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BTC AT $97K, XRP Rises 7%, ALGO Surges 23%

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The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements. Ethereum (ETH) and Solana (SOL) prices gained 1-2%, reflecting positive market momentum. However, XRP soared 7% within the last 24 hours. Algorand (ALGO) emerged as the top gainer today jumping 25% over the past 24 hours.

The global crypto market cap increased by 1% from the previous day, reaching $3.32 trillion. However, overall trading volume declined significantly, down 24% to $153 billion over the past 24 hours. Here’s a quick snapshot of the top cryptocurrencies by market capitalization and their price movements today, November 29.

Bitcoin (BTC) continues to trade at $97K, sparking global market optimism. Over the past week, BTC has moved within a stable range of $90K to $99K, showing strong support levels. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) see slight gains, signaling renewed market interest. XRP stood out with a 7% surge driven by positive legal developments.

Bitcoin Price Today

Bitcoin (BTC) price is trading at $96,700, up 1% over the last 24 hours, with a low of $94,677 and a high of $97,000. BTC’s market cap stands at $1.91 trillion, while 24-hour trading volume reached $50 billion, reflecting its market dominance of 57.08%.

Additionally, Bitcoin adoption continues to grow globally. Switzerland’s Canton Bern has passed a bill to explore Bitcoin mining’s impacts. This bipartisan initiative, months in the making, solidifies Switzerland’s position as a leading crypto-friendly region in the EU.

Ethereum Price Today

Ethereum (ETH) price is trading at $3,583, down 1% in the past 24 hours, with a low of $3,531 and a high of $3,642. Its market cap stands at $431 billion, supported by a trading volume of $31 billion, and a market dominance of 12.9%, securing its position as the second-largest cryptocurrency by market cap. Analysts predict ETH price could reach $4,000 soon, driven by Bitcoin’s consolidation or potential climb higher.

Solana Price Today

Solana (SOL) price is trading at $241, up 1% over the last day, with a 24-hour low of $233 and a high of $242. Its market cap stands at $115 billion, with a trading volume of $3.81 billion, giving it a market dominance of 3.43%. As the fourth-largest cryptocurrency by market cap, Solana continues to strengthen its position in the evolving market. Keep watching crypto prices today for the latest updates.

XRP Price Today

XRP price today surged 7% in the last 24 hours, driven by a favorable court order for Ripple in the ongoing lawsuit. The U.S. court has expedited the judgment process, fueling optimism for a massive XRP rally. Currently, XRP is trading at $1.56, with a 24-hour low of $1.43 and a high of $1.57. It boasts a market cap of $89 billion and a trading volume of $6 billion, holding a market dominance of 2.66% as the 6th largest cryptocurrency globally. Stay tuned for crypto prices today as the XRP rally unfolds.

Meme Coins Performance Today

Meme coins are also experiencing bullish momentum today, with Dogecoin (DOGE) up by 1%, currently trading at $0.40, with a 24-hour low of $0.39 and a high of $0.41. Similarly, Shiba Inu (SHIB) has gained 2% in the past 24 hours, now trading at $0.00002589. As Bitcoin nears $100K, many are closely watching the price prediction of Shiba Inu.

Other top meme coins, including PEPE, BONK, and WIF, have also shown a 3-4% increase in the last 24 hours. Keep an eye on crypto prices today as the market continues to move.

Top Crypto Gainer Prices Today

Algorand

Algorand’s (ALGO) price is trading at $0.35, marking a 25% gain in the last 24 hours, making it the top gainer during this period. Its 24-hour low and high are $0.28 and $0.35, respectively.

Worldcoin

Worldcoin (WLD) price is trading at $2.80, up by 15% in the last 24 hours, with a 24-hour low of $2.48 and a high of $3.05. Analysts are noting that WLD price will rally, supported by strong technical indicators and increasing trading volume. These factors suggest that Worldcoin may be positioned for continued upward momentum in the coming days.

Top Crypto Loser Prices Today

Ethena

Ethena (ENA) price has seen a 5% decline in the last 24 hours, now trading at $0.71. Its 24-hour low and high are $0.6853 and $0.7601, respectively.

Fantom

Fantom (FTM) price has been one of the worst performers in the last 24 hours, down by 5%. It is currently trading at $0.102, with a 24-hour low of $0.98 and a high of $1.1032.

The hourly chart looks bullish, with most major altcoins in the green, indicating positive momentum across the market. Algorand (ALGO) continues its upward movement, with prices continuing to rise. Overall, the crypto prices today have strong bullish signs, which could be a positive signal for investors looking for growth in the coming days.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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UK Court Denies James Howell’s Claim on £600M Bitcoin From Landfill

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A High Court judge has dismissed James Howells’ legal effort to recover a hard drive containing access to Bitcoin worth £600 million ($739 million).

