A week after achieving its all-time high of $69,000 and then falling below the $65,000 mark, bitcoin, the world’s largest cryptocurrency, hovered near the $66,000 mark on Monday, 15 November. a token of Bitcoin It was priced at $65,885.57 at the time of writing this article. This was an increase of 2.24 percent in the last 24 hours, data from cryptocurrency Tracking website CoinMarketCap showed. A note on the website states that bitcoin dominance currently stands at 43.23 percent, an increase of 0.06. Ethereum, which also touched its all-time high last week, was trading at $4,732.08 on the day. This was an increase of 2.80 per cent during the previous day.
Speaking about the volatility in the price of Bitcoin and Ether, Edul Patel, CEO and Founder of Mudrex, said, “Long-term investors have no reason to panic right now. The overall momentum in the market is still positive. And there are updates to a number of important events in both bitcoin and ethereum that will affect the market in a massively positive manner in the coming few months.The next few days may see an increase in profit-booking as short positions in the futures market Opening up.”
“BTC (Bitcoin) has been quite the rage over the weekend, trading in the $64,000-$66,000 range. The asset has a market cap of $1.25T, and BTC dominance is 19.5 percent at current prices. This is bullish for BTC. The sentiment comes after the SEC rejected VanEck’s bitcoin exchange-traded product on November 12. However, this negative development was flipped following the successful activation of the Taproot soft fork on November 13, in which BTC bounced back. Came to their current levels.” ZebPay Trade Desk said.
The global cryptocurrency market cap stood at $2.88 trillion on Monday, November 15. Data from CoinMarketCap showed that it was up 1.14 percent compared to the previous day. However, the total crypto volume declined significantly during the last day. The volume of coins traded stood at $90.83 billion, a decrease of 2.97 percent over the past 24 hours. The volume of all stablecoins was $67.41 billion, which was 74.21 percent of the total 24-hour crypto market volume.
CoinMarketCap data shows that HuskyX was the top gainer in the global crypto market. In the last 24 hours, the value of one token has increased by 5,383.72 percent. According to the data, the price of one token was $0.000001857. With a price of $0.03294 and an increase of 2,693.53 percent over the past 24 hours, PolypuX occupied the second spot in the pack of top gainers. At $2.71 per token, Impermax was third on the last day with a gain of 723.63 per cent.
Cashback Pro came out on top as far as losers are concerned. The price of one token declined by 96.97 per cent and was trading at $0.1475. Nemesis DAO and V Finance finished second and third on the charts, losing 63.13 and 62.84 percent, respectively, during the last day.
Top 6 Cryptocurrency Gainers (According to Data from CoinMarketCap)
HuskyX: $0.000001857 – 5,383.72 percent increase over the last 24 hours
polypux: $0.03294 – 2,693.53 percent increase over the last 24 hours
Impermax: $2.71 – Increase of 723.63 percent in last 24 hours
angry squid: $0.000000781 – 641.22 percent increase over the last 24 hours
bnber: $0.0000000002505 – 223.30 percent increase over the last 24 hours
primecoin: $0.8622 – Increase of 168.56 percent over the last 24 hours
Top 6 cryptocurrency losers (according to data from CoinMarketCap)
Cashback Pro: $0.1475 – 96.97 percent down in last 24 hours
nemesis dao: $537.24 – 63.13 percent down in last 24 hours
V Finance: $0.03983 – 62.84 percent down in last 24 hours
quirkita token: $0.000006056 – 61.14 percent down in the last 24 hours
bitshiba: $0.0000001503 – 52.78 percent drop in last 24 hours
year classic finance: $12.65 – 52.70 percent drop in last 24 hours
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