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Cryptocurrency News Articles

Bitcoin (BTC) Dips Below $95K, Loses ‘Trump Bump’ Gains; Lido DAO (LDO) Becomes Top Gainer

Nov 26, 2024 at 01:20 pm

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, dipped down to $94,000 early Tuesday, losing its 'Trump Bump' gains from the past couple of weeks.

Bitcoin (BTC) Dips Below $95K, Loses ‘Trump Bump’ Gains; Lido DAO (LDO) Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped down to $94,000 early Tuesday, losing its ‘Trump Bump’ gains from the past couple of weeks. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the reds as the overall Market Fear & Greed Index stood at 83 (Extreme Greed) out of 100, as per CoinMarketCap data. The Lido DAO (LDO) token became the top gainer, with a 24-hour jump of over 7 percent. The Sandbox (SAND) was the biggest loser today, with a 24-hour dip of nearly 20 percent.

The global crypto market cap stood at $3.25 trillion at the time of writing, registering a 24-hour loss of 2.52 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $94,424.11, registering a 24-hour loss of 3.64 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 82.65 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,421.79, marking a 24-hour jump of 1.16 percent at the time of writing. Ethereum price in India stood at Rs 2.86 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 4.07 percent, as per CoinMarketCap data, currently priced at $0.406. Dogecoin price in India stood at Rs 36.16.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 2.75 percent. At the time of writing, it was trading at $94. LTC price in India stood at Rs 8,205.62.

Ripple (XRP) Price Today

XRP price stood at $1.45, seeing a 24-hour loss of 0.72 percent. Ripple price in India stood at Rs 126.50.

Solana (SOL) Price Today

Solana price stood at $237.74, marking a 24-hour loss of 6.16 percent. SOL price in India stood at Rs 21,399.48. 

Top Crypto Gainers Today (November 26)

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

Lido DAO (LDO)

Price: $1.6224-hour gain: 7.42 percent

Uniswap (UNI)

Price: $11.5324-hour gain: 6.15 percent

Aave (AAVE)

Price: $179.7324-hour gain: 6.06 percent

Arbitrum (ARB)

Price: $0.899924-hour gain: 5.72 percent

dogwifhat (WIF)

Price: $3.3424-hour gain: 5.14 percent

Top Crypto Losers Today (November 26)

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

The Sandbox (SAND)

Price: $0.647524-hour loss: 19.84 percent

Decentraland (MANA)

Price: $0.616824-hour loss: 13.90 percent

Raydium (RAY)

Price: $5.5124-hour loss: 10.48 percent

NEAR Protocol (NEAR)

Price: $6.4824-hour loss: 8.54 percent

Popcat (SOL) (POPCAT)  

Price: $1.3324-hour loss: 8.34 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues to face selling pressure, dipping to a low of $92,600 before recovering to $94,600. Its market dominance has dropped to 57.4%, as long-position liquidations add to the downward momentum. Despite Bitcoin's decline, activity in the broader crypto market remains strong, with $3.13 billion in inflows over the past week, driven by Spot ETFs. The declining Bitcoin dominance coupled with increased inflows in the broader market indicates the

News source:news.abplive.com

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