Cryptocurrency Price Today: Bitcoin, Ethereum Recover As Most Altcoins Register Minor Gains


Bitcoin (BTC) and Ethereum (ETH), two of the most valuable cryptocurrencies, managed to breach the $16,000 and $1,200 marks, respectively, early Tuesday morning. Other popular altcoins including Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) landed in the greens as overall prices saw minor gains across the board. Quant token (QNT) turned out to be the biggest gainer, jumping more than 23 percent in 24 hours. Convex Finance (CVX), on the other hand, turned out to be the biggest loser.

At the time of writing, the global crypto market capitalization was $845.41 billion, posting a 24-hour gain of 4.15%.

Bitcoin (BTC) price today

Bitcoin price stood at $16,808.59, with a 24-hour gain of 4.14 percent, according to CoinMarketCap. According to the Indian exchange WazirX, the BTC price stood at Rs 14.60 lakhs.

Ethereum (ETH) price today

ETH price sat at $1,255.45, marking a 24-hour gain of 5.28 percent at the time of writing. According to WazirX, the Ethereum price in India stood at Rs 1.10 lakhs.

Dogecoin (DOGE) price today

DOGE posted a 24-hour jump of 5.54 percent according to data from CoinMarketCap, currently priced at $0.08658. According to WazirX, the Dogecoin price in India was Rs 7.60.

Litecoin (LTC) price today

Litecoin saw a 24-hour jump of 3.38 percent. At the time of writing, it was trading at $57.99. The LTC price in India stood at Rs 5,000.06.

Ripple Price (XRP) Today

XRP price stood at $0.3685, with a 24-hour gain of 11.39 percent. According to WazirX, the Ripple price stood at Rs 32.27.

Solana (SOL) price today

Solana’s price stood at $14.15, marking a 24-hour jump of 10.14 percent. According to WazirX, the SOL price in India stood at Rs 1,280.

Top cryptocurrency gainers today (November 15)

Based on CoinMarketCap data, here are the top five cryptocurrency gainers in the last 24 hours:

Quant (QNT)

Price: $120.93
24 hour gain: 23.27 percent

Chronos (CRO)

Price: $0.07202
24 hour gain: 22.48 percent

Lido DAO (LDO)

Price: $1.14
24 hour gain: 13.92 percent

Trusted Wallet Token (TWT)

Price: $2.32
24 hour gain: 13.62 percent

Solana (SUN)

Price: $14.27
24 hour gain: 12.18 percent

Top Crypto Losers Today (November 15)

Based on CoinMarketCap data, here are the top five cryptocurrency losers in the last 24 hours:

Convex Finance (CVX)

Price: $4.15
Loss of 24 hours: 0.71 percent

UNUS SED LEO (LEO)

Price: $3.87
Loss of 24 hours: 0.70 percent

Infinite Axie (AXS)

Price: $7.30
Loss of 24 hours: 0.51 percent

USD Neutrino (USDN)

Price: $0.9295
Loss of 24 hours: 0.43 percent

Binance USD (BUSD)

Price: $1.00
Loss of 24 hours: 0.08 percent

What crypto exchanges are saying about the current market scenario

Mudrex co-founder and CEO Edul Patel told ABP Live: “Major cryptocurrencies rallied on Monday due to Elon Musk’s strong comments on the crypto market. Bitcoin started the week trading at the $16,700 level, as volatility in the crypto market continued following the FTX crash. BTC support is now at $15,500 while resistance remains at $17,200. On the other hand, Ethereum has bounced off its support level at $1,180. ETH is likely to consolidate around the $1,220 area. If the buyers can hold the initiative gained, the correction may lead to a test of the $1300 area this week.”

Sathvik Vishwanath, CEO and Co-Founder of Unocoin, said: “Over the past 24 hours, TWT has moved between the $1.83 and $2.71 levels, indicating high volatility. The TWT rally is attracting a lot of attention, as seen by the token’s trading volumes of over $820 million in the last 24 hours. Due to prolonged market volatility following last week’s FTX crash, Bitcoin (BTC) started the week trading below $17,000. After the FTX crash, the market struggled to find support; BTC has been trading at this level all day. Bitcoin and Ethereum are now trading in the red after a week of volatility. Bitcoin has returned to the $16,000 level. Dogecoin was currently trading at $0.08, 10 percent less than Shiba Inu, which was also trading at $0.000008.”

weTrade founder Prashant Kumar also offered his take on the market scenario: “Key cryptocurrencies including Bitcoin and Ethereum showed stable behavior days after the FTX implosion sent investors into a panic. Global cryptocurrency saw a 5 percent rise over the past day, with Bitcoin holding its most recent support level of $16,000 and Ethereum holding steady at $1,200. Other cryptocurrencies including XRP, Polygon, and Tron also showed some changes. positives greater than 10 percent. Recent events have caused an urgent need for regulations in the sector and the same thing that was addressed today during the G20 meeting is a start.”

Shivam Thakral, CEO of BuyUCoin, said: “The crypto market has started to digest the FTX crash and has embarked on the road to recovery. The data shows that Bitcoin is holding steady along with Ethereum with a jump of 4.22 percent and 6.09 percent, respectively. Most of the crypto assets caught up in the FTX fallout have started the recovery process and it seems clear that the crypto market will emerge stronger from the FTX crisis as it has in the past. Solana also ended its downward trend with a jump of more than 12 percent. Healthy crypto regulation is the need of the hour.”

Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not legal tender and is subject to market risk. Readers are advised to seek expert advice and carefully read the offering documents along with relevant relevant literature before making any type of investment. cryptocurrency market predictions are speculative and any investment made will be at the sole risk and account of the readers.

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