In view of the ongoing volatility in the market, Bitcoin It is trading bearish, although it is still consolidating in a limited trading range from $15,800 to $17,200. EthereumThe second most valuable cryptocurrency, is also trading sideways with a price range of $1,175 to $1,280.
Major cryptocurrencies trading negative early on Nov 21 crypto market price fell nearly 4% the previous day to $803 billion. On the other hand, the total crypto market volume increased by 59% in the last 24 hours to $52.85 billion.
The total DeFi volume was $4.60 billion, which was 8% of the total 24-hour volume in the crypto market. Whereas, the total volume of all stable coins was a little over $51 billion, which is 97% of the total 24-hour volume of the crypto market.
Let’s take a look at the top 24-hour altcoin gainers and losers.
Top Altcoin Pros and Cons
NEM (XEM), UNUS SED LEO (LEO), and BinaryX (BNX) are three of the top 100 coins that have gained in value over the past 24 hours. XEM is up over 4% to $0.035, LEO is up over 2% to $4.45, and BNX is up almost 0.20%.
Chiliz (CHZ), EthereumPOW (ETHW), and NEAR Protocol (NEAR) are three of the top 100 coins that lost value in the last 24 hours. CHZ has lost more than 15% to trade at $0.1930. ETHW has fallen over 13% in the last 24 hours to trade at $3.20.
FTX Exploiter Converts 50K ETH To BTC, ETH Drops 6%
The stolen funds, totaling over $60 million at today’s exchange rates, were first sent through the FTX Exploiter account on November 20.
In a span of about four hours, the hacker moved a total of 25,000 ETH from one wallet to another. Earlier 5,000 ETH, 10,000 ETH twice and finally 25,000 ETH were transferred.
Since the new ‘0x866’ wallet now contained $60 million worth of ETH, the FTX exploiter began bridging a subset of the 50,000 ETH using RainBridge, a blockchain bridging technology funded by Alameda Research.
FTX exploiters continued to bridge RenBTC in exchange for ETH, eventually reaching a total of 692 RenBTC from the initial 50,000 ETH. At the time of writing, the ‘0x866’ wallet contained 10 ETH and 0.092 renBTC, with a total market cap of approximately $13,000.
Concerns about the issue related to FTX are keeping the overall market under selling pressure.
bitcoin price
The current price of bitcoin is $16,112, with a 24-hour trading volume of $28 billion. Bitcoin is down more than 3% in the last 24 hours. coinmarket cap Currently ranked first with a live market cap of $309 billion, down from $352 billion.
It has a maximum supply of 21,000,000 BTC coins and a circulating supply of 19,213,150 BTC coins.
Bitcoin has settled in a trading range of $16,000 to $17,000, with the breakout determining future price action.
Bitcoin is currently facing an immediate resistance near the $17,250 level, and a cross above it could take BTC to the next resistance area at $18,100.
On the downside, an immediate support for bitcoin is located at $15,800, and a bearish breakout above it could open additional selling positions towards $15,800. Meanwhile, an additional break below $15,800 could expose BTC to $14,550.
ethereum price
current price of Ethereum $1,129, with a 24-hour trading volume of $11 billion. Ethereum is down more than 7% in the last 24 hours. With a live market cap of $138 billion, Coinmarketcap currently ranks second. It has a circulating supply of 122,373,866 ETH coins.
on the 4 hour chart, Ethereum Attempting to retest the $1,100 level. ETH/USD has broken out of a descending symmetrical triangle, indicating the possibility of a strong downtrend continuation.
On the upside, the 50-day moving average is extending a key resistance at $1,215 and it is likely to act as a key resistance below the previously breached triple bottom.
A candle close below this level could cause a drop in ETH towards the $1,075 or $1,000 support area.
NEM Pump 30%
The current price of NEM is $0.03461 with a 24-hour trading volume of $62 million. NEM has gained more than 3.50% in the last 24 hours and more than 30% in the last seven days. With a live market cap of $311 million, CoinMarketCap is currently ranked #85. There are 8,999,999,999 XEM coins in circulation.
On the technical front, NEM has climbed above the $0.030 support, and a candle close above this level could provide further support to the uptrend.
On the upside, NEM’s immediate resistance remains at $0.040, and increased demand could target $0.048 or $0.050 through it.
Pre-Sold Cryptocurrency With Huge Potential Profits
Dash 2 Trade (D2T)
dash 2 business, developed by Learn 2 Trade Services, provides investors with market driven insights, trading signals and prediction services. The cryptocurrency initiative promises to provide consumers with enough information to enable them to make successful decisions.
D2T is an Ethereum-based trading intelligence platform that gives traders of all skill levels real-time analytics and social data, helping them make better-educated decisions.
D2T started its token sale three weeks ago and has already raised over $6.7 million. It also announced its first CEX listing on the LBank market. 1 D2T is currently worth 0.0513 USDT but it is expected to rise to $0.0533 in the next phase of the sale and to $0.0662 in the final phase.
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