The decision, handed down by Judge Andrew John Keyser KC, marks the end of a long-standing legal battle between Howells and Newport City Council over access to a landfill site in South Wales.

Court Denies James Howell’s Claim on £600M Bitcoin

An early investor in Bitcoin, James Howells, said that he threw away a hard drive with 7,500 BTC in it in 2013. The council countered that once the hard drive was in the landfill, it became the property of the council under the current disposal of waste laws. The court also heard that environmental permits did not allow digging the landfill to extract the device.

According to the BBC report, Judge Keyser KC has dismissed Howells’ lawsuit stating that there are no reasonable grounds for the claim and there is no reasonable likelihood of success at trial. In the written judgment, the judge said that there was no good reason why the claim should be permitted to continue.

Howells had several times presented Newport City Council with a piece of the Bitcoin, which he estimated could be worth over £1 billion ($1.2 billion) by 2026 if the council helped him access the hard drive.

Environmental Concerns Block Landfill Access

Newport City Council told the court that James Howell should not be allowed to use the landfill because it would be against the law. The landfill, which contains over 1.4 million tonnes of waste, cannot be excavated under the current permit.

James Howells said that the search had been concentrated on an area that contained 100,000 tonnes of waste, where the hard drive was last known to be. However, the council argued that just trying to get the hard drive back could also be dangerous to the environment.

The council’s legal representative, James Goudie KC, stated that the planned excavation would make the council have to “play fast and loose” with the environmental laws. The court supported the council arguing that a set of waste management legislation was more significant than Howells’ rights to the lost device.

Bitcoin’s Value Adds Complexity

James Howell bought the 7,500 BTC in 2009 when the currency was not very valuable. Since then, the value of Bitcoin has increased, and in recent years, it has touched historical market values. Between 2024 alone, the price of Bitcoin rose by over 80%, and Howells felt that he had to act faster and renewed the efforts to get his BTC back.

At the time of the decision of the court, Bitcoin’s price was standing at nearly $95,000, thus making the lost wallet one of the most valuable single ownership of Bitcoins. Howells said that the lost funds could be a life-changing amount of money, but he could not retrieve the hard drive due to legal and regulatory restraints.

However, Howells had said earlier that he was ready to wheel his case to the UK Supreme Court. However, with the dismissal of the claim, it is quite difficult for him to recover the lost Bitcoin.

The James Howell case has drawn attention to the broader issue of lost Bitcoin and its potential effect on the cryptocurrency market. In a separate case, the United States government recently liquidated 69,370 BTC, worth $6.7 billion, seized from the Silk Road marketplace.

Bitcoin’s volatility has also been highlighted, as the digital asset briefly fell below $93,000 following the recent liquidation.

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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US CFTC Issues Subpoena to Coinbase In Polymarket Case, What’s Next?

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The U.S. Commodity Futures Trading Commission (CFTC) has issued a fresh subpoena to crypto exchange Coinbase just days ahead of President Joe Biden leaving office. This comes as part of the US CFTC’s ongoing investigation into betting markets Polymarket thereby requiring Coinbase to provide specific information regarding customers involved in the case.

US CFTC Seeks Coinbase Customers

Under the outgoing Biden administration, the CFTC has cracked a whip issuing a subpoena to crypto exchange Coinbase in the Polymarket lawsuit.

After receiving an email for the same from the exchange, Eric, co-author of Ethereum’s EIP-1559, shared this information in the public domain. “The dems crypto pivot truly was something else!” he wrote.

The exchange informed its customers through email that it may be required to share account-related information with the US CFTC. However, the company noted that no action is required from customers at this time.

Crypto Exchange Need to Comply Soon

The action comes with a deadline, unless Coinbase receives a motion to dismiss or other legal documentation by the close of business on January 15, 2025, the company will be required to comply.

The announcement comes just ahead of the CFTC chair Rostin Behnam stepping down before President-elect Donald Trump takes oath on January 20. The Trump transition team has reviewed at least six potential candidates to lead the US CFTC, aligning with the president-elect’s pledge to establish a more crypto-friendly regulatory framework.

Polymarket And Its Regulatory Scrutiny

Polymarket, a decentralized prediction market platform, gained huge popularity during the US Presidential Elections in 2024 drawing attention from regulators like the US CFTC. The regulator demanded limiting the operation of the prediction market while labeling them as gambling platforms.

