Cryptocurrency Price Today (November 11): Bitcoin Records New All-Time High As It Rises Above $81,000

Cryptocurrency price on November 11 quick take: The global market cap dipped to $2.76 trillion.

Bitcoin price stood at $81,576.23 on Monday.

Source : Mohamed Hassan/Pixabay

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, kept reaping the fruits of Donald Trump’s US Presidential election victory to chart a new all-time high of $81,000. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw notable gains across the board as the overall Market Fear & Greed Index stood at 79 (Greed) out of 100, as per CoinMarketCap data. CRONOS became the biggest gainer, with a 24-hour jump of over 32 percent. Raydium (RAY) became the biggest loser after a mega rally, with a 24-hour loss of nearly 4 percent. 

The global crypto market cap stood at $2.76 trillion at the time of writing, registering a 24-hour jump of 4.13 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $81,576.23, registering a 24-hour gain of 5.39 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 68.83 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,175.17, marking a 24-hour gain of 1.08 percent at the time of writing. Ethereum price in India stood at Rs 2.69 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 29.59 percent, as per CoinMarketCap data, currently priced at $0.2944. Dogecoin price in India stood at Rs 24.88.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour gain of 1,76 percent. At the time of writing, it was trading at $77.07. LTC price in India stood at Rs 5,943.60.

Ripple (XRP) Price Today

XRP price stood at $0.5921, seeing a 24-hour jump of 3.44 percent. Ripple price in India stood at Rs 50.

Solana (SOL) Price Today

Solana price stood at $208.08, marking a 24-hour gain of 3.06 percent. SOL price in India stood at Rs 17,699.06. 

Top Crypto Gainers Today (November 11)

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

Cronos (CRO)

Price: $0.1429
24-hour gain: 32.79 percent

Dogecoin (DOGE)

Price: $0.2937
24-hour gain: 28.56 percent

dogwifhat (WIF)

Price: $3.12
24-hour gain: 24.56 percent

Floki (FLOKI)

Price: $0.0001818
24-hour gain: 22.11 percent

Stacks (STX)

Price: $2.08
24-hour gain: 19.26 percent

Top Crypto Losers Today (November 11)

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

Raydium (RAY)

Price: $5.50
24-hour loss: 3.80 percent

Neiro (NEIRO)

Price: $0.002695
24-hour loss: 3.76 percent

Helium (HNT)

Price: $6.59
24-hour loss: 3.65 percent

Aave (AAVE)

Price: $189.68
24-hour loss: 2.95 percent

Ethena (ENA)

Price: $0.5703
24-hour loss: 2.44 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin reached a fresh all-time high of $81,600 over the weekend and is now trading at $81,300. The BTC fear-greed index signals “Extreme Greed,” indicating strong momentum, while long positions in futures have risen to $2.8 billion on BTC at $90K, showing market confidence in the ongoing bull run. Ethereum has also rallied, climbing to $3,200 amid positive sentiment following Bitcoin’s latest peak. This upward momentum may fuel price action across broader markets. Bitcoin’s resistance stands at $82,500, with strong support at $75,600.”

CoinSwitch Markets Desk noted, “BTC broke through another all time high as it crossed 80,000 dollars for the first time in history. Even though the market dipped a bit towards the weekly close and reached 78.5k USD, it recovered sharply to create another all time high on Monday.  Solana on the other hand, soared to a market cap of 100 billion dollars for a short while, making it only third crypto to do so after BTC and ETH though it acted as a price resistance with SOL required to trade above 212 USD to stay above the same.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The price of Bitcoin jumped above $80,000 for the first time after Donald Trump's decisive victory in the US election. The rise is partly driven by expectations that Trump will deregulate the crypto industry and create a more favorable environment for digital assets. His promise to make the US the "crypto capital of the planet" and appoint crypto-friendly regulators, including replacing SEC Chairman Gary Gensler, has fueled optimism. Other cryptocurrencies like Dogecoin are also gaining. Trump's broader economic agenda, including tax cuts and deregulation, has boosted various markets, including stocks, bonds and the dollar.”

Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin surged to an all-time high of over $81,000 following the recent U.S. elections, driven by Donald Trump’s victory and the election of pro-crypto candidates to Congress. This political change has raised hopes for a more favorable regulatory landscape and fewer limitations on cryptocurrency markets. It is anticipated that this newly supportive legislative landscape could stimulate innovation and adoption within the industry. Investors are hopeful about the possibility of long-term growth and stability in the cryptocurrency space as confidence rises, setting up Bitcoin and other digital assets for a bright future.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is up 5% in the last 24 hours to an all-time high of around $81,672, amid a broader uptrend in cryptocurrency. Bitcoin is currently trading at $81,385. Bitcoin and Dogecoin (DOGE) are leading the charge, taking the market advance higher by 4%. Several of the drivers for this rally include recent favorable U.S. elections for pro-crypto candidates that will further promote mainstream adoption of digital assets and expectations that the U.S. may purchase over 1 million Bitcoins over the next five years to alleviate concerns over the national debt and strengthen its financial position. More importantly, several recently undertaken rate cuts by the Federal Reserve and the Bank of England have inclined the big investors to divert from traditional assets such as gold towards Bitcoin expecting long-term returns. Today on Monday, the total global market capitalization hit $2.72 trillion, marking a 1.60% increase over the last day.”

Sumit Gupta, co-founder, CoinDCX, said, “First time in history Bitcoin crossed $81,000 mark and reaching a historic $1.5 trillion market capitalization is a testament to renewed market optimism driven by strong fundamentals and recent U.S. election results that hint at pro-crypto policies ahead. This achievement underscores Bitcoin's resilience and appeal as a hedge against traditional market volatility. Increased institutional interest, facilitated by Bitcoin ETFs and evolving regulatory clarity, continues to solidify Bitcoin’s role as ‘digital gold.’ If regulatory frameworks become more favourable, we could see even broader institutional adoption, potentially marking the end of the crypto winter and fostering a stronger digital asset ecosystem.”

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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.