Cryptocurrency Price Today: Bitcoin, Ethereum Rallies Continue As ApeCoin Becomes Top Gainer

53 views 3:16 am 0 Comments November 21, 2023

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained above the $37,000 mark early Tuesday. Ethereum (ETH), on the other hand, continued to ride ETF possibilities and remained above the $2,000 mark. Other popular altcoins — including the likes of Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — saw minor dips across the board. ApeCoin (APE) emerged as the biggest gainer, with a 24-hour jump of over 8 percent. Arweave (AR) became the biggest loser, with a 24-hour dip of nearly 12 percent.

The global crypto market cap stood at $1.42 trillion when writing, registering a 24-hour gain of 0.52 percent.

Bitcoin (BTC) Price Today

The price of Bitcoin was recorded at $37,489.62, indicating a 24-hour increase of 0.93 percent, as reported by CoinMarketCap. According to the Indian exchange WazirX, the BTC price was Rs 32.86 lakh.

Ethereum (ETH) Price Today

The Ethereum (ETH) price was noted at $2,018.57, reflecting a 24-hour increase of 0.94 percent at the time of reporting. According to WazirX, the Ethereum price in India stood at Rs 1.78 lakh.

Dogecoin (DOGE) Price Today

DOGE recorded a 24-hour loss of 3.39 percent, based on CoinMarketCap data, with the current price at $0.07724. According to WazirX, India’s Dogecoin price was Rs 6.82.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 0.69 percent. At the time of writing, it was trading at $69.84. LTC price in India stood at Rs 6,199.63.

Ripple (XRP) Price Today

XRP price stood at $0.6142, seeing a 24-hour loss of 1.54 percent. As per WazirX, Ripple’s price stood at Rs 53.79.

Solana (SOL) Price Today

Solana’s price stood at $56.05, marking a 24-hour dip of 6.66 percent. As per WazirX, the SOL price in India stood at Rs 5,080. 

Top Crypto Gainers Today (November 21)

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

ApeCoin (APE)

Price: $1.50
24-hour gain: 8.63 percent

PancakeSwap (CAKE)

Price: $2.68
24-hour increase: 7.61 percent

Binance (BNB)

Price: $263.36
24-hour increase: 6.45 percent

Gnosis (GNO)

Price: $189.92
24-hour increase: 5.46 percent

Klaytn (KLAY)

Price: $0.1802
24-hour increase: 5.36 percent

Top Crypto Losers Today (November 21)

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

Arweave (AR)

Price: $8.03
24-hour loss: 11.96 percent

Celestia (TIA)

Price: $5.86
24-hour loss: 11.59 percent

Kaspa (KAS)

Price: $0.1284
24-hour loss: 11.43 percent

ORDI (ORDI)

Price: $20.46
24-hour loss: 11.06 percent

dYdX (ETHDYDX)

Price: $3.03
24-hour loss: 10.55 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading at the $37,500 level as market participants await insights from the US FOMC meeting today. Bitcoin has surged by over 126 percent since the beginning of the year. Meanwhile, Ethereum has been trading above the $2,000 threshold amidst discussions regarding Spot ETH ETF applications in the US. In other news, the altcoin Cardano has shown solid growth, recording an increase of over 8 percent in the last week.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin at $37,000 has defied many projections of a correction phase. As ETF prospects keep piling, the top two tokens by market cap, BTC and ETH, are leading the Crypto market. 

Altcoins like Ripple and Solana also surged as institutional investment trickled beyond Bitcoin and Ethereum. While major market oscillators indicate a ‘Neutral’ sentiment, Bitcoin’s price predictions post halving might entice more investors to enter the market.”

Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Bitcoin is currently trading at $37,489, showing a slight uptrend of 0.13 percent. It is in a consolidation phase, facing resistance at $37,574 and crucial support at $36,342. The Relative Strength Index (RSI) at 58.78 indicates a moderate presence of buyers, leaving room for more momentum. The $37,574 level is key for potential bullish momentum, while a break below $36,342 could prompt a reassessment of bullish sentiment. Traders watch these levels closely for signals of market direction. The overall situation suggests a cautious outlook, with attention focused on key support and resistance levels for potential market reversals.”

Shivam Thakral, CEO of BuyUcoin, said, “The crypto heavyweights like Bitcoin and Ether continue to lead the strong market rally riding on the ETF wave. BTC is inching towards the $40,000 mark, which will be its highest point in 2023, while ETH is sitting comfortably on the $2,000 mark. Binance reaching the settlement stage with SEC may also bring some positive sentiment in the market and drive the prices north. The overall crypto market cap has touched the $1.42 trillion mark.”

CoinSwitch Markets Desk told ABP Live, “With OpenAI founder Sam Altman in the news over the weekend, AI-related tokens have also experienced volatility in the past few days, as Sam’s crypto project, World Coin, touched its four-month high at $2.71 before returning to $2.25 levels. Other AI-related tokens like RNDR also crossed its 21-month high and have almost doubled in just one month. Another development came in terms of the acquisition of Coindesk, as one of the world’s leading crypto-focused media companies was acquired by a crypto exchange called Bullish. An ex-NYSE president leads the exchange. Coindesk is one of the most influential companies in the crypto space as they were among the first to report the FTX fiasco and infamously the recent fake news of a spot BTC ETF approval.”

CoinDCX Research Team noted, “Due to BTC’s sideways movement recently, ALT coins exhibited mixed trading. In noteworthy news, the BNB coin surged by over 7 percent following reports that the US Government is seeking over $4 billion from Binance to settle a criminal case, as reported by Bloomberg. This news notably impacted the price of BTC positively.”

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