Unlike the promises by Vice President Kamala Harris of a crypto pivot, the Democrats have continued with the crypto crackdown even in their last days in office. Coinbase and the CFTC have yet to comment publicly on the matter, but the subpoena marks another pivotal moment in the intersection of U.S. regulatory oversight and the cryptocurrency industry.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Bitcoin Dips Below $95K, RUNE and INJ Drop 11%

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Crypto market today remains in bearish territory as Bitcoin dipped below the $95K mark. Major altcoins followed the downtrend, with several tokens trading in the red. THORChain (RUNE) and Injective (INJ) became the worst performers, both dropping 11% from their daily highs.

The global crypto market today fell by approximately 2%, bringing the total market cap to $3.33 trillion. However, trading volume showed a slight increase of 4% over the last 24 hours, reaching $168 billion. Let’s take a closer look at the top cryptocurrencies by market cap and their current prices.

Crypto Market Today: BTC, ETH, SOL Drop in Bearish Trend

The crypto market today saw a continued bearish trend, with Bitcoin (BTC) down 3%, Ethereum (ETH) falling 2%, and Solana (SOL) dropping 2.5%. Despite the downturn, a positive sign emerged as Bitcoin whales began accumulating BTC once again.

Bitcoin Market Today: BTC Drops 3%, ETF Outflows Continue

Bitcoin price was trading at $94,390, reflecting a 3% drop in the last 24 hours. The 24-hour low and high for BTC stood at $92,559 and $96,666, respectively.

As per SoSo Value data, BTC ETFs witnessed an outflow of $458 million. Fidelity led the sell-off, offloading $258 million worth of Bitcoin. Ark and 21Shares also sold $148 million in Bitcoin, while data from BlackRock’s ETF remains anticipated.

Ethereum Market Today: ETH Price Down 1.5%, ETF Outflows Surge

Ethereum price was down by 1.5%, currently trading at $3,325. The 24-hour low and high for ETH were recorded at $3,210 and $3,387, respectively.

ETH ETFs saw an outflow of $159 million in the past 24 hours, with Fidelity contributing $147 million to the sell-off. The ongoing bearish sentiment continues to impact the crypto market today, reflecting declining prices and significant fund outflows from major institutions.

XRP Market Today: Only Gainer Among Top 10 Coins

XRP price stood out as the only coin in the top 10 to register a gain, rising by 0.40% in the last 24 hours. It was trading at $2.351, with a 24-hour low of $2.214 and a high of $2.396. Additionally, Ripple’s stablecoin RLUSD has been listed on the Bitstamp exchange, adding more utility to the XRP ecosystem.

Solana Market Today: SOL Price Drops 2%

Solana (SOL) price was down by approximately 2%, currently trading at $195.45. Its 24-hour low and high were recorded at $189 and $199, respectively.

SOL PriceSOL Price
SOL Price

Crypto Market Gainers Today

XDC Network

XDC price was up by 7%, now trading at $0.0973. Its 24-hour low and high were $0.087 and $0.0975, respectively. With a market cap of $1.45 billion and a trading volume of $59.35 million, XDC stands out amidst the crypto market today’s overall downturn.

Monero

XMR has been the 2nd top gainer for today, with its price trading at $196, reflecting a 4% increase. Its 24-hour low and high were recorded at $183 and $201, respectively. With a market cap of $3.61 billion and a trading volume of $86.49 million.

Hyperliquid (HYPE), GateToken (GT), and NEO token have also shown gains in the crypto market today, with each token up by 2% to 4% in the last 24 hours. Despite the broader market’s bearish trend, these tokens have managed to perform well.

Crypto Market Losers Today

THORChain

RUNE price was down by 11%, currently trading at $3.94. Its 24-hour low and high were recorded at $3.86 and $4.35, respectively, reflecting a significant decline in the crypto market today.

Injective

INJ price was down by 11% in the last 24 hours, trading at $21.60, with a 24-hour low of $20.54 and a high of $23.88. Despite the downward trend in the market, INJ price has been up by 11% in the last quarter and saw a 13% increase in the past week after the community passed a major governance proposal, amid growing market interest in AI coins.

WIF, MOVE, AIOZ, and SPX have also faced a decline of 7% to 9% in the last 24 hours. This adds to the overall bearish sentiment in the market.

Besides this, the hourly chart also shows a bearish sentiment in the crypto market, with Bitcoin down by 0.13% in the last 24 hours. Fartcoin dropped by 4% in the last hour, and major altcoins are also in the red, reflecting continued selling pressure across the market.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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