Cryptocurrency Price Today: Bitcoin Remains Above $37,000, Uniswap Becomes Biggest Gainer

Cryptocurrency price on November 28 quick take: The global market cap dipped to $1.41 trillion.

Bitcoin price stood at $37,123.92 on Tuesday.

Source : Jievani Weerasinghe/Pixabay

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to remain above the $37,000 mark early Tuesday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — saw minor dips across the board. Uniswap (UNI) emerged to be the biggest gainer, with a 24-hour jump of over 6 percent. Blur (BLUR), on the other hand, continued to remain the biggest loser for the second consecutive day, with a 24-hour dip of nearly 10 percent.

The global crypto market cap stood at $1.41 trillion at the time of writing, registering a 24-hour loss of 0.74 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $37,123.92, registering a 24-hour dip of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 32.96 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,024.79, marking a 24-hour dip of 1.15 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.78 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 0.11 percent, as per CoinMarketCap data, currently priced at $0.07805. As per WazirX, Dogecoin price in India stood at Rs 6.90.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 0.80 percent. At the time of writing, it was trading at $68.80. LTC price in India stood at Rs 6,090.03.

Ripple (XRP) Price Today

XRP price stood at $0.6039, seeing a 24-hour loss of 0.82 percent. As per WazirX, Ripple price stood at Rs 53.42.

Solana (SOL) Price Today

Solana price stood at $54.91, marking a 24-hour dip of 2.81 percent. As per WazirX, SOL price in India stood at Rs 4,862.32. 

Top Crypto Gainers Today (November 28)

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

Uniswap (UNI)

Price: $6.51
24-hour gain: 6.93 percent

Celestia (TIA)

Price: $5.74
24-hour gain: 6.65 percent

THORChain (RUNE)

Price: $5.56
24-hour gain: 5.72 percent

Terra Classic (LUNC)

Price: $0.0001015
24-hour gain: 5.47 percent

Toncoin (TON)

Price: $2.44
24-hour gain: 2.53 percent

Top Crypto Losers Today (November 28)

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

Blur (BLUR)

Price: $0.5004
24-hour loss: 9.36 percent

Axie Infinity (AXS)

Price: $6.72
24-hour loss: 8.31 percent

FTX Token (FTT)

Price: $3.65
24-hour loss: 8.11 percent

The Sandbox (SAND)

Price: $0.4007
24-hour loss: 5.94 percent

Sui (SUI)

Price: $0.5887
24-hour loss: 5.93 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “In the last 24 hours, Bitcoin has sustained a trading position above the $37,100 level. This price movement could result from traders seizing profits in cryptocurrency markets, driven by recent gains. To regain positive momentum, Bitcoin must now breach the $37,500 level or face the possibility of finding support around $36,800. Despite being 45 percent below its all-time high, Bitcoin has shown a robust year-to-date growth of 123 percent. Meanwhile, the announcement of a partnership between Metaco, the Swiss digital assets custody firm acquired by Ripple earlier this year, and HSBC has generated excitement among XRP supporters. On a different note, Ethereum has been consistently trading above the $2,000 threshold.”

Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “The overall investor sentiment towards the crypto market seems to be taking a breather as the market trades flat. In the last 24 hours, BTC (-0.3 percent) fell below the $37,000 mark before correcting upwards and regaining the price above $37,000. Additionally, data from Glassnode highlight that BTC’s short-term holders have reached a historic low after observing the the most significant divergence ever witnessed between its long-term holders (LTHs) and short-term holders (STHs). This may mean that long-term investor confidence in BTC seems to be maintained, if not furthered. In parallel, another report from CoinShares highlighted that in the last week, crypto investment funds experienced their highest net inflows of the year, mirroring the 2021 bull market. The ongoing anticipation of a spot bitcoin (BTC) ETF continues to attract investors.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin is trading around the $37,000 mark, slightly decreasing in the past 24 hours. On the other hand, Ethereum is above the $2,000 mark. Analysts are forecasting a bullish trajectory for Bitcoin, projecting a potential surge to $57,000. A resurgence was witnessed as Ethereum aims to reclaim its all-time high of $4,800, pointing towards renewed bullish sentiment. Concurrently, mounting optimism surrounds the possible approval of a Bitcoin Exchange-Traded Fund (ETF), a sentiment underscored by substantial capital inflows into cryptocurrency-related instruments.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin, the leading cryptocurrency, is currently trading at $37,170, down 1.06 percent in the last 24 hours, giving it a market cap of around $730.08 billion. Circulating at 19,554,106 BTC, which is close to a max supply of 21 million. Technically, Bitcoin's pivot is $37,158, facing resistance at $38,648, $39,944, and $41,407, with support at $35,916, $34,399, and $33,185. The key to short-term movement. RSI at 47 signals mild bearish sentiment, MACD at -67.56 indicates potential downside momentum. Trading above the 50-day EMA at $37,245 provides a mixed short-term outlook. A descending triangle at the $38,000 resistance and the $36,400 trendline suggests a bearish breakout could lead to $35,460. Overall, the bearish trend remains below $37,400, requiring close monitoring for potential significant price moves.”

Shivam Thakral, CEO of BuyUcoin, said, “The overall crypto market cap dipped to the $1.41 trillion mark with Altcoins witnessing a major downward trend. Crypto heavyweights like BTC and ETH showed immense stability trading above the $37,000 and $2000 marks respectively. The crypto market is going strong as the regulatory environment is evolving rapidly in the US. The market is expected to remain stable owing to favourable macroeconomic conditions.” 

CoinDCX Research Team told ABP Live, “In the past 24 hours, both BTC and ETH experienced a minor decrease. BTC is currently trading above the 20-day exponential moving average (EMA) and the incline trendline support, yet it remains below the significant resistance level of $38,000. On the other hand, ETH found support at the 20-day EMA yesterday and is currently holding slightly above it, also above the support/resistance flip at $2,020. The BTC dominance remains steady, and altcoins have mirrored recent movements in BTC. Notably, the US market has shown stability in the past few days, and tomorrow's announcement of US preliminary GDP (quarterly) might introduce some volatility to the market.”

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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.