Cryptocurrency Price Today: Bitcoin, Ethereum Recover As Most Altcoins Register Minor Gains


Bitcoin (BTC) and Ethereum (ETH) — two of the most valued crypto coins — managed to rise above the $16,000 and $1,200 marks, respectively, on early Tuesday morning. Other popular altcoins — including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens as overall prices saw minor gains across the board. The Quant (QNT) token emerged to be the biggest gainer, seeing a 24-hour jump of over 23 percent. Convex Finance (CVX), on the other hand, turned out to be the biggest loser. 

At the time of writing, the global crypto market cap stood at $845.41 billion, registering a 24-hour gain of 4.15 percent.

Bitcoin (BTC) price today

Bitcoin price stood at $16,808.59, seeing a 24-hour gain of 4.14 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 14.60 lakhs.

Ethereum (ETH) price today

ETH price stood at $1,255.45, marking a 24-hour gain of 5.28 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.10 lakhs.

Dogecoin (DOGE) price today

DOGE registered a 24-hour jump of 5.54 percent as per CoinMarketCap data, currently priced at $0.08658. As per WazirX, Dogecoin price in India stood at Rs 7.60.

Litecoin (LTC) price today

Litecoin saw a 24-hour jump of 3.38 percent. At the time of writing, it was trading at $57.99. LTC price in India stood at Rs 5,000.06.

Ripple (XRP) price today

XRP price stood at $0.3685, seeing a 24-hour gain of 11.39 percent. As per WazirX, Ripple price stood at Rs 32.27.

Solana (SOL) price today

Solana price stood at $14.15, marking a 24-hour jump of 10.14 percent. As per WazirX, SOL price in India stood at Rs 1,280. 

Top crypto gainers today (November 15)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Quant (QNT)

Price: $120.93
24-hour gain: 23.27 percent

Cronos (CRO)

Price: $0.07202
24-hour gain: 22.48 percent

Lido DAO (LDO)

Price: $1.14
24-hour gain: 13.92 percent

Trust Wallet Token (TWT)

Price: $2.32
24-hour gain: 13.62 percent

Solana (SOL)

Price: $14.27
24-hour gain: 12.18 percent

Top crypto losers today (November 15)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Convex Finance (CVX)

Price: $4.15
24-hour loss: 0.71 percent

UNUS SED LEO (LEO)

Price: $3.87
24-hour loss: 0.70 percent

Axie Infinity (AXS)

Price: $7.30
24-hour loss: 0.51 percent

Neutrino USD (USDN)

Price: $0.9295
24-hour loss: 0.43 percent

Binance USD (BUSD)

Price: $1.00
24-hour loss: 0.08 percent

What crypto exchanges are saying about the current market scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Major cryptocurrencies rose over the strong comments of Elon Musk on the crypto market on Monday. Bitcoin started the week trading at the $16,700 level as volatility in the crypto market continued following the collapse of FTX. BTC’s support now lies at $15,500, while the resistance holds at $17,200. On the other hand, Ethereum has bounced off its support level at $1,180. It is likely that ETH might consolidate around the $1,220 area. If buyers can hold the gained initiative, the correction may lead to the test of the $1,300 zone this week.”

Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Over the past 24 hours, TWT has moved between the levels of $1.83 and $2.71, indicating high volatility. The TWT rally is attracting a lot of attention, as seen in the token’s trade volumes of over $820 million in the last 24 hours. Due to prolonged market volatility following last week’s FTX decline, Bitcoin (BTC) started the week trading below $17,000. After the fall of FTX, the market struggled to find support; BTC has been trading at this level throughout the day. Bitcoin and Ethereum are now trading in the red after a week of volatility. Bitcoin has returned to the $16,000 level. Dogecoin was currently trading at $0.08, down 10 percent from Shiba Inu which was also trading at $0.000008.”

weTrade founder Prashant Kumar offered his take on the market scenario as well, “Key cryptocurrencies including Bitcoin and Ethereum showed steady behaviour days after the FTX implosion got investors to panic sell. The global crypto market saw a 5 percent increase over the past day. Bitcoin held onto its most recent support level of $16,000 and Ethereum remained steady at $1,200. Other cryptocurrencies including XRP, Polygon, and Tron also showed some positive changes of above 10 percent. Recent events have brought forth an urgent need for regulations in the sector and the same being taken up during the G20 meeting today is a start.”

Shivam Thakral, the CEO of BuyUCoin, said, “The crypto market has started to digest the FTX collapse and has embarked on the recovery path. The data shows that Bitcoin is holding steady along with Ethereum with a jump of 4.22 percent and 6.09 percent, respectively. Most of the crypto assets which were caught in the FTX fallout have started the recovery process and it seems evident that the crypto market will emerge stronger from the FTX crisis as it has done in the past. Solana also ended its downward trend with a jump of over 12 percent. Healthy crypto regulation is the need of the hour.”

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.



Source link

(Visited 1 times, 1 visits today)

About The Author

You Might Be Interested In

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

This is default text for notification bar