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<p>The global cryptocurrency market showed mixed trends on November 30, 2024, with notable price changes, market capitalization, and trading volumes. The Phoenix Group released an insightful summary of the <a href="https://blockchainreporter.net/tag/crypto/" rel="noopener noreferrer nofollow">crypto </a>market through its official X account, highlighting the key developments and trends. According to the data, the cryptocurrency market consisted of 31,301 coins and tokens with an overall market capitalization of $3.41 trillion. The trading volume remained active over the last 24 hours at $179.07 billion.</p><h2 id="header-0">Crypto Market Overview, Bitcoin ($BTC), and Ethereum ($ETH) Leading the Market</h2><p>Bitcoin ($BTC), the globally leading cryptocurrency, is dominating at 56.1%, with its price standing at $96,742. Its strong impact on the market persists as the decentralized finance (DeFi) total value locked (TVL) reached $201.17 billion. Ethereum ($ETH) adopted the second-largest digital currency, with each coin priced at $3,683 and having a dominance of 13%. Gas fees for $ETH remained relatively low at 8 Gwei, supporting transaction affordability.</p><p>Several cryptocurrencies experienced notable price movements during the day. $HYPE recorded a dip of -6.26% and a bounce of 72.97% gain, indicating high volatility. <a href="https://blockchainreporter.net/whale-trades-ens-for-mkr-nets-109k-profit/" rel="noopener noreferrer nofollow">$ENS</a> and CORE also exhibited significant price actions, showcasing 32.62% and 30.62% bounces, respectively.</p><p>Other coins such as $ALGO and $FLR, also showed positive momentum, gaining 25.40% and 20.28%, respectively. However, some assets faced declines, indicating the volatile nature of the market.</p><h2 id="header-1">Significant Liquidations and Fear &amp; Greed Index</h2><p>The 24-hour liquidation data revealed that Bitcoin topped the liquidation chart, with a total value of $79.92 million, followed by <a href="https://x.com/pnxgrp/status/1862793023035154766" rel="noopener noreferrer nofollow">$XRP</a>, $ETH, $DOGE, and $ACT, with $34.80 million, $34.12 million, $17.19 million, and $9.20 million respectively. This data reflects heightened market activity and leveraged trading positions being affected by price volatility.</p><p>The crypto fear and greed index stood at 78, indicating a state of extreme greed. This sentiment suggests a bullish outlook as traders displayed confidence in market trends. Additionally, the DeFi sector remains a key focus, with its TVL surpassing $200 billion, signifying continued growth and adoption.</p>

Bitcoin Leads $3.41T Crypto Market as Ethereum and DeFi Surge

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