Cryptocurrency Price Today (November 27): Bitcoin Continues On Downward Trends, Dips To $92,000
Cryptocurrency price on November 27 quick take: The global market cap dipped to $3.19 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, continued to lose steam as it dipped down to the $92,000 mark early Wednesday. 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 80 (Extreme Greed) out of 100, as per CoinMarketCap data. The Fantom (FTM) token became the top gainer, with a 24-hour jump of over 16 percent. Stellar (XLM) was the biggest loser today, with a 24-hour dip of nearly 16 percent.
The global crypto market cap stood at $3.19 trillion at the time of writing, registering a 24-hour loss of 2.08 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $92,632,20, registering a 24-hour loss of 2.09 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 82.65 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,356.21, marking a 24-hour dip of 2.62 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 4.84 percent, as per CoinMarketCap data, currently priced at $0.387. Dogecoin price in India stood at Rs 36.16.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 1.80 percent. At the time of writing, it was trading at $92.65. LTC price in India stood at Rs 8,205.62.
Ripple (XRP) Price Today
XRP price stood at $1.37, seeing a 24-hour dip of 5.61 percent. Ripple price in India stood at Rs 126.50.
Solana (SOL) Price Today
Solana price stood at $231.68, marking a 24-hour loss of 2.61 percent. SOL price in India stood at Rs 21,399.48.
Top Crypto Gainers Today (November 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Fantom (FTM)
Price: $1.12
24-hour gain: 16.24 percent
Zcash (ZEC)
Price: $56.07
24-hour gain: 15.74 percent
Algorand (ALGO)
Price: $0.298
24-hour gain: 11.89 percent
Celestia (TIA)
Price: $8.32
24-hour gain: 10.44 percent
Injective (INJ)
Price: $29.93
24-hour gain: 10.21 percent
Top Crypto Losers Today (November 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Stellar (XLM)
Price: $0.4266
24-hour loss: 15.46 percent
The Sandbox (SAND)
Price: $0.5868
24-hour loss: 11.45 percent
dogwifhat (WIF)
Price: $3.03
24-hour loss: 9.70 percent
Decentraland (MANA)
Price: $0.5708
24-hour loss: 8.29 percent
Worldcoin (WLD)
Price: $2.34
24-hour loss: 7.12 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues its correction, currently trading at $92,600—around 8% below its all-time high of $99,650. Leading altcoins like Solana, Ethereum, XRP, and Dogecoin are also pulling back from near-all-time highs as investors lock in profits. CryptoQuant data reveals that long-term Bitcoin holders have sold over 728,000 BTC in the past 30 days, creating fresh entry opportunities. Bitcoin ETFs have seen a net outflow of $438 million, breaking a five-day streak of inflows. BTC now faces resistance at $93,800, with strong support holding steady at $89,600. Investors should continue to DCA to get better risk adjusted returns in the long term.”
CoinSwitch Markets Desk noted, “Bitcoin's price took a sharp dive, dropping 6.3% to $90,800, after touching a historic high of $99,500 just four days ago on November 22. This pullback isn’t driven by ETFs or institutional investors, but rather long-term holders, who sold off 128,000 BTC. On-chain data reveals U.S. spot ETFs absorbed 90% of this selling pressure, highlighting robust market demand despite the drop. External factors are adding to the turbulence. Donald Trump’s newly announced tariff hikes on China, Mexico, and Canada have bolstered the U.S. dollar, creating headwinds for Bitcoin and equity markets alike. Altcoins are also feeling the heat—Ethereum, Solana, XRP, and Dogecoin have posted sharp corrections, sliding between 5% and 10% in the past 24 hours.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has experienced significant volatility, dropping below $92,000 after nearly reaching $100,000. Investors are cautiously optimistic, suggesting that this decline could be temporary, predicting a potential recovery to $125,000 by year-end and even $200,000 by 2025. The recent price drop has been attributed to the expiry of options and reduced term premiums from U.S. Treasury bonds, which somehow decreased the appeal of using Bitcoin as a hedge on the traditional market. Despite these challenges, institutional interest remains robust, with notable inflows into Bitcoin ETFs and MicroStrategy increasing its holdings.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's price dropped 8% in four days to $92,479, retreating from the $100K milestone amid profit-taking and market turbulence fueled by Trump’s trade policy announcements. This pullback reflects typical market cycles, with analysts predicting a stronger rebound driven by high investor interest. Metrics like the MVRV ratio and NUPL suggest the bull market remains intact, with unrealized profits fueling optimism. Capital inflows surged to $99.5B in 30 days, while stablecoin reserves on exchanges soared, indicating heightened market speculation. Pro-crypto policies, including the BITCOIN Act and potential SEC picks under Trump, add to bullish sentiment, setting Bitcoin up for renewed momentum.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, "Bitcoin's recent volatility, with a notable retracement from near $100,000 to sub-$92,000, highlights the inherent risk and reward that comes with the cryptocurrency market. While the correction may concern newer investors, it's important to remember that larger market participants—whales and sharks—are still actively accumulating, with over $6 billion worth of BTC added to their holdings in November alone. This ongoing accumulation suggests that the broader market sentiment remains positive, despite short-term fluctuations."
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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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