Cryptocurrency Price Today: Bitcoin Rises Above $37,000, Terra Classic Becomes Biggest Gainer

5 views 3:37 am 0 Comments November 27, 2023

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained above the $37,000 mark early Monday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — saw minor dips across the board. Terra Classic (LUNC) emerged as the biggest gainer, with a 24-hour jump of over 22 percent. Blur (BLUR), on the other hand, became the biggest loser, with a 24-hour dip of over 10 percent.

The global crypto market cap stood at $1.42 trillion when writing, registering a 24-hour loss of 1.22 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $37,272.16, registering a 24-hour dip of 1.17 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 32.80 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,045.43, marking a 24-hour dip of 1.43 percent at the time of writing. As per WazirX, Ethereum’s price in India stood at Rs 1.81 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour gain of 0.07 percent, as per CoinMarketCap data, currently priced at $0.07843. As per WazirX, Dogecoin’s price in India stood at Rs 6.94.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 2.65 percent. At the time of writing, it was trading at $69.53. LTC price in India stood at Rs 6,103.

Ripple (XRP) Price Today

XRP price stood at $0.6099, seeing a 24-hour loss of 1.65 percent. As per WazirX, Ripple’s price stood at Rs 53.45.

Solana (SOL) Price Today

Solana’s price stood at $56.75, marking a 24-hour dip of 2.69 percent. As per WazirX, SOL price in India stood at Rs 5,010.01. 

Top Crypto Gainers Today (November 27)

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

Terra Classic (LUNC)

Price: $0.00009463
24-hour gain: 22.28 percent

Axie Infinity (AXS)

Price: $7.21
24-hour increase: 15.96 percent

Oasis Network (ROSE)

Price: $0.08186
24-hour increase: 3.14 percent

Stacks (STX)

Price: $0.6796
24-hour increase: 1.84 percent

Maker (MKR)

Price: $1,479.66
24-hour increase: 1.76 percent

Top Crypto Losers Today (November 27)

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

Blur (BLUR)

Price: $0.5532
24-hour loss: 10.57 percent

Mina (MINA)

Price: $0.7177
24-hour loss: 8.41 percent

Klaytn (KLAY)

Price: $0.2024
24-hour loss: 7.80 percent

Gas (GAS)

Price: $8.27
24-hour loss: 6.55 percent

Pepe (PEPE)

Price: $0.000001094
24-hour loss: 6.41 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the weekend, Bitcoin breached the $38,000 threshold, but the bulls could not sustain the momentum, and the price consolidated around the $37,300 level. For the bullish trend to persist, Bitcoin must surpass the resistance at $37,700 or risk potentially finding support around $37,100. Meanwhile, Ethereum has remained above the $2,000 level over the same period.”

Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “The crypto market seems to be back on track by observing a slow price recovery in the last 24 hours. The global crypto M. Cap. rose by 0.2 percent and inched toward the $1.5 trillion level. Investor sentiments remain strong as the crypto fear and greed index remains within the greed zone, scoring 66/100. Similar to yesterday’s levels, BTC (+0.3 percent) continues to trade around $37.8k. Based on Glassnode data, 70.35 percent of Bitcoin’s circulating supply, inactive on-chain for over a year, has hit a record high, surpassing the previous peak of 69.35 percent in July 2023. This may represent a strong investor sentiment towards Bitcoin.”

Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Bitcoin recently posted a -1 percent gain to reach $37,300, prompting speculation of a sustained rally or a temporary reprieve. This rise coincided with the release of ‘Bull Run,’ a landmark documentary about Bitcoin and trading addiction. Director Ana Ramón Rubio’s journey from trading addiction to bitcoin advocacy and tokenized film financing could positively impact investor confidence. However, JPMorgan’s warning of potential downward pressure from spot bitcoin ETFs presents a contrasting view. Analysts expect an outflow of $2.7 billion if Grayscale converts Bitcoin Trust to an ETF, which will affect the market. Bitcoin’s current price of $37,300 faces critical resistance and support levels, with indicators suggesting slightly bullish sentiment. An ascending triangle formation implies potential bullish momentum, especially if Bitcoin maintains above $37,000.”

CoinDCX Research Team told ABP Live, “BTC has been consolidating for over three weeks within a range of $35,000 to $38,000. In the current week, BTC failed to surpass the significant resistance at $38,000. A successful break and sustained hold above $38,000 would be considered a bullish sign. Conversely, breaking down the major incline trendline support at around $36,500 could lead to a price decline. For ETH, overcoming the crucial resistance at $2,130 is essential for a bullish scenario. A solid close above this level could propel the price higher. However, if ETH fails to break this resistance, it might test lower demand levels around $1,900.”