Table of contents
November 10, 2023
In a remarkable turn of events, the global cryptocurrency market experienced a 3.12% surge on Friday, reaching an impressive market cap of $1.4 trillion. The total crypto market volume over the last 24 hours witnessed a substantial 118.67% increase, soaring to $97.43 billion. DeFi played a significant role, contributing $9.09 billion, accounting for 9.33% of the total crypto market 24-hour volume, as reported by CoinMarketCap. Additionally, stable coins dominated the scene, representing a staggering 87.73% of the total crypto market 24-hour volume, totaling $85.47 billion.
Read Also: Bitcoin Metrics Reach Bullish 2023 Landmarks
Bitcoin and Ethereum Lead the Charge
Bitcoin, the pioneer of cryptocurrencies, observed a 1.42% increase, with each token valued at $36,813.97 on Friday. The market cap for Bitcoin reached an impressive $719.29 billion, according to CoinMarketCap data. Simultaneously, Ethereum recorded a substantial 10.70% surge, with the price per token reaching $2,121.75.
Ethereum experienced an 8% rally on November 9, breaking the $2,000 barrier and achieving its highest price level in six months. This surge was attributed to BlackRock’s registration of the iShares Ethereum Trust in Delaware. The news triggered $48 million worth of liquidations in ETH short futures, fueling optimistic expectations for a potential Ether spot ETF filing by BlackRock, a $9 trillion asset manager.
Read Also: Chainlink Price Prediction As Whales Go On A Buying Spree
Meme Coins in the Spotlight
Meme currencies demonstrated mixed performance on Friday:
- Dogecoin: The price of Dogecoin fell by 2.63% to $0.07423 per token, with a market cap of $10.52 billion.
- Shiba Inu: Shiba Inu witnessed a modest 0.17% increase, reaching $0.00000847 per token, boasting a market cap of $4.99 billion.
- Pepe Coin (PEPE): Pepe Coin experienced a notable 29% decline, with each token valued at $0.0000000003561.
Read Also: $17.7 Trillion Wall Street Impact on Bitcoin, Ethereum, and XRP Prices
Altcoin Movement
Other major altcoins exhibited the following movements:
- XRP (Ripple): XRP’s price fell by 3.31% to $0.6684 on Friday, maintaining its position as the 5th largest cryptocurrency among the 8,815 active cryptocurrencies listed on CoinMarketCap.
- Cardano: Cardano’s price experienced a 2.15% increase, reaching $0.3729 per token.
- Solana: Solana gained 7.10%, with each token priced at $46.97. It currently holds the position of the 7th largest cryptocurrency in terms of market capitalization.
- Polkadot: Polkadot observed a 1.26% gain, reaching $5.17 per token on Friday.
As the crypto market continues to captivate investors, these developments underscore the dynamic and ever-evolving nature of the digital asset landscape
For the Latest Crypto News follow the Coinography and Subscribe our YouTube channel or follow us on social media platforms like Twitter, Facebook, Instagram and LinkedIn.
Top Recommended Articles
- Read Also: Best Web3 Coins To Invest In
- Read Also: Best Low Cap Crypto To Buy Now
- Read Also: Best Crypto Utility Tokens
- Read Also: Best Crypto To Buy Right Now Reddit
- Read Also: Best Crypto Under $1
- Read Also: Best Penny Crypto Coins To Invest In
- Read Also: Best Shitcoins To Buy Right Now
- Read Also: Best Crypto Presale To Buy Now
- Read Also: Best Low Supply Cryptocurrency
- Read Also: Best DeFi Coins To Buy Now
- Read Also: Best Altcoins To Invest In Right Now
- Read Also: Best Crypto ICO To Invest In
- Read Also: Next Crypto To Explode In 2023
- Read Also: Best Cryptocurrency Coins To Buy
- Read Also: New Cryptocurrencies To Invest In
Hi, I’m Ahmed Falah. I work at the intersection of technology, finance, and human well-being, exploring how emerging digital systems can create sustainable and impactful growth across businesses and society.
As a senior author at Coinography, I write deeply researched content on blockchain ecosystems, tokenomics, decentralized finance, on-chain analysis, and the societal implications of Web3. My approach blends technical clarity with purpose-driven thinking, helping readers understand complex crypto concepts in a meaningful and accessible way.
Vision & Focus
Throughout my career, I have worked closely with hedge funds, enterprises, and high-net-worth investors, helping them navigate digital transformation and develop strategies rooted in data, transparency, and sustainable growth. I see technology not merely as a financial tool but as a foundation for creating healthier, more resilient organizations.
My writing focuses on a wide range of themes, including blockchain and decentralized financial models, token utility and ecosystem design, AI and blockchain convergence, the evolution of digital market infrastructure, purpose-driven and wellness-aligned leadership, and the future of work, finance, and organizational well-being.
I am deeply committed to building systems that empower individuals and support ethical innovation. My goal is to connect technology with human values and contribute to a future where digital ecosystems uplift people, communities, and businesses in meaningful and sustainable ways.
Professional Links
Website: https://coinography.com LinkedIn: https://ae.linkedin.com/in/ahmedfalah
Let’s Connect
If you’re interested in the future of blockchain, digital transformation, decentralized systems, or well-being-focused leadership, feel free to connect with me.
