Bitcoin Hits $98.5K and Leads Crypto Market with 58% Market Dominance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 24 2024Market Overview: Bitcoin ($BTC) leads the cryptocurrency market with a trading price of $98,515 and a dominance of 58.1%, while Ethereum ($ETH) follows at $3,371 with a 12.1% dominance; overall market cap stands at $3.35 trillion amid volatility.
Altcoin Performance and Market Sentiment: Various altcoins showed mixed trends, with Stellar ($XLM) gaining 54.35% and VeChain ($VET) up 37.26%; the fear and greed index indicates extreme greed at a score of 84, reflecting optimistic investor sentiment and increased market activity.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
