BTC Price Drops Below $16,000 Mark, ETH Sees Slow Growth Due to Losses
The volatility of the crypto market is proving profitable for some tokens and worth it for others. Bitcoin, for example, has failed to see any gains over the past twelve days. On Tuesday, November 22, Bitcoin opened trading with a loss of about one percent. According to crypto price tracker Gadgets 360, BTC is trading near the price of $15,810 (roughly Rs. 12.9 lakh). Even on international exchanges, Bitcoin trades at the same price.
Ether followed the movement of the BTC market and recorded a fall of 1.10 percent in its value. Currently, ETH is trading at $1,100 (roughly Rs. 89,957), shows crypto price tracker Gadgets 360.
A number of stablecoins and other altcoins settled with losses today.
These include Tether, USD Coin, Binance Coin, Binance USD, and Polkadot.
On the other hand, several cryptocurrencies show greens around them that show profit.
These include Ripple, Cardano, Dogecoin, Polygon, Tron, and Solana.
Chainlink, Cosmos, Bitcoin Cash, and Near Protocol – all benefits included.
In an interesting turn of events, the Bitcoin Cash cryptocurrency has been named the official payment method in the island nation of Saint Kitts and Nevis, located in the Caribbean. This BCH management process may take as long as March next year.
The global crypto market is down 0.93 percent in the last 24 hours.
as per CoinMarketCapThe global crypto market valuation is $788.84 billion (approximately Rs. 64,41,797 crore).
Cryptocurrency is an unregulated digital currency, not legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or other advice or recommendations of any kind provided or endorsed by NDTV. NDTV shall not be liable for any loss arising from any investment based on any implied recommendation, forecast or other information contained in the article.
