Bitcoin prices fell Wednesday, (November 30), in cryptocurrencies, as the world's largest and most popular cryptocurrency trading at USD 57,349, down 0.5 percent. Bitcoin's price recently hit a new high of over USD 69,000, and it's up more than 99 percent year-to-date (YTD). According to CoinGecko, the global crypto market capitalization/valuation increased marginally to USD 2.74 trillion.
On the other hand, Ether, the second-largest cryptocurrency and the coin tied to the Ethereum network, increased by roughly 3 per cent to USD 4,465. According to CoinDesk, the price of Dogecoin increased by over 5 percent to USD 0.21, while the price of Shiba Inu increased by over 11 percent to USD 0.000043. Other cryptocurrencies, such as Litecoin, XRP, Polkadot, Uniswap, Stellar, and Solana, have also seen rises in the recent 24 hours.
Institutional investors rushed to cryptocurrency products and funds in the first 11 months of the year, despite price drops in recent weeks, according to statistics from digital asset manager CoinShares released on Monday.