Crypto Prices Today: BTC, Pepe Coin Decline While YFI Rallies
The crypto prices today were in the red, as the investors seem to be closing their positions on the major cryptocurrencies. Meanwhile, the decline in the market started on November 16, after news broke out that BlackRock officially filed for Ethereum ETF with the SEC.
Although the news should have bolstered gains in the market, the situation was somewhat different following the news. The investors seem to have predicted a correction in the market, which triggered a sell-off in the digital asset space, as evidenced by the price performance of the cryptos.
Talking about the crypto prices, Bitcoin price slumped 2.66% to $36,422.03 during writing on November 17, while its trading volume over the last 24 hours fell 9.21% to $25.59 billion. However, despite the recent declines, the price of the largest crypto by market cap was up over 29% over the last 30 days.
On the other hand, the Ethereum price has witnessed a slump of 3.36% to trade at $1,984.11, while its volume over the last 24 hours jumped 12.06% to $14.39 billion. Simultaneously, the BNB price slipped 3.18% to $244.22 during writing, with its trading volume soaring 1.91% to $937.04 million.
The XRP price was also down 4.80% to $0.6206 during writing, and its volume added 21.19% to $1.75 billion over the last 24 hours. In addition, the Solana price plummeted 10.48% to $58.62, with its trading volume remaining flat at around $4 billion.
However, the situation was somewhat different for the meme coin, Dogecoin. The Dogecoin price has added 6.48% during the writing and traded at $0.08161, while its trading volume rocketed 224.27% to $1.73 billion. In contrast, the Shiba Inu price was down 1.61% to $0.000008615, while its volume rose 67.44% to $278.26 million.
Meanwhile, the losses in the major crypto prices today have wiped off gains from the broader market on Friday. As of writing, the global cryptocurrency market cap was down 2.48% to $1.39 trillion, and its overall market volume was up 3.25% over the last 24 hours to $71.17 billion. Notably, the fear and greed index was at 71, indicating a greed sentiment hovering around the market.
Also Read: DOGE Price Gives Potential Breakout Surging 5%, Transaction Volumes At 3-Month High
The Top 4 Cryptos For Today Are
Pepe Coin Plunges 7%
The popular meme coin, Pepe Coin price has witnessed a decline of 6.79% to trade at $0.000001174 during writing on Friday, reflecting the downturn momentum in the broader market. In addition, the trading volume of the meme coin slumped 10% to $134.53 million during writing.
yearn.finance (YFI) Adds 9%
The yearn.finance crypto showed resilience to the current bearish trend in the market and was among the top percentage gainers on November 17. The yearn.finance price was up 9.01% over the last 24 hours and traded at $13,960.93 during writing, while its trading volume soared 48.96% to $379.43 million.
Kaspa (KAS) Soars Over 11%
The Kaspa crypto was moving towards the north in recent days, as evidenced by the recent surge in its price. Meanwhile, during writing on Friday, the Kaspa price was up 11.07% and traded at $0.1308, while its volume over the last 24 hours rose 74.26% to $276.97 million. Notably, the price of the crypto has added nearly 190% over the last 30 days.
Mantle (MNT) Jumps 11%
The Mantle crypto was another top percentage gainer on November 17, defying the odds in the broader crypto market. The Mantle price soared 10.78% and traded at $0.5092 during writing, while its trading volume over the last 24 hours jumped 79.27% to $135.40 million. Over the last 30 days, the crypto has added nearly 55% as of today.
Also Read: Bitcoin (BTC) Price Dramatically Slumps, Top Analyst Identifies Opportunity