Cryptocurrency Price Today: Bitcoin Dips Below $36,000, Ethereum Loses $2,000 Mark
Cryptocurrency price on November 15 quick take: The global market cap dipped to $1.36 trillion.
Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, dipped below the $36,000 mark early Wednesday, continuing to slump over the past few days. Even Ethereum (ETH) lost its hard-earned $2,000 mark. The US CPI annual inflation came in below expectation, at 3.2 percent. It remains to be seen if that turns things around for crypto coins in the coming days. Other popular altcoins — including the likes of Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board.
The global crypto market cap stood at $1.36 trillion at the time of writing, registering a 24-hour dip of 2.25 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $35,428.64, registering a 24-hour loss of 2.87 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 30.87 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,971.91, marking a 24-hour dip of 4.05 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.72 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 2.99 percent, as per CoinMarketCap data, currently priced at $0.0727 As per WazirX, Dogecoin price in India stood at Rs 6.30.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.93 percent. At the time of writing, it was trading at $71.30. LTC price in India stood at Rs 6,108.18.
Ripple (XRP) Price Today
XRP price stood at $0.6284, seeing a 24-hour dip of 4.87 percent. As per WazirX, Ripple price stood at Rs 54.70.
Solana (SOL) Price Today
Solana price stood at $56.31, marking a 24-hour gain of 3.93 percent. As per WazirX, SOL price in India stood at Rs 4,889.96.
Top Crypto Gainers Today (November 15)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Celestia (TIA)
Price: $5.89
24-hour gain: 14.99 percent
dYdX (ETHDYDX)
Price: $3.40
24-hour gain: 10.90 percent
Gnosis (GNO)
Price: $173.35
24-hour gain: 8.51 percent
Kaspa (KAS)
Price: $0.08842
24-hour gain: 6.94 percent
PancakeSwap (CAKE)
Price: $2.23
24-hour gain: 2.91 percent
Top Crypto Losers Today (November 15)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Lido DAO (LDO)
Price: $2.15
24-hour loss: 11.13 percent
NEAR Protocol (NEAR)
Price: $1.51
24-hour loss: 11.07 percent
ApeCoin (APE)
Price: $1.38
24-hour loss: 10.94 percent
Decentraland (MANA)
Price: $0.4217
24-hour loss: 10.80 percent
Render (RNDR)
Price: $2.21
24-hour loss: 10.07percent
What Crypto Exchanges Are Saying About Current Market Scenario
Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, “The crypto market has shown a healthy correction in the last 24 hours. BTC (-2.8 percent) dropped below the $36,000 mark. The next line of support for BTC is at $33,500; if BTC maintains that, we are still in a good uptrend. The market highlight remains the two-week-old token Celestia (TIA, +26.1 percent) as it pumped close to 50 percent at its peak yesterday and touched $6.3 before retracing back a bit. Celestia is a modular data availability network that had recently airdropped more than $120 million value at the time of airdrop for its active users.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market witnessed a healthy pullback after a continuous rally. The positive US inflation data triggered a correction across crypto assets with BTC and ETH slipping by almost 3% and 4% respectively. US stocks saw an upward trend after the positive inflation data became public signaling renewed interest in traditional assets. The crypto market may face some selling pressure in the coming weeks owing to macroeconomic conditions.”
CoinDCX Research Team told ABP Live, “Despite lower-than-expected United States inflation data, indicating a 3.2% yearly increase and a positive US stock market, the crypto market witnessed a decline yesterday. BTC and ETH both experienced drops of over 3% in the last 24 hours. Currently, BTC is positioned at the 20 EMA 1Day and is trading at $35,450, while ETH is trading at $1,970, below the support level of $2,011. In a positive development, despite China maintaining its prohibitive stance towards Bitcoin and cryptocurrencies, there is growing crypto adoption. A Chinese company, Boyaa, has announced a substantial investment of $100 million in Bitcoin and Ethereum.”
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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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