Cryptocurrency Prices On Monday: 9 Of 11 Top Cryptocurrencies Open Higher

The crypto market openede Monday with most of the top cryptocurrencies seeing a surge in prices. Solana soared 9.96% to $210.36 at 5.20 a.m. ET , while the prices of Shiba Inu and HEX jumped over 7%.

Nine of the top 11 cryptocurrencies experienced a surge in prices, according to CoinMarketCap data. The global market cap for cryptocurrencies has risen steadily and has crossed the $2.6 trillion mark, it showed.

Shiba Inu, which saw an 88% price jump in the last 7-day period, was at currently stands at $0.000073. It was priced at $0.000038 as the market opened last Monday, Oct. 24. The token is named after the dog breed that inspired dogecoin (DOGE), and its astonishing price rise came after a petition to "request of Robinhood to please list shiba inu coin to trade” circulated on the Change.org website.

Dogecoin was at $0.273, 3.29% rise in 24 hours.

Bitcoin prices were hovering around $62,120 since it touched a record high of over $66,000 Wednesday, Oct. 20, according to Coindesk’s Bitcoin tracker. As of the time of writing, it was a $62,003, a 1.26% rise from the previous day. The latest surge in the prices of this most popular coin coincided with the first Bitcoin ETF debuting on the New York Stock Exchange last week.

Etherium, the second most popular cryptocurrency, has also seen a slight rise in prices compared to the previous day. Currently, it was trading at $4,333, a 1.43% rise from Sunday.

Hex was trading at $0.229, at an over a 5.5% rise from the previous day, and Polkadot was trading at $44.33, a 2.55% uptick from Sunday. Other top cryptocurrencies like BinanceCoin and Cardano also saw a rise in prices.

Meanwhile, Tether and XRP experienced a gentle slip in prices, compared to the previous day. While Tether is trading at $0.99, XRP was at $1.109.

The crypto market is extremely volatile and experts recommend investors not make decisions based on the sudden shift in prices.