Crypto Market Update Nov 19: Filecoin, Dash, ICP Lead Losers List

Crypto Market Update Today: Uniswap UNI Supply, Brazil Crypto Tax Plan

Overall Crypto Market Update:

• The global cryptocurrency market cap stands at $3.24 trillion, marking a 1.1% decline in the last 24 hours.

• Daily trading volume reached $216 billion.

• Bitcoin remains the leader with a 56.7% dominance, while Ethereum holds an 11.5% share.

• A total of 19,417 cryptocurrencies are currently being tracked.

• The largest gainers in the industry are Polkadot and XRP Ledger Ecosystem.

Major Crypto Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) and Ethereum (ETH) Price:

• Bitcoin is currently priced at $92336, representing a 0.73% rise in the past 24 hours. With $98 billion in trading volume and a $1.8 trillion market cap.

• Ethereum trades at $3108, up 2.81% in the last 24 hours, with a $375 billion market cap and $39.9 billion in trading volume.

Top 5 Trending Coins in 24 Hours:

• Aster (ASTER) at $1.39, gaining 14.31% with a TV $1.17B.

• Anoma (XAN) at $0.04554, surging 46.48% supported by TV $136.19M.

• Artificial Superintelligence (FET) at $0.2949, rising 8.15% with TV $224.52M

• Bitcoin (BTC) at $92,192.98, posting a mild 0.34% gain, and recorded a TVL $97.97B.

• SPX6900 (SPX) sits at $0.5438, up 17.27%, backed by $52.31M in TV.

Top 3 Gainers:

• Starknet (STRK) surged 17.94% to $0.2131. Its trading volume stands at $476 million.

• AB (AB) jumped 17.36% to $0.007972. The token recorded a trading volume of $25.5 million.

• SPX6900 (SPX) gained 16.23% to $0.541. Its trading volume reached $51.9 million.

Top 3 Losers:

• ICP (Internet Computer) at $5.14 with a 10.17% drop, recorded a volume of $629 million

• Filecoin (FIL) is priced at $2.01, down 4.79%, with $648 million in trading activity.

• Dash (DASH) at $77.71 slipped 2.75% with $344 million trading volume.

Stablecoins and Defi Update:

• Stablecoins hold a market cap of $310 billion with $152 billion in trading volume, representing a 0.1% negative change.  

• The DeFi market cap stands at $118 billion, down 2.4% in the last 24 hours, with a trading volume of $8.8 billion. DeFi dominance remains at 3.6%.

Fear and Greed Index Today

Source: Alternative Me

The current Fear and Greed Index is at 15, which indicates extreme fear. The state of the cryptocurrency is better than yesterday’s fear index of 11. Still, the market resides in extreme fear. Mainly due to sharp declines in prices and increased risk aversion, and selling pressure. Persistent volatility, weak liquidity, and macro uncertainty have pushed traders toward defensive positioning, deepening overall market fear.

Latest Market News Today

1. Nvidia, Microsoft & Anthropic Seal Major AI Alliance

Nvidia, Microsoft, and Anthropic unveiled a sweeping AI partnership as Anthropic secures $30B Azure compute, gains $15B in combined investments, and deepens joint engineering with Nvidia, marking another landmark multi-billion-dollar AI deal.

2. New Hampshire Approves First Bitcoin-Backed Municipal Bond

New Hampshire’s BFA approved a $100 million bitcoin-backed municipal bond using BitGo-held BTC. With strict collateral safeguards, revenues will fund the state’s Bitcoin Economic Development Fund to boost innovation and entrepreneurship.

3. 0xbow Secures $3.5M Seed Funding for Privacy Pools Development

0xbow has raised $3.5 million in seed funding led by Starbloom Capital, with backing from Coinbase Ventures, BOOST VC, and Balaji Srinivasan to advance Privacy Pools’ compliant privacy protocol under Ethereum’s Kohaku program.

4. Kraken Secures Major Funding Boost

Kraken has received a $200 million investment from Citadel Securities, lifting its valuation to $20 billion. Including September’s raise, funding totals $800 million as the exchange accelerates global expansion and payment innovation.

5. OCC Clarifies Banks’ Use of Crypto for Network Fees

The OCC’s Interpretive Letter 1186 confirms national banks may pay blockchain network fees and hold necessary crypto-assets, including those required for testing approved crypto-related platforms, strengthening regulatory clarity for compliant blockchain use.

6. Bitfury Unveils $1B Ethical Tech Push

Bitcoin miner Bitfury announced a $1 billion “Ethical Technology & AI” initiative, committing $200 million next year toward AI, quantum computing, decentralized transparency, and self-sovereign identity, with further investments planned gradually.

7. Tether Backs Bitcoin Lender Ledn

Tether announced a strategic investment in Bitcoin lender Ledn, which has issued $2.8B in BTC-backed loans. Ledn projects over $1B in 2025, with ARR already exceeding $100M.

8. Korea Digital Asset Push Tax Roadblocks.

Kintsugi's Harry Kim cautioned at Finternet 2025 that the tokenization plans of Korea will not speed up until fully developed regulations on taxation and custody are in place, with proposed taxes on digital assets of 20-25% causing investor unease.

9. UNIFication Sparks Token Value Shift of Uniswap.

The new UNIfication plan by Uniswap proposes protocol-fee burning, MEV auctions, and a 100M UNI retroactive burn, and hopes to tie the activity of the platform to the scarcity of UNI and restructure the LP rewards and user fees.

10. Brazil Weighs Tax on Cross-Border Crypto Payments

Brazil’s government is considering extending its financial transaction tax to international crypto payments, as officials review whether foreign exchange–classified virtual asset transfers should face new levies.

CoinGabbar’s Opinion

Given today’s crypto landscape—marked by extreme fear, rising volatility, and sharp sector-wide fluctuations—investors should approach the market cautiously. While strong gainers show trading opportunities, unstable sentiment and liquidity risks make short-term investing risky. Long-term buyers may benefit from gradual accumulation, but disciplined risk management and thorough research remain essential.

Disclaimer: This is not financial advice. Please DYOR before investing. CoinGabbar is not responsible for any financial losses.