Cryptocurrency Price Today: Bitcoin Dips Below $36,000, Ethereum Loses $2,000 Mark November 15

Cryptocurrency Market Update

Bitcoin (BTC), the world’s oldest and most valuable digital currency ,Cryptocurrency Price Today experienced a drop below the $36,000 threshold early on Wednesday, extending its recent decline. Similarly, Ethereum (ETH) also fell below the $2,000 mark. The annual inflation rate in the United States, as measured by the Consumer Price Index (CPI), came in lower than expected at 3.2 percent. Cryptocurrency Price Today

The impact of this on the cryptocurrency market in the days ahead remains uncertain. Notably, other prominent altcoins, including Solana (SOL), Ripple (XRP), and Litecoin (LTC), all recorded losses.

Bitcoin price stood at $35,428.64 on Wednesday.

As of the current writing, the global cryptocurrency market cap is at $1.36 trillion, reflecting a 24-hour decrease of 2.25 percent.

Bitcoin (BTC) Price Update

The price of Bitcoin is currently at $35,428.64, indicating a 24-hour loss of 2.87 percent, according to CoinMarketCap. WazirX, an Indian exchange, reports the BTC price at Rs 30.87 lakh.

Ethereum (ETH) Price Update

Ethereum’s price stands at $1,971.91, with a 24-hour decrease of 4.05 percent. In India, WazirX notes the Ethereum price at Rs 1.72 lakh.

Dogecoin (DOGE) Price Update

Dogecoin registered a 24-hour loss of 2.99 percent, currently priced at $0.0727 according to CoinMarketCap. WazirX reports the Dogecoin price in India as Rs 6.30.Cryptocurrency Price Today

Litecoin (LTC) Price Update : Cryptocurrency Price Today

Litecoin experienced a 24-hour dip of 0.93 percent, trading at $71.30 at the time of writing. In India, the LTC price is Rs 6,108.18.

Ripple (XRP) Price Update

The price of Ripple (XRP) is $0.6284, showing a 24-hour decrease of 4.87 percent. According to WazirX, the Ripple price in India is Rs 54.70.

Solana (SOL) Price Update : Cryptocurrency Price Today

Solana’s price stands at $56.31, marking a 24-hour gain of 3.93 percent. In India, WazirX reports the SOL price as Rs 4,889.96.

Top Crypto Gainers Today (November 15)

According to CoinMarketCap, here are the top five crypto gainers in the past 24 hours:

• Celestia (TIA)
  • Price: $5.89
  • 24-hour gain: 14.99 percent
• dYdX (ETHDYDX)
  • Price: $3.40
  • 24-hour gain: 10.90 percent
• Gnosis (GNO)
  • Price: $173.35
  • 24-hour gain: 8.51 percent
• Kaspa (KAS)
  • Price: $0.08842
  • 24-hour gain: 6.94 percent
• PancakeSwap (CAKE)
  • Price: $2.23
  • 24-hour gain: 2.91 percent

Top Crypto Losers Today (November 15)

CoinMarketCap data reveals the top five crypto losers in the past 24 hours:

• Lido DAO (LDO)
  • Price: $2.15
  • 24-hour loss: 11.13 percent
• NEAR Protocol (NEAR)
  • Price: $1.51
  • 24-hour loss: 11.07 percent
• ApeCoin (APE)
  • Price: $1.38
  • 24-hour loss: 10.94 percent
• Decentraland (MANA)
  • Price: $0.4217
  • 24-hour loss: 10.80 percent
• Render (RNDR)
  • Price: $2.21
  • 24-hour loss: 10.07 percent

Crypto Exchanges’ Insights on the Current Market Scenario

Shubham Hudda, Senior Manager, CoinSwitch Markets Desk: “The crypto market has experienced a healthy correction in the last 24 hours, with BTC dropping below $36,000. The next key support for BTC is at $33,500, and if maintained, we remain in a positive uptrend. Cryptocurrency Price Today

Notably, the highlight is Celestia (TIA), a two-week-old token that surged nearly 50 percent, reaching $6.3 before retracing. Celestia is a modular data availability network that recently airdropped over $120 million in value to its active users.”Cryptocurrency Price Today

Shivam Thakral, CEO of BuyUcoin: “The crypto market saw a healthy pullback after a continuous rally. Positive US inflation data triggered corrections in crypto assets, with BTC and ETH slipping by almost 3% and 4% respectively.

Despite this, US stocks showed an upward trend, indicating renewed interest in traditional assets. The crypto market might face selling pressure in the coming weeks due to macroeconomic conditions.”Cryptocurrency Price Today

CoinDCX Research Team : “Despite lower-than-expected US inflation data and positive US stock market performance, the crypto market saw a decline. BTC and ETH both experienced drops of over 3% in the last 24 hours. Currently, BTC is positioned at the 20 EMA 1Day, trading at $35,450, while ETH is at $1,970, below the support level of $2,011.

Despite China’s restrictive stance, crypto adoption is growing, with Boyaa, a Chinese company, announcing a substantial $100 million investment in Bitcoin and Ethereum.”

Disclaimer:

Crypto products and NFTs are unregulated and carry high risk. There may be no regulatory recourse for losses. Cryptocurrency is not legal tender and is subject to market risks. Readers should seek expert advice and carefully read offer documents before any investment. Cryptocurrency market predictions are speculative, and investments are at the sole cost and risk of readers.

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