Cryptocurrency Price Today: Ethereum Dips Below $1,200, Bitcoin Below $16,000 As Market Woes Continue

[ad_1] <div>  Bitcoin (BTC), essentially the most valued crypto token, dipped beneath $16,000 mark early Monday morning as crypto massacre continued over the weekend. Following the FTX hack, cryptocurrencies proceed to see an ever worse loss in costs than earlier final week as selloffs elevated significantly. Different common altcoins — together with the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Litecoin (LTC) — landed within the reds throughout the board. Belief Pockets Token (TWT) continued to be the highest gainer for the second consecutive day as Cronos (CRO) began the week off as the most important loser. On the time of writing, the worldwide crypto market cap stood at $810.71 billion, registering a 24-hour dip of 4.88 %. <h2>Bitcoin (BTC) value right this moment</h2> Bitcoin value stood at $15,964.97, seeing a 24-hour lack of 5.49 %, as per CoinMarketCap. In accordance with Indian change WazirX, BTC value stood at Rs 14.40 lakhs. <h2>Ethereum (ETH) value right this moment</h2> ETH value stood at $1,184.91, marking a 24-hour dip of 6.63 % on the time of writing. As per WazirX, Ethereum value in India stood at Rs 1.08 lakhs. <h2>Dogecoin (DOGE) value right this moment</h2> DOGE registered a 24-hour lack of 9.84 % as per CoinMarketCap information, at the moment priced at $0.08154. As per WazirX, Dogecoin value in India stood at Rs 7.10. <h2>Litecoin (LTC) value right this moment</h2> Litecoin noticed a 24-hour dip of seven.08 %. On the time of writing, it was buying and selling at $55.57. LTC value in India stood at Rs 5,000. <h2>Ripple (XRP) value right this moment</h2> XRP value stood at $0.3254, seeing a 24-hour lack of 11.25 %. As per WazirX, Ripple value stood at Rs 29. <h2>Solana (SOL) value right this moment</h2> Solana value stood at $12.95, marking a 24-hour dip of 12.32 %. As per WazirX, SOL value in India stood at Rs 1,179. <h2>Prime crypto gainers right this moment (November 14)</h2> As per CoinMarketCap information, listed below are the highest 5 crypto gainers over the previous 24 hours: Belief Pockets Token (TWT) Value: $2.04 24-hour acquire: 18.42 % Axie Infinity (AXS) Value: $7.34 24-hour acquire: 8.96 % Convex Finance (CVX) Value: $4.18 24-hour acquire: 8.19 % KuCoin Token (KCS) Value: $7.60 24-hour acquire: 6.74 % GMX (GMX) Value: $40.57 24-hour acquire: 4.69 % <h2>Prime crypto losers right this moment (November 14)</h2> As per CoinMarketCap information, listed below are the highest 5 crypto losers over the previous 24 hours: Cronos (CRO) Value: $0.05923 24-hour loss: 23.67 % Casper (CSPR) Value: $0.02885 24-hour loss: 14.99 % Aptos (APT) Value: $3.87 24-hour loss: 14.52 % Chiliz (CHZ) Value: $0.1848 24-hour loss: 13.95 % Tron (TRX) Value: $0.04797 24-hour loss: 13.91 % <h2>What crypto exchanges are saying concerning the present market state of affairs</h2> Mudrex co-founder and CEO Edul Patel instructed ABP Dwell, “Bitcoin, Ethereum, and most cryptocurrencies fell over the weekend, reacting to the most recent information surrounding FTX being hacked. After per week of turbulence, Bitcoin and Ethereum are nonetheless buying and selling in pink, sustaining the sentiment as a result of sustained promoting. BTC was again to the $16,000 stage. If bulls can preserve BTC above the present stage, we'd see a pattern towards $17,000. But when BTC falls beneath the present stage, there are possibilities that BTC may attain the US$15,500 stage quickly.” Sathvik Vishwanath, CEO and co-founder of Unocoin mentioned, “The present Bitcoin value is $17,305 and the 24-hour buying and selling quantity is $75 billion. Bitcoin rallied greater than 4 % in the course of the Asian session on weaker US CPI information. Bitcoin is consolidating in a large buying and selling vary from $18,000 to $16,000 marks and future value developments will decide the breakout. If the closing candles fall beneath $18,000, BTC may proceed to fall. help at $16,000 and $15,850. As a result of bullish retracement, Ethereum regained the $1,262 stage on the each day chart. The speedy resistance stage for Ethereum is $1,370, which is supported by the 50-day shifting common.” weTrade founder Prashant Kumar supplied his take in the marketplace state of affairs as properly, "Final week noticed one of many worst episodes within the historical past of crypto play out. The results of the FTX collapse took the crypto market to its lowest for the reason that Terra collapse in June. Thus, placing in focus the necessity for insurance policies round digital property. On Monday throughout Asia buying and selling hours, the worldwide crypto market cap noticed a 5 % decline and stood at $807 billion. Bitcoin briefly traded beneath $16,000 and Ethereum at $1,200. The 2 largest cryptocurrencies have seen an roughly 25% decline over the previous week. Comparable traits may be seen for different cryptocurrencies as properly.” Disclaimer: Crypto merchandise and NFTs are unregulated and may be extremely dangerous. There could also be no regulatory recourse for any loss from such transactions. Cryptocurrency just isn't a authorized tender and is topic to market dangers. Readers are suggested to hunt skilled recommendation and browse supply doc(s) together with associated essential literature on the topic fastidiously earlier than making any sort of funding in anyway. <a target="_blank" title="Cryptocurrency" href="https://news.abplive.com/topic/cryptocurrency" data-type="interlinkingkeywords" rel="noopener">Cryptocurrency</a> market predictions are speculative and any funding made shall be on the sole price and danger of the readers. </div> [ad_2] <a href="https://news.google.com/__i/rss/rd/articles/CBMi1gFodHRwczovL25ld3MuYWJwbGl2ZS5jb20vYnVzaW5lc3MvY3J5cHRvL2NyeXB0b2N1cnJlbmN5LXByaWNlLXRvZGF5LWluLWluZGlhLW5vdmVtYmVyLTE0LWNoZWNrLW1hcmtldC1jYXAtYml0Y29pbi1ldGhlcmV1bS1tZXJnZS1kb2dlY29pbi1zb2xhbmEtbGl0ZWNvaW4tcmlwcGxlLXhycC1iaW5hbmNlLWZ0eC1mdHQtdG9rZW4tcHJpY2VzLWdhaW5lci1sb3Nlci0xNTYzMjI30gHaAWh0dHBzOi8vbmV3cy5hYnBsaXZlLmNvbS9idXNpbmVzcy9jcnlwdG8vY3J5cHRvY3VycmVuY3ktcHJpY2UtdG9kYXktaW4taW5kaWEtbm92ZW1iZXItMTQtY2hlY2stbWFya2V0LWNhcC1iaXRjb2luLWV0aGVyZXVtLW1lcmdlLWRvZ2Vjb2luLXNvbGFuYS1saXRlY29pbi1yaXBwbGUteHJwLWJpbmFuY2UtZnR4LWZ0dC10b2tlbi1wcmljZXMtZ2FpbmVyLWxvc2VyLTE1NjMyMjcvYW1w?oc=5">Source link </a>