Cryptocurrency Price Today: Bitcoin Climbs Above $37,000 For The First Time Since May 2022
Cryptocurrency price on November 13 quick take: The global market cap rose to $1.41 trillion.
Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $37,000 mark for the first time since May 2022, as per CoinMarketCap data. The recent conviction of FTX founder Sam Bankman-Fried as well as the much-talked-about Bitcoin ETF possibilities are believed to have led to this recent rally. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board. The 0x Protocol (ZRX) token emerged to be the biggest gainer, with a 24-hour jump of nearly 50 percent.
The global crypto market cap stood at $1.42 trillion at the time of writing, registering a 24-hour gain of 0.88 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $37,032.91, registering a 24-hour gain of 0.16 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 32.10lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,045.40, marking a 24-hour dip of 0.31 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 dip of 0.41 percent, as per CoinMarketCap data, currently priced at $0.07759 As per WazirX, Dogecoin price in India stood at Rs 6.80.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 0.23 percent. At the time of writing, it was trading at $74.52. LTC price in India stood at Rs 6,618.34.
Ripple (XRP) Price Today
XRP price stood at $0.6572, seeing a 24-hour loss of 0.42 percent. As per WazirX, Ripple price stood at Rs 57.30.
Solana (SOL) Price Today
Solana price stood at $57.58, marking a 24-hour jump of 0.60 percent. As per WazirX, SOL price in India stood at Rs 5,139.99.
Top Crypto Gainers Today (November 13)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
0x Protocol (ZRX)
Price: $0.5218
24-hour gain: 49.41 percent
THORChain (RUNE)
Price: $5.13
24-hour gain: 28.95 percent
Avalanche (AVAX)
Price: $16.76
24-hour gain: 17.61 percent
Celestia (TIA)
Price: $4.28
24-hour gain: 14.81 percent
Huobi Token (HT)
Price: $3.19
24-hour gain: 14.67 percent
Top Crypto Losers Today (November 13)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
FTX Token (FTT)
Price: $3.42
24-hour loss: 19.36 percent
Mantle (MNT)
Price: $0.434
24-hour loss: 5.70 percent
Neo (NEO)
Price: $12.43
24-hour loss: 4.34 percent
Injective (INJ)
Price: $17.54
24-hour loss: 3.04 percent
Blur (BLUR)
Price: $0.4148
24-hour loss: 2.77 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin maintained its position above the $37,000 over the weekend, marking a fourth consecutive week of gains. Despite being only halfway to its all-time high, BTC has surged over 40 percent over the past four weeks on the back of growing spot ETF expectations. Market participants are eyeing the $40,000 level. Meanwhile, Ethereum has outperformed BTC in terms of weekly gains, holding above $2,000 post-Blackrock's spot ETF filing. The overall market sentiment remains bullish.”
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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.
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