Cryptocurrency Price Today (November 22): Bitcoin Rises Above $98,000, FTX Token Becomes Top Gainer

Cryptocurrency price on November 22 quick take: The global market cap rose to $3.29 trillion.

Bitcoin price stood at $98,983.29 on Friday.

Source : Mohamed Hassan/Pixabay

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, continues to inch closer tot he $100,000 mark as it rises above $98,000 early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the greens as the overall Market Fear & Greed Index stood at 88 (Extreme Greed) out of 100, as per CoinMarketCap data. FTX Token (FTT) became the top gainer, with a 24-hour jump of nearly 41 percent. Bitcoin SV (BSV) was the biggest loser today, with a 24-hour dip of over 12 percent.

The global crypto market cap stood at $3.29 trillion at the time of writing, registering a 24-hour jump of 3.51 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $98,983.29, registering a 24-hour gain of 1.85 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 77.24 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,371.70, marking a 24-hour jump of 8.10 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 jump of 2.19 percent, as per CoinMarketCap data, currently priced at $0.3925. Dogecoin price in India stood at Rs 31.57.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 0.93 percent. At the time of writing, it was trading at $89.81. LTC price in India stood at Rs 7,869.61.

Ripple (XRP) Price Today

XRP price stood at $1.39, seeing a 24-hour gain of 25.48 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 22)

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

FTX Token (FTT)

Price: $2.81
24-hour gain: 40.47 percent

Ripple (XRP)

Price: $1.39
24-hour gain: 25.61 percent

Mog Coin (MOG)

Price: $0.000002881
24-hour gain: 24.11 percent

Stellar (XLM)

Price: $0.2847
24-hour gain: 20.23 percent

Optimism (OP)

Price: $2.04
24-hour gain: 19.89 percent

Top Crypto Losers Today (November 22)

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

Bitcoin SV (BSV)

Price: $67.88
24-hour loss: 12.01 percent

eCash (XEC)

Price: $0.00004439
24-hour loss: 10.79 percent

Bitcoin Cash (BCH)

Price: $492.65
24-hour loss: 6.99 percent

Peanut the Squirrel (PNUT)

Price: $1.27
24-hour loss: 6.34 percent

Quant (QNT)

Price: $86.90
24-hour loss: 3.09 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has reached yet another all-time high, hitting $99,000 and edging closer to the $100K milestone. The rally driven by increased trading volumes in the “Bitcoin Industrial Complex” and the news of Trump’s media company filing for a trademark for a crypto payments service, lifting the market sentiment. Despite the rally, Bitcoin’s market dominance has dipped, signaling growing strength in altcoins like Ethereum, Doge, Solana and XRP jumping upto 25% in a day. BTC now faces critical resistance at $99,950 before breaking into the six-figure territory, with strong support holding at $95,000.”

CoinSwitch Markets Desk noted, “Bitcoin (BTC) is trading above $99,000, just 1% shy of the critical $100,000 mark, which would push its market cap past $2 trillion. With a 2.5% gain in the last 24 hours, BTC shows strong momentum, though profit-booking near this psychological milestone could spark volatility. SEC Chair Gary Gensler, known for his tough crypto stance, plans to leave the commission entirely on January 20 if Trump takes office, potentially reshaping regulatory dynamics.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's meteoric rise, now just a stone's throw away from the $100,000 mark, underscores its dominance in the crypto space. With a growing influx of capital into spot BTC ETFs and a market cap now surpassing $1.9 trillion, Bitcoin continues to strengthen its position, accounting for 58% of the total crypto market. While many altcoins are facing headwinds, particularly meme coins like PEPE and DOGE, Bitcoin’s strength is clearly drawing a clearer line between quality assets and speculative plays. As we approach this critical $100K milestone, the market's focus is shifting toward BTC as the dominant force, with altcoins like BCH and BSV showing resilience. It’s clear—Bitcoin is not just leading the charge but redefining the landscape of the crypto market.” 

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin price targets for 2025 range from $100,000 to $200,000, driven by institutional demand, an influx of ETFs and regulatory clarity under a pro-crypto administration. Bernstein Research predicts $200,000 by 2025, citing bitcoin reserves and growing investment from firms like MicroStrategy. The regression model predicts a top of $150,000 after the halving in 2024. However, the fractal pattern suggests a correction after reaching $100,000, reflecting the 2021 bearish divergence that preceded the 77% decline. Analysts are warning of a potential 40% drop to $60,000, which is in line with Bitcoin's 50-week EMA. This correction could attract strong buyer interest and fuel a renewed rally through the end of 2025.”

Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, Bitcoin reached a record high of $99,000. XRP led the charge with a remarkable 25% increase, driven by renewed optimism surrounding a more crypto-friendly regulatory environment in the U.S. Investors have their sights set on a possible short-term price goal of $1.40 for XRP. Additionally, it is anticipated that Donald Trump's win in the election will drive the implementation of crypto-friendly policies, which will in turn enhance market sentiment. As trading volumes rise and hopes for ETF approvals increase, the future looks extremely positive for XRP and the wider cryptocurrency market as we near the end of the year.” 

Sumit Gupta, co-founder, CoinDCX, said, “Bitcoin has soared past $99,000 for the first time in its history, setting a new all-time high and capturing the attention of investors worldwide. Over the past two to three weeks, the world’s largest crypto has been on an upward trajectory, consistently hitting new price peaks and now approaching the highly anticipated $100,000 psychological threshold.”

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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.