Cryptocurrency Price Today (November 25): Bitcoin Stable Above $98,000, SAND Becomes Top Gainer
Cryptocurrency price on November 25 quick take: The global market cap rose to $3.35 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained stable within the $98,000 range over the weekend. 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 87 (Extreme Greed) out of 100, as per CoinMarketCap data. The Sandbox (SAND) token became the top gainer, with a 24-hour jump of over 30 percent. Stellar (XLM) was the biggest loser today, with a 24-hour dip of nearly 11 percent.
The global crypto market cap stood at $3.35 trillion at the time of writing, registering a 24-hour loss of 0.58 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $98,015.98, registering a 24-hour loss of 0.46 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 82.65 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,409.62, marking a 24-hour dip of 0.39 percent at the time of writing. Ethereum price in India stood at Rs 2.86 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 2.14 percent, as per CoinMarketCap data, currently priced at $0.4282. Dogecoin price in India stood at Rs 36.16.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 4.36 percent. At the time of writing, it was trading at $97.35. LTC price in India stood at Rs 8,205.62.
Ripple (XRP) Price Today
XRP price stood at $1.50, seeing a 24-hour gain of 2.25 percent. Ripple price in India stood at Rs 126.50.
Solana (SOL) Price Today
Solana price stood at $253.64, marking a 24-hour loss of 1.09 percent. SOL price in India stood at Rs 21,399.48.
Top Crypto Gainers Today (November 25)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
The Sandbox (SAND)
Price: $0.7809
24-hour gain: 30.15 percent
Sei (SEI)
Price: $0.6471
24-hour gain: 13.72 percent
Peanut the Squirrel (PNUT)
Price: $1.33
24-hour gain: 12.34 percent
Lido DAO (LDO)
Price: $1.51
24-hour gain: 8.81 percent
Stacks (STX)
Price: $2.26
24-hour gain: 6.86 percent
Top Crypto Losers Today (November 25)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Stellar (XLM)
Price: $0.5194
24-hour loss: 10.74 percent
BitTorrent (New) (BTT)
Price: $0.00000135
24-hour loss: 5.97 percent
Core (CORE)
Price: $1.07
24-hour loss: 5.94 percent
Optimism (OP)
Price: $2.17
24-hour loss: 5.87 percent
Hedera (HBAR)
Price: $0.1432
24-hour loss: 5.62 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has corrected by over 3.5% from its recent high over the weekend. Currently trading at $97,500, BTC is taking a breather to re-attempt the $100k mark. Altcoins like Ethereum, Solana, Doge, and XRP have also felt the pullback, dropping up to 16% from their highs. Despite this, market activity remains strong, with Bitcoin ETFs projected to surpass Satoshi’s BTC holdings by year-end. BTC now faces resistance at $99,600, with strong support holding at $95,400.”
CoinSwitch Markets Desk noted, “Bitcoin reached an all-time high of $99,588 last week, with market participants eagerly anticipating the psychological $100K milestone. Currently, BTC is trading around the $97,500 level, reflecting mixed market sentiment. While some analysts foresee a potential correction, others remain optimistic about its upward trajectory. Altcoins demonstrated strong performance over the weekend and are expected to maintain their momentum, provided Bitcoin remains stable without significant retracement.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin continues to rise towards the $100,000 level, though momentarily dropped from $98,000 to $97,680. Despite a drop in market cap to the $1.93 trillion level, the bull run continues based on an +18.25% increase in trading volume to the level of $52.14 billion. Market sentiment are also bullish as the 10-day Simple Moving Average stands at $94,910 reading "Buy," but an Relative Strength Index (RSI) of 78 is a level that could point towards being overbought.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) faced significant resistance near $97,000, with manipulative trading tactics and heavy profit-taking preventing the price from breaking the $100,000 mark. Spoofing and liquidity games, including an ask wall around $99,000-$99,500, contributed to the price decline. On November 22, long-term holders made record profits of $443 million as BTC neared an all-time high of $99,800, with unrealized gains reaching 57%. Analysts warned of a possible correction as the market approached the highs of March 2024. Despite short-term resistance, long-term bullish sentiment remains, with some predicting that BTC could reach $175,000 by 2025, depending on market dynamics.”
Shivam Thakral, CEO of BuyUcoin, said, “In the past 24 hours, Bitcoin dipped to a low of $97,000. Despite this setback, Bitcoin has shown resilience, up nearly 44% since early November. Investors suggest that this dip may present a buying opportunity, especially for undervalued utility tokens. Investors predict potential peaks for Bitcoin in mid-2025, indicating a bullish outlook amidst the current fluctuations. The market is still positive about the potential for a future comeback, indicating that Bitcoin may regain its momentum towards reaching the $100,000 milestone. As investors digest these fluctuations, attention will likely shift towards potential rebounds in the altcoin sector and broader market stabilization in the coming days.”
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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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