(Nov 8) Bitcoin Holds Steady at $75K! Altcoins Surge & Fluctuate

Crypto Climb: Bitcoin Soars to $75K, NEIRO Rockets 22%, Altcoins on a Rollercoaster

Crypto Climb: Bitcoin Soars to $75K, NEIRO Rockets 22%, Altcoins on a Rollercoaster

November 8, 2024 has been a dynamic day in the cryptocurrency market. Bitcoin (BTC) continues to hold steady at $75,000, while altcoins experience fluctuations. Notably, NEIRO has surged by an impressive 22%.

Market Overview

  • Bitcoin (BTC): Maintained its position at $75,851, with a market cap of $1.50 trillion.
  • Altcoins: Mixed performance, with some coins like MOG and LDO trading in the red, while others like NEIRO and ADA saw significant gains.
  • Global Market Cap: Dipped by 2.64% to $2.48 trillion.
  • Market Volume: Decreased by 37.63% to $134.43 billion.

Notable Movements

  • NEIRO: Emerged as the top gainer, with a 22% increase in value.
  • Ethereum (ETH): Slight gain of 1.5%, trading at $2,902.
  • Solana (SOL): Increased by 5%, now at $199.
  • XRP: Experienced a slight decline of 1%, trading at $0.5512.

Why This Matters

The mixed performance of altcoins highlights the ongoing volatility and speculation in the market. Investors are keenly watching these movements to make informed decisions.

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Ricky

Growth Strategist at Aurpay

As a growth strategist at Aurpay, Ricky is dedicated to removing the friction between traditional commerce and blockchain technology. He helps merchants navigate the complex landscape of Web3 payments, ensuring seamless compliance while executing high-impact marketing campaigns. Beyond his core responsibilities, he is a relentless experimenter, constantly testing new growth tactics and tweaking product UX to maximize conversion rates and user satisfaction

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