Cryptocurrency Price Today (November 26): Bitcoin Dips Down To $94,000, Lido DAO Becomes Top Gainer
Cryptocurrency price on November 26 quick take: The global market cap dipped to $3.35 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped down to $94,000 early Tuesday, losing its ‘Trump Bump’ gains from the past couple of weeks. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the reds as the overall Market Fear & Greed Index stood at 83 (Extreme Greed) out of 100, as per CoinMarketCap data. The Lido DAO (LDO) token became the top gainer, with a 24-hour jump of over 7 percent. The Sandbox (SAND) was the biggest loser today, with a 24-hour dip of nearly 20 percent.
The global crypto market cap stood at $3.25 trillion at the time of writing, registering a 24-hour loss of 2.52 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $94,424.11, registering a 24-hour loss of 3.64 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 82.65 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,421.79, marking a 24-hour jump of 1.16 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 4.07 percent, as per CoinMarketCap data, currently priced at $0.406. Dogecoin price in India stood at Rs 36.16.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 2.75 percent. At the time of writing, it was trading at $94. LTC price in India stood at Rs 8,205.62.
Ripple (XRP) Price Today
XRP price stood at $1.45, seeing a 24-hour loss of 0.72 percent. Ripple price in India stood at Rs 126.50.
Solana (SOL) Price Today
Solana price stood at $237.74, marking a 24-hour loss of 6.16 percent. SOL price in India stood at Rs 21,399.48.
Top Crypto Gainers Today (November 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Lido DAO (LDO)
Price: $1.62
24-hour gain: 7.42 percent
Uniswap (UNI)
Price: $11.53
24-hour gain: 6.15 percent
Aave (AAVE)
Price: $179.73
24-hour gain: 6.06 percent
Arbitrum (ARB)
Price: $0.8999
24-hour gain: 5.72 percent
dogwifhat (WIF)
Price: $3.34
24-hour gain: 5.14 percent
Top Crypto Losers Today (November 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
The Sandbox (SAND)
Price: $0.6475
24-hour loss: 19.84 percent
Decentraland (MANA)
Price: $0.6168
24-hour loss: 13.90 percent
Raydium (RAY)
Price: $5.51
24-hour loss: 10.48 percent
NEAR Protocol (NEAR)
Price: $6.48
24-hour loss: 8.54 percent
Popcat (SOL) (POPCAT)
Price: $1.33
24-hour loss: 8.34 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues to face selling pressure, dipping to a low of $92,600 before recovering to $94,600. Its market dominance has dropped to 57.4%, as long-position liquidations add to the downward momentum. Despite Bitcoin's decline, activity in the broader crypto market remains strong, with $3.13 billion in inflows over the past week, driven by Spot ETFs. The declining Bitcoin dominance coupled with increased inflows in the broader market indicates the start of an Altcoin Season showing price action in major tokens like Ethereum, XRP, Doge and others.”
CoinSwitch Markets Desk noted, “Bitcoin faced a notable correction today, slipping 4.6% to an intraday low of $92,584 from its earlier high of $99,500, wiping out $118 million in long positions. Despite the turbulence, institutional interest in Bitcoin remains unwavering. Spot Bitcoin ETFs shattered records with $3.12 billion in weekly inflows, according to CoinShares, while MicroStrategy made headlines by adding 55,000 BTC to its holdings, now totalling a staggering 386,700 BTC acquired for $5.4 billion. ”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's trajectory toward $100,000 marks its transformation from a speculative asset to a mature financial instrument, making the comparison remarkably interesting. With record inflows into Bitcoin ETFs have accounted for $30.814 billion in this November, while public companies hold collectively over 361,991 BTC, reflecting trust in digital assets. The options market is heavily bullish for BTC, with substantial activity drawn to the strike prices of $100,000 and $120,000, which reflects growth and expectations of a continued bullish momentum at larger macroeconomic uncertainties and inflationary pressure. Increased adoption by governments, businesses, and retail investors solidify BTC as an international store of value and a hedge on traditional market volatility. As Bitcoin becomes increasingly integrated into mainstream portfolios, it continues to reshape global financial systems, challenge traditional norms, and drive innovation in the face of decentralization, becoming a cornerstone of the rapidly evolving decentralized asset class.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin fell from $99,500 to $94,427, down 5%, despite a 60.55% increase in trading volume. The decline is seen as a potential correction ahead of the next rally. Key levels to watch include resistance at $95,750 with a potential climb to $96,000 or $98,880 and support at $93,000, $92,500 or $90,000. Whalers remain active and show unseen opportunities despite $526 million in liquidations. The Fear & Greed index fell to 79, cooling market sentiment, while the RSI at 41.70 suggests a respite from recent highs. Upcoming $9.4 billion worth of Bitcoin options expire and US election adds to uncertainty. Bitcoin's next move could set the stage for significant volatility.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, Bitcoin experienced a notable drop, falling to $94,000. Despite this, investors remain optimistic about Bitcoin's long-term potential, citing strong institutional interest and increasing adoption as key drivers for future growth. However, Ethereum has seen a significant increase of more than 6% within the past day, reaching $3,525. This rebound comes after breaking out of an eight-month downward trend, resulting in a notable 11.1% rise in the previous week and a remarkable 41% increase in the last month. Investors are optimistic, projecting Ethereum could surpass $4,800 in the current cycle, with some targets set as high as $4,700, approaching its all-time high of $4,878 from November 2021. With stablecoins like USDT playing a pivotal role in capital flow, Ethereum's growth may bolster future trading activities and liquidity across the broader cryptocurrency ecosystem.”
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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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