Crypto Price Today: Bitcoin, Ether Step into Last Week of November With Losses, Most Altcoins See Dips

Bitcoin recorded a decline of 1.24% on Monday, November 27th. At the time of writing this article, the value of Bitcoin was $37,238 (approximately Rs. 31 million). November of this year turned out to be profitable for the cryptocurrency sector, especially Bitcoin. The most expensive cryptocurrency launched this month at a price of $34,397 (approximately Rs. 28.6 million). In the last three weeks, his assets managed to grow to $38,000 (approximately Rs. 31.6 million). Ethereum price fell by 1.48% on Monday. Ether, the second-largest crypto asset by value, is currently trading at a price of $2,043 (approximately Rs. 1.7 billion). “A successful break and sustain above $38,000 (approximately Rs. 33.9 million) would be considered a bullish sign. For ETH, clearing the key resistance level at $2,130 (approximately Rs. 190,000) would be considered a bullish sign. “A solid close above this level could push the price higher,” the CoinDCX research team told Gadgets360. Most cryptocurrencies recorded losses today. These include Binance Coin, Ripple, Solana, Cardano, and Dogecoin. Tron, Chainlink, Polygon, Avalanche, Polkadot, Litecoin, Shiba Inu, and Bitcoin Cash are also all trading with losses today. The overall valuation of the cryptocurrency market decreased by 1.12% in the past 24 hours.

Its value is currently $1.42 trillion (approximately Rs. 1,18,39,313 billion), according to CoinMarketCap. Only a handful of cryptocurrencies rose today. These include Leo, Cosmos, Uniswap, Binance USD, and Iota. Smaller increases were also recorded in Braintrust and Circuits of Value. “Axi Infinity (AXS) rose 15.9% in the past 24 hours, making it one of the top gainers. Play-to-earn blockchain games saw an increase in demand in November, according to DappRadar data. The number of wallets interacting with the game has increased by 30%. Adding to the recent DeFi surge, decentralized exchange dYdX plans to unlock $500 million (approximately Rs. 4,168 crore) worth of tokens in its first significant offering,” said CoinSwitch Ventures Head of Investments Parth Chaturvedi told Gadgets360. Cryptocurrencies are unregulated digital currencies rather than legal tender and are subject to market risks. The information provided in this article is not intended to be, and does not constitute, financial advice, trading advice, or advice or recommendations of any kind provided or endorsed by NDTV. NDTV is not responsible for any losses arising from investments made with NDTV. Perceived underlying recommendations, predictions, or other information included in the article.