Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, remained above the $37,000 mark early Tuesday. Ethereum (ETH), on the other hand, continued to ride ETF possibilities and remained above the $2,000 mark. Other popular altcoins — including the likes of Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — saw minor dips across the board. ApeCoin (APE) emerged to be the biggest gainer, with a 24-hour jump of over 8 percent. Arweave (AR) became the biggest loser, with a 24-hour dip of nearly 12 percent.
The global crypto market cap stood at $1.42 trillion at the time of writing, registering a 24-hour gain of 0.52 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $37,489.62, registering a 24-hour jump of 0.93 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 32.86 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,018.57, marking a 24-hour gain of 0.94 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.78 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 3.39 percent, as per CoinMarketCap data, currently priced at $0.07724 As per WazirX, Dogecoin price in India stood at Rs 6.82.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.69 percent. At the time of writing, it was trading at $69.84. LTC price in India stood at Rs 6,199.63.
Ripple (XRP) Price Today
XRP price stood at $0.6142, seeing a 24-hour loss of 1.54 percent. As per WazirX, Ripple price stood at Rs 53.79.
Solana (SOL) Price Today
Solana price stood at $56.05, marking a 24-hour dip of 6.66 percent. As per WazirX, SOL price in India stood at Rs 5,080.
Top Crypto Gainers Today (November 21)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 8.63 percent
24-hour gain: 7.61 percent
24-hour gain: 6.45 percent
24-hour gain: 5.46 percent
24-hour gain: 5.36 percent
Top Crypto Losers Today (November 21)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 11.96 percent
24-hour loss: 11.59 percent
24-hour loss: 11.43 percent
24-hour loss: 11.06 percent
24-hour loss: 10.55 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading at the $37,500 level as market participants await insights from the US FOMC meeting today. Bitcoin has surged by over 126 percent since the beginning of the year. Meanwhile, Ethereum has been trading above the $2,000 threshold amidst discussions regarding Spot ETH ETF applications in the US. In other news, the altcoin Cardano has shown solid growth, recording an increase of over 8 percent in the last week.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin at $37,000 has defied many projections of a correction phase. As ETF prospects keep piling, the top two tokens by market cap, BTC and ETH, are leading the Crypto market.
Altcoins such as Ripple and Solana also witnessed a surge as institutional investment trickled beyond Bitcoin and Ethereum. While major market oscillators indicate a ‘Neutral’ sentiment, Bitcoin’s price predictions post halving might entice more investors to enter the market.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently trading at $37,489 showing a slight uptrend of 0.13 percent. It is in a consolidation phase, facing resistance at $37,574 and crucial support at $36,342. The Relative Strength Index (RSI) at 58.78 indicates a moderate presence of buyers, leaving room for more momentum. The $37,574 level is key for potential bullish momentum, while a break below $36,342 could prompt a reassessment of bullish sentiment. Traders watch these levels closely for signals of market direction. The overall situation suggests a cautious outlook, with attention focused on key support and resistance levels for potential market reversals.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto heavyweights like Bitcoin and Ether continue to lead the strong market rally riding on the ETF wave. BTC is inching towards the $40,000 mark which will be its highest point in 2023 while ETH is sitting comfortably on the $2,000 mark. Binance reaching the settlement stage with SEC may also bring some positive sentiment in the market and drive the prices north. The overall crypto market cap has touched the $1.42 trillion mark.”
CoinSwitch Markets Desk told ABP Live, “With OpenAI founder Sam Altman in the news over the weekend, AI-related tokens have also experienced volatility in the past few days, as Sam’s crypto project World Coin, touched its four-month high at $2.71 before returning to $2.25 levels. Other AI-related tokens like RNDR also crossed its 21-month high and have almost doubled in just one month. Another development came in terms of the acquisition of Coindesk, as one of the world’s leading crypto-focused media companies was acquired by a crypto exchange called Bullish. The exchange is led by an ex-NYSE president. Coindesk is one of the most influential companies in the crypto space as they were among the first to report the FTX fiasco, and also infamously the recent fake news of a spot BTC ETF approval.”
CoinDCX Research Team noted, “Due to BTC’s sideways movement in recent days, ALT coins exhibited mixed trading. In noteworthy news, BNB coin surged by over 7 percent following reports that the US Government is seeking over $4 billion from Binance to settle a criminal case, as reported by Bloomberg. This news notably impacted the price of BTC positively.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.