The cryptocurrency market is in the green today, with most digital assets rising in price and investors regaining confidence in digital assets.

The price of digital currencies on that day continued the upward trend of the previous few trading days, indicating that investors continue to be optimistic about the digital asset field. The market has remained positive this week, showing that global investors' confidence in the cryptocurrency field is growing.

In addition, hawkish comments from Federal Reserve Chairman Jerome Powell failed to dampen market sentiment this week. Powell said the central bank may consider another rate hike as early as March to keep inflation within its 2% target range.

In terms of digital currency prices, Bitcoin rose 0.75% to $37,054.61, and trading volume fell 36.04% to $22.35 billion. It is worth noting that the largest digital currency by market capitalization has risen nearly 7% in the past 7 days.

However, some other cryptocurrencies also experienced declines on Saturday, November 11. For example, Ethereum’s price fell by 3.79% to $2,047.55, and its trading volume over the past 24 hours plummeted by 43.96% to $14.26 billion. BNB’s price fell by 3.37% to $247.80, and its trading volume fell by 28.35% to $842.85 million.

Meanwhile, XRP’s price continued to fall on Saturday, falling by 2.45% to $0.6486. Its daily trading volume fell by 39.29% to $2 billion. On the other hand, Solana’s price rose by 15.42% to $54.61 at the time of writing, and its trading volume soared by 39.66% from yesterday to $4.07 billion.

The performance of some popular meme coins also shows that market participants are increasingly interested in them. As of the time of writing, the price of Dogecoin has increased by 2.70% to $0.07601, and the trading volume has decreased by 21.16% to $766.6 million. In addition, at the time of writing, the price of Shiba Inu has increased by 6.49% to $0.000008962, and the trading volume has increased by 4.06% to $305.1 million.

Meanwhile, the significant surge in major cryptocurrencies has triggered a significant upturn in the entire crypto market. The global cryptocurrency market capitalization has increased by 0.20% to $1.4 trillion. The market fear and greed index has reached 78, indicating that investors are generally "greedy".

However, the total cryptocurrency market capitalization has seen a decline over the past 24 hours, falling 26.96% and now stands at $69.62 billion.

Today's top 4 cryptocurrencies are

Pepe Gold Coin 4%

Despite the positive momentum seen by most major cryptocurrencies on Saturday, Pepcoin failed to stay in the positive territory. As of writing, Pepcoin price is down 3.64% and is trading at $0.00000127, with trading volume plummeting 53.91% to $182.62 million. However, Memecoin is up over 17% in the past seven days.

FTX Token (FTT) Up 35%

On Saturday, the FTX token surged 34.41% to trade at $4.02, making it one of the largest gainers among major cryptocurrencies during the day’s trading. Additionally, the cryptocurrency’s trading volume has surged 100% to $841.06 million during the time of writing. Meanwhile, the recent surge in cryptocurrency prices could be due to news of a possible relaunch of the exchange.

Celestia (TIA) up 35%

Celestia cryptocurrency became the top gainer on November 11, showing investors’ confidence in the digital asset. As of writing, Celestia’s price has increased by 35.26% to $3.61, while its trading volume has surged by 152.87% to $454.57 million in the past 24 hours.

Cronos (CRO) surges 22%

At the time of writing, Cronos’ price has increased by 22.29% to $0.1031, while its trading volume has increased significantly by 295.43% to $89.46 million in the past 24 hours. Notably, the cryptocurrency’s price has increased by nearly 56% in the past seven days and by more than 110% in the past 30 days.