Cryptocurrency Price Today: Bitcoin Trades Over $37,000, Most Cryptocurrencies Are Managed to Generate Profit

On Monday, November 13, Bitcoin reflected a profit of 0.41% on the price chart. At the time of writing this article, the value of Bitcoin stood at $37,079 (approximately Rs. 30.8 lakh). Over the weekend, the value of Bitcoin managed to register a significant increase. To be precise, the price of Bitcoin increased by $309 (approximately Rs. 25,737) between Friday, November 11 and today. This now represents the highest price Bitcoin has managed to reach this month.

Ether has followed Bitcoin onto the profitable side of the price charts. With a small profit of 0.15%, the value of Ether is now around $2,049 (around Rs. 17,065). Over the weekend, the value of Ether saw a reduction of $66 (around Rs. 5,497).

“Ethereum outperformed BTC on weekly charts, holding its position above the $2,000 mark (around Rs. 1.66 lakh), following the unveiling of Blackrock’s spot ETF. BTC is up for the fourth week Even though BTC is halfway to regaining its all-time high, it has gained over 40% in recent weeks as spot ETFs are now looking towards the $40,000 level (around Rs .33.3 lakh),” Edul Patel, co-founder and CEO of Mudrex told Gadgets360 while commenting on the state of the market.

Among other for-profit cryptocurrencies, Bind, Ripple, Cardano, TronAND Mesh sweater marked their presence.

Polygon, Polka dot, Avalanche, Litecoin, Shiba Inu, Bitcoin CashAND Cosmos managed to make gains on Monday.

The global cryptocurrency market increased in valuation by 0.45% in the last 24 hours, taking its capitalization to $1.42 trillion (approximately Rs. 1,18,25,561 crore). CoinMarketCap Monday. The cryptocurrency fear and greed index stands at the point of 72, indicating a feeling of greed driving the market momentum.

Only a few cryptocurrencies recorded losses today. These include Binance coin, Solana, Dogemoneta, ChronoAND BinanceUSD.

Cryptocurrency is an unregulated digital currency, is not legal tender and is subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any kind offered or endorsed by NDTV. NDTV will not be liable for any losses arising from investments based on recommendations, forecasts or any other information contained in the article.

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