As of Thursday morning, the cryptocurrency market is experiencing uncertain price movements; while some coins are gaining value, others are experiencing losses. However, thanks to the increases in some major cryptocurrencies, the overall market manages to stay in positive territory.
Investors’ cautious approach to the crypto asset space is evident from market movements due to regulatory barriers and other concerns. Nevertheless, the market has achieved significant gains in recent weeks due to expectations related to the approval of Bitcoin Spot ETF and other positive catalysts.
Bitcoin is currently trading at $37,929 with a 0.16% increase, and its 24-hour volume has decreased by 10.94% to $20.21 billion. The largest cryptocurrency by market capitalization traded at a high of $38,366.11 and a low of $37,612.63 in the last 24 hours.
Ethereum, the king of cryptocurrencies, is trading at $2,033.30 with a 0.65% decrease, and its volume has decreased by 12.58% to $8.91 billion. Following a tough period on Binance, the BNB price dropped by 0.41% to $228.90, and its daily volume decreased by 7.76% to $612.19 million.
Investors closely following XRP saw a 0.57% decrease in price to $0.609 and a 4.62% decrease in 24-hour trading volume. In contrast, Solana’s price increased by 3.70% to $60.64, and its volume surged by 33.40% to $1.98 billion after a long period of consolidation.
IOTA stood out as one of the biggest gainers in the crypto market on Thursday, displaying a clear stance against cautious investor movements. As of November 30, IOTA’s price surged by 36.61% to $0.2361, and its trading volume skyrocketed by 9699.74% to $707.17 million, reflecting increased investor interest in altcoins.