Crypto prices today: Bitcoin, Ether, most altcoins see prices fall after days of profits

On Wednesday, November 15, Bitcoin showed a loss of 2.95 percent on the crypto price chart. At the time of writing, Bitcoin was trading at $35,417 (approximately Rs 29.4 lakh). This is the second consecutive day that Bitcoin has recorded losses in at least two weeks. This is the first time in two weeks that the most expensive crypto asset is trading below the $30,000 mark (approximately Rs 24.9 lakh).

Ether, in a traditional price movement, followed Bitcoin on the loss side of the crypto chart. Registering a loss of 3.97 percent, Ether is currently trading at a price point of $1,973 (approximately Rs 1.63 lakh).

In the last 24 hours, the price of Ether as well as Bitcoin has seen a notable decline of $1,039 (roughly Rs. 86,260), leading to a drop of $1,013 (roughly Rs. 84,098) in the price ladder.

“The crypto market has shown a healthy correction in the last 24 hours. BTC fell below the $36,000 mark (roughly Rs. 229.8 lakhs). The next line of support for BTC is $33,500 (roughly Rs. 27.8 lakhs); if BTC sustains “We are still in a good bullish position,” Shubham Hooda, senior manager of CoinSwitch Markets Desk, told Gadgets 360.

Most cryptocurrencies were in the red on Wednesday as the volatility element of the crypto sector heated up over the past few hours.

Tether, Ripple, Solana, USD Coin, Dogecoin, Tron, Chainlink and Polkadot – all recorded declines today.

Litecoin, Shiba Inu, Bitcoin Cash, LEO, Cosmos, Stellar, Uniswap, Monero, Cronos and Binance USD also suffered losses.

The overall crypto market cap declined by 2.11 percent in the last 24 hours, valuing the sector at $1.36 trillion (roughly Rs. 112,90,794 crore). coinmarketcap,

Only a few cryptocurrencies recorded profits today. These include Binance Coin, Cardano, Polygon, Avalanche and Ardor.

“In a positive development, despite China maintaining its prohibitionist stance towards Bitcoin and cryptocurrencies, crypto adoption is on the rise. Boya, a Chinese company, has invested $100 million (about Rs 830 crore) in Bitcoin and Ethereum. Substantial investment has been announced.


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