Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained above the $37,000 mark early Tuesday. On the other hand, Ethereum (ETH) continued its ETF prospects and remained above the $2,000 mark. Other popular altcoins – including Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) – saw slight declines across the board. ApeCoin (APE) emerged as the biggest gainer with a surge of over 8 percent in 24 hours. Arweave (AR) became the biggest loser with a decline of almost 12 percent in 24 hours.
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
According to CoinMarketCap, Bitcoin price stood at $37,489.62, registering a rise of 0.93 percent in 24 hours. According to Indian exchange WazirX, the price of BTC was Rs 32.86 lakh.
Ethereum (ETH) price today
The price of ETH was $2,018.57 at the time of writing, representing a gain of 0.94 percent in 24 hours. According to WazirX, Ethereum price in India stood at Rs 1.78 lakh.
Dogecoin (DOGE) price today
According to CoinMarketCap data, DOGE recorded a loss of 3.39 percent in 24 hours, currently priced at $0.07724. According to WazirX, Dogecoin price in India is Rs 6.82.
Litecoin (LTC) price today
Litecoin saw a decline of 0.69 percent in 24 hours. At the time of writing, it was trading at $69.84. LTC price in India was Rs 6,199.63.
Ripple (XRP) price today
The price of XRP stood at $0.6142, which saw a decline of 1.54 percent in 24 hours. According to WazirX, the price of Ripple stood at Rs 53.79.
Solana (SOL) price today
The price of Solana stood at $56.05, showing a decline of 6.66 percent in 24 hours. According to WazirX, SOL price in India was Rs 5,080.
Today’s Top Crypto Gainers (November 21)
Here are the top five crypto gainers in the last 24 hours, according to CoinMarketCap data:
24 Hour Profit: 8.63 percent
24 Hour Profit: 7.61 percent
24 Hour Profit: 6.45 percent
24 Hour Profit: 5.46 percent
24 Hour Profit: 5.36 percent
Top crypto losers today (November 21)
Here are the top five crypto losers in the last 24 hours, according to CoinMarketCap data:
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 are crypto exchanges saying about the current market scenario?
“Bitcoin is trading near $37,500 levels as market participants await insights from the US FOMC meeting today,” Edul Patel, co-founder and CEO of Mudrex, told ABP Live. Bitcoin has increased by more than 126 percent since the beginning of the year. Meanwhile, Ethereum is trading above the $2,000 range amid discussions regarding spot ETH ETF applications in the US. In other news, altcoin Cardano has shown solid growth, rising by more than 8 percent in the past week.
Rajagopal Menon, Vice President of WazirX, said, “Bitcoin $37,000 has defied many estimates of the correction phase. As ETF prospects continue to grow, the top two tokens by market cap, BTC and ETH, are leading the crypto market. Altcoins like Ripple and Solana also saw a surge as institutional investments overtook Bitcoin and Ethereum. While key market oscillators indicate ‘neutral’ sentiment, Bitcoin price predictions following the halving may attract more investors to enter the market.
Satvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently trading at $37,489 with a marginal gain of 0.13 percent. It is in a consolidation phase, facing resistance at $37,574 and key support at $36,342. The Relative Strength Index (RSI) at 58.78 indicates moderate presence of buyers, giving scope for more momentum. The $37,574 level is important for potential bullish momentum, while a break below $36,342 could prompt a reassessment of bullish sentiment. Traders watch these levels closely for signals about market direction. The overall situation suggests a cautious approach, with a focus on key support and resistance levels for potential market reversals.
Shivam Thakral, CEO of BuyUcoin, said, “Crypto giants like Bitcoin and Ether are leading a strong market rally by riding the ETF wave. BTC is moving towards the $40,000 mark which will be its highest point in 2023 while ETH is comfortably Sitting at the $2,000 mark. Binance reaching the settlement stage with the SEC may also bring some positive sentiment into the market and drive the prices higher. The total crypto market capitalization has touched the $1.42 trillion mark.”
CoinSwitch Markets Desk told ABP Live, “With OpenAI founder Sam Altman being in the news over the weekend, AI-related tokens have also experienced volatility over the past few days, as Sam’s crypto project World Coin, the first four The month’s high was $2.71.” Returning to the $2.25 level. Other AI-related tokens like RNDR have also crossed 21-month highs and almost doubled in just a month. Another development came in the context of Coindesk’s acquisition, as one of the world’s leading crypto-focused media companies was acquired by a crypto exchange named Bullish. The exchange is led by a former chairman of the NYSE. CoinDesk is one of the most influential companies in the crypto space as they were among the first to report the FTX failure, and the recent spot BTC ETF approval fake news was also infamous.
“Due to BTC’s sideways movement in recent days, ALT coins exhibited mixed trading,” the CoinDCX research team said. In notable news, BNB coins surged by more than 7 percent following reports that the US government is pursuing a criminal… It is demanding more than $4 billion from Binance to settle the case, as Bloomberg reported. This news had a particularly positive impact on the price of BTC.”
Subscribe and follow ABP Live on Telegram: t.me/officialabplive
Disclaimer: Crypto products and NFTs are unregulated and can be extremely risky. There may be no regulatory recourse for any losses arising from such transactions. Cryptocurrencies are not legal tender and are subject to market risks. Readers are advised to seek expert advice and carefully read the offer documents as well as relevant important literature on the subject before making any investment. cryptocurrency Market predictions are hypothetical and any investment made will be at the readers’ sole cost and risk.