seeing noticeable losses, while select altcoins such as Algorand (ALGO) and Fantom (FTM) shine with remarkable gains. 
<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-67567 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Crypto Market on Edge: Top Gainers and Losers of the Day = The Bit Journal" width="728" height="90" title="Crypto Market on Edge: Top Gainers and Losers of the Day 57"></a> 
<h2 id="bitcoin-and-ethereum-struggle-to-hold-ground">Bitcoin and Ethereum Struggle to Hold Ground</h2> 
Bitcoin (BTC) is navigating a bearish trend, trading at $92,890, marking a 2% drop in the last 24 hours. BTC hit a daily low of $90,770 and a high of $94,991. Despite the downturn, Bitcoin’s market cap remains a robust $1.84 trillion, with a daily trading volume of $90 billion. The cryptocurrency’s dominance rate continues to be strong at 57.52%.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-72064 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-147.png" alt="Crypto Market on Edge: Top Gainers and Losers of the Day = The Bit Journal" width="1281" height="593" title="Crypto Market on Edge: Top Gainers and Losers of the Day 58"> 
Similarly, Ethereum (ETH) mirrors Bitcoin’s losses, slipping 2% to $3,362. The day’s low and high were $3,255 and $3,448, respectively. ETH’s market capitalization stands at $405 billion, with a trading volume of $39 billion. Interestingly, Grayscale’s ETH ETFs saw a $16 million inflow, reflecting growing institutional interest. 
&nbsp; 
<h2 id="altcoins-hit-hard-solana-and-xrp">Altcoins Hit Hard: Solana and XRP</h2> 
Among altcoins, Solana (SOL) suffered a 3% dip, now trading at $233. SOL’s daily range included a low of $222 and a high of $239. A recent move by the Pump Fun platform to suspend its live streaming feature has stirred discussions within the Solana ecosystem.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-72066 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-148.png" alt="Crypto Market on Edge: Top Gainers and Losers of the Day = The Bit Journal" width="1275" height="585" title="Crypto Market on Edge: Top Gainers and Losers of the Day 59"> 
On the other hand, XRP faced a steeper 6% decline, currently priced at $1.369. XRP’s daily fluctuations saw a low of $1.29 and a high of $1.45. Meanwhile, Ripple made headlines with its $25 million donation to Fairshake PAC, reaffirming its commitment to crypto advocacy and long-term projects. 
<h2 id="meme-coins-under-pressure">Meme Coins Under Pressure</h2> 
The meme coin sector also faced bearish momentum. Dogecoin (DOGE) dropped 4%, trading at $0.3876, while SHIB fell 3% to $0.00002446. Other meme coins like PEPE, BONK, and WIF recorded losses ranging from 4% to 8%.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-72068 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/image-149-768x334-1.png" alt="Crypto Market on Edge: Top Gainers and Losers of the Day = The Bit Journal" width="768" height="334" title="Crypto Market on Edge: Top Gainers and Losers of the Day 60"> 
<h2 id="bright-spots-algorand-and-fantom">Bright Spots: Algorand and Fantom</h2> 
Despite the market-wide decline, Algorand (ALGO) and Fantom (FTM) emerged as standout performers. ALGO surged 15%, reaching $0.299, while FTM climbed 14% to $1.09. These gains indicate pockets of resilience within the volatile market. 
<h2 id="market-sentiment-and-outlook">Market Sentiment and Outlook</h2> 
While the broader market remains under pressure, hourly charts for <a href="https://thebitjournal.com/peter-schiff-us-being-a-bitcoin-superpower/" target="_blank" rel="noopener">Bitcoin</a> and major altcoins hint at potential stabilization. As highlighted by The Bit Journal, investors should carefully analyze market conditions and assess risks before making decisions. 
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Crypto Market on Edge: Top Gainers and Losers of the Day

Table of Contents

The Bit Journal

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