cryptocurrency update: world’s largest cryptocurrency In terms of trading units, bitcoin pushed itself slightly higher to hover around $60,000 on Monday, November 22 after a selloff last week. However, the prices declined sharply in the following days. At the time of writing this article, a unit of bitcoin was priced at $57,403.26, according to data from crypto tracking website CoinMarketCap. It was down by 3.17 per cent in the last seven days and 12.88 per cent in the last seven days, the data showed. Bitcoin hit a record high of over $68,000 earlier in November, days after the price crash.
“The crypto market showed signs of recovery after a selloff on Friday. Bitcoin hovered around the $60,000 mark. Ethereum, the largest altcoin, showed a significant correction over the weekend. Most of the top 30 cryptocurrencies posted modest gains over the past 24 hours The momentum in the market is currently bullish, and it is showing signs of recovery as bitcoin could reach significantly higher by the end of the year. With bitcoin’s taproot upgrade going live over the past week, its followers are getting huge The rally is expected. The total crypto market cap exceeded $2.65 trillion in the last 24 hours as the market exited bearish momentum over the weekend,” said Saad Edul Patel, CEO and co-founder of Mudrex, a crypto trading platform.
The price of the world’s largest altcoin, Ethereum, also declined during the day on Monday. At the time of writing this article the price of one unit of Ether or Ethereum was $4,205.75. It was down 3.04 percent over the past 24 years and 10.75 percent over the past seven days, data from CoinMarketCap showed.
After a steady declining trend over the past few days, the global cryptocurrency market capitalization saw a massive drop in its numbers on Monday, November 22. Data from CoinMarketCap showed that the market cap stood at 2.57 trillion. It was 2.02 percent lower in the last 24 hours. However, the total crypto volume increased significantly during the last day. Data from CoinMarketCap showed that the volume of coins traded stood at $114.48 billion, an increase of 12.62 percent over the past 24 hours.
Data from the crypto tracking website shows that the Shih Tzu was the top ranked leader in the global crypto market. In the last 24 hours, the value of one token has increased by 1,90,111.30 percent. According to the data the price of one token was $0.00001794. With a price of $0.000005616 and an increase of 15,314.23 percent over the past 24 hours, Ethereum Meta ranked second in the list of top gainers. CY Finance, which is valued at $0.05043 per token, was third on the last day with an increase of 640.47 percent.
As for the losers, the top spot went to Babelfish. The price of one token dropped 93.72 percent and was trading at $0.00000003108. Verify Token and Sleepy-Shib finished second and third on the charts, losing 83.52 and 72.80 percent, respectively, during the final day.
top 6 cryptocurrency Profit in the last 24 hours (according to CoinMarketCap data)
Shih Tzu: $0.00001794 – up to 1,90,111.30 percent
Ethereum Meta: $0.000005616 – up 15,314.23 percent
CY Finance: $0.05043 – up to 640.47 percent
GenShinShibInu: $0.00002631 – up 467.33 percent
Allonomics: $0.4144 – up to 312.15 percent
Mars Space X: $0.00000002958 – up 289.46 percent
top 6 cryptocurrency Losers in the last 24 hours (according to CoinMarketCap data)
Babelfish: $0.00000003108 – 93.72 percent less
Verify token: $0.00000009192 – 83.52 percent down
Sleepy-Shib: $0.0000000000034 – a drop of 72.80 percent
Omax Toekn: $0.003335 – down 71.13 percent
Tipsy Santa: $0.00001326 – 57.73 percent drop
Uzumaki Inu: $0.000000000437 – 51.07 percent drop
,