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Crypto Market 12hrs Update news 18, Nov: Bitcoin, Altcoin are Consolidating in Tight Range

The Crypto market remains neutral, as the market remains shocked from the FTX exchange liquidated and destabilized Solana ecosystem. Yesterday, Bitcoin remained below $17,000 and made a low at $16,541 then closed at $16,689.


19 Nov 2022 By : COIN GABBAR
Crypto Market 12hrs

Crypto Market in Neutral.

The Crypto market remains neutral, as the market remains shocked from the FTX exchange liquidated and destabilized Solana ecosystem. Yesterday, Bitcoin remained below $17,000 and made a low at $16,541 then closed at $16,689. MA9 stands as a resistance in the daily time frame. RSI remains at 36.28. The global crypto market cap breaks below the psychological $1 trillion level, the prices of the top two coins – Bitcoin (BTC) and Ethereum (ETH) –are green and red respectively.

The global cryptocurrency market cap rose by 0.8% to $0.877 trillion in the last 24 hours, according to CoinGabbar data at the time of writing. The total crypto market volume over the last 24 hours was $49.96 billion.

Cryptoquants Derivatives shows positive funding rates which means crypto will remain green in the coming hours.

BTC price has risen by 0.1% in the last 24 hours. At the time, BTC was trading at $16,689. In the last 7 days, BTC price has fallen by 5.61%. Bitcoin (BTC) dominance rose from 37.01% to 37.09% while ETH dominated 19.7% of the total crypto markets.

In response to the continuing "RIP Twitter" movement on Twitter, Binance CEO Changpeng Zhao (CZ) expresses his support for Elon Musk, the CEO of Twitter.

According to Glassnode, the cost of a Bitcoin miner's hash has reached a new all-time low. Currently, it is $58,3K per Exahassh each day.

The price of tokens based on national teams has increased dramatically as the FIFA World Cup 2022 draws nearer.

Top Crypto Prices

Ethereum (ETH): Ethereum price rose by around 1.04% to $1,212 in the last 24 hours. In the last 7 days, ETH price has fallen by over 6.6%. It is currently ranked as the 2nd largest crypto asset on CoinGabbar.

Binance (BNB): Binance Chain coin’s price rose to $274, by 2.23% in the last 24 hours. In the last 7 days, BNB price has fallen by over 9.92%. It is currently ranked as the 4th largest crypto asset on CoinGabbar.

XRP: XRP coin’s price rose by 0.27% to $0.3829 in the last 24 hours. In the last 7 days, XRP price has fallen by nearly 2.81%. It is currently ranked as the 7th biggest crypto on CoinGabbar.

Solana (SOL): Solana price fall 2.84% to $13.27 in the last 24 hours. In the last 7 days, SOL price has fallen by nearly 3.1%. It is currently ranked as the 15th biggest crypto asset on CoinGabbar.

Cardano (ADA): Cardano token’s price rose by 0.27% to $0.3260 in the last 24 hours. In the last 7 days, ADA prices have fallen 11.6%. It is currently ranked as the 9th biggest crypto asset on CoinGabbar.

Dogecoin’s (DOGE) price rose by 0.2% in the last 24 hours. DOGE is currently ranked 8th. The price of DOGE at the time of this report was $0.08474.

Price of Polkadot (DOT) fell by 0.54% in the last 24 hours to $5.65. Avalanche (AVAX) price rose by nearly 1.08% to $12.986 in the last 24 hours. Both DOT and AVAX are currently ranked 11th and 21th respectively on CoinGabbar.

Polygon (MATIC) price rose by around 0.64% to $0.8795 in the last 24 hours. In the last 7 days, MATIC's price has fallen by around 21.85%. It is currently ranked 10th on CoinGabbar.

Shiba Inu (SHIB) fell by 0.51% in the last 24 hours to $0.0000910. It is currently ranked 14th on CoinGabbar.

WHAT'S YOUR OPINION?