Cryptocurrency Price Today (November 21): Bitcoin Sets Yet Another ATH, Rises Above $97,000
Cryptocurrency price on November 21 quick take: The global market cap rose to $3.19 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, has set a new all-time high (ATH) as it rose above the $97,000 mark early Thursday. The latest rally is believed to be driven by Donald Trump’s push for a White House role for crypto policy. It now remains to be seen when BTC will be able to pass the much-awaited $100,000 mark. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens as the overall Market Fear & Greed Index stood at 85 (Extreme Greed) out of 100, as per CoinMarketCap data. Bitcoin Cash (BCH) became the top gainer, with a 24-hour jump of nearly 16 percent. Goatseus Maximus (GOAT) was the biggest loser today, with a 24-hour dip of nearly 17 percent.
The global crypto market cap stood at $3.19 trillion at the time of writing, registering a 24-hour jump of 3.95 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $97,636.69, registering a 24-hour gain of 5.63 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 77.24 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,125.75, marking a 24-hour jump of 0.32 percent at the time of writing. Ethereum price in India stood at Rs 2.64 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 0.42 percent, as per CoinMarketCap data, currently priced at $0.3874. Dogecoin price in India stood at Rs 31.57.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.79 percent. At the time of writing, it was trading at $86.94. LTC price in India stood at Rs 7,869.61.
Ripple (XRP) Price Today
XRP price stood at $1.11, seeing a 24-hour gain of 3.09 percent. Ripple price in India stood at Rs 97.57.
Solana (SOL) Price Today
Solana price stood at $241.09, marking a 24-hour jump of 2.68 percent. SOL price in India stood at Rs 20,332.55.
Top Crypto Gainers Today (November 21)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Bitcoin Cash (BCH)
Price: $505.69
24-hour gain: 15.80 percent
Bitcoin SV (BSV)
Price: $75.74
24-hour gain: 11.72 percent
eCash (XEC)
Price: $0.00004849
24-hour gain: 10.60 percent
Floki (FLOKI)
Price: $0.000264
24-hour gain: 9.08 percent
Bittensor (TAO)
Price: $492.15
24-hour gain: 6.20 percent
Top Crypto Losers Today (November 21)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Goatseus Maximus (GOAT)
Price: $0.9445
24-hour loss: 16.40 percent
Peanut the Squirrel (PNUT)
Price: $01.45
24-hour loss: 9.72 percent
Popcat (SOL) (POPCAT)
Price: $1.54
24-hour loss: 9.31 percent
Mog Coin (MOG)
Price: $0.000002182
24-hour loss: 9.19 percent
JasmyCoin (JASMY)
Price: $0.01998
24-hour loss: 7.67 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues its bullish streak creating a new all-time high of $95,000. Market sentiment grew stronger from Bloomberg's report of Trump’s plan to establish a dedicated White House role for crypto policy. The anticipation of faster regulatory clarity coupled with BlackRock’s Bitcoin ETF options projecting a $176k price target by 2026 has driven BTC’s price to the $95K milestone. BTC now faces resistance at the previous high of $95,900, with support holding at $92,800, as investors remain confident about its upward trajectory.”
Balaji Srihari, Business Head, CoinSwitch, said, “Bitcoin surged to an all-time high, surpassing $94,000, signalling that the much-anticipated $100,000 milestone could be within reach- many analysts predict that this mark could be achieved as early as the end of November. Since the recent U.S. election, Bitcoin has been consistently setting new records, encouraged by expectations of a more supportive regulatory framework and a potential national Bitcoin reserve; that can legitimize Bitcoin as a government-backed asset.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) jumped above $96,500 in early Asian trading and is nearing the $100,000 mark, which would push its market cap above $2 trillion. The rally, which is up nearly 30% in the past 14 days, is being fueled by a pro-crypto-American government after the Republican victory and the Federal Reserve's recent rate cut, which has revived risk appetite. The rally is being dubbed the "Trump trade" with assets broadly rallying since Donald Trump won the election. Strong interest in BlackRock's IBIT options, which track bitcoin prices, and a supportive pro-crypto cabinet are driving forces.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has seen significant growth, reaching over $96,000, close to hitting the crucial $100,000 milestone that would push its market value above $2 trillion. This surge, driven by a Republican win in the recent U.S. elections, has seen BTC gain nearly 30% over the past two weeks. Additionally, the launch of BlackRock’s IBIT option has attracted significant interest, with an impressive trading volume of 73,000 contracts within the first hour. Investors are optimistic and targeting as high as $200,000 in the coming months as institutional confidence in Bitcoin continues to grow.”
Sumit Gupta, co-founder, CoinDCX, said, “Bitcoin has surged to an impressive $95,040, marking a key milestone as it approaches the $100,000 threshold. Bitcoin has more than doubled in value this year, with a remarkable 40% increase in just the past two weeks. This meteoric rise follows Donald Trump's election as the next U.S. president, alongside the election of several pro-crypto lawmakers to Congress, sparking optimism for the future of digital assets.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The Bitcoin rally to $97,000 spotlights the growing dominance of BTC as one of the world's top assets, driven by institutional adoption and the beginning of speculative interest in iShares Bitcoin Trust (IBIT) options. With a market capitalization of $1.86 trillion, bitcoin can arguably rival traditional financial institutions in terms of global importance. Launches such as BlackRock's iShares Bitcoin Trust have provided tremendous liquidity boost and price stability, amassing $1.9 billion in notional exposure and trading 354,000 contracts on the opening day. Yet the extreme optimism of price targets, such as $170,000, represents exceptions in an otherwise leverage-driven options trading strategy.”
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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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