- Bitcoin (BTC) has been locked under $8,500 in recent days.
- Altcoins are mostly range-bound with bearish bias during early Asian hours.
Cryptocurrency market traders are sitting on the fence, waiting for new catalysts. Bitcoin and major altcoins are somewhat directionless during early Asian hours. The total cryptocurrency market capitalization is $233 billion, unchanged from this time on Sunday; an average daily trading volume dropped to $56 billion. Bitcoin's market share settled at 65.9%.
Top-3 coins price overview
BTC/USD is locked in a tight range limited by $8,500 on the upside and $8,400 on the downside. At the time of writing. the first digital coin is changing hands at $8,465, mostly unchanged both on a day-to-day basis and since the beginning of Sunday.
BTC/USD, 1-hour chart
Ethereum, the second-largest digital asset with the current market capitalization of $19.8 billion, has settled above $181.00 after a short-lived dip to $177.05 on November 15. ETH/USD has stayed unchanged in recent 24 hours amid low trading activity. The further recovery is limited by the upper line of 1-hour Bollinger Band at $183.30 followed by Saturday's low of $183.45.
ETH/USD, 1-hour chart
Ripple’s XRP is moving within a side channel, in line with the general trend on the cryptocurrency market. The coin bottomed at $0.2525 on November 15 and settled at $0.2615 by the time of writing. XRP/USD is the third digital coin with the current market value of $11.4. The coin may be vulnerable to further losses if fails to recover above $0.2620 (SMA50 1-hour) and $0.2630 (the upper line of 1-hour Bollinger Band) any time soon.
XRP/USD, 1-hour chart
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Crypto Today: XRP, ADA, XLMsurge as Ripple donates $25M to pro-crypto Fairshake
The altcoin market rally was propelled by news of Ripple Labs donating another $25 million to Fairshake, a Political Action Committee (PAC) that promotes political candidates committed to securing crypto-friendly policy in the United States in the 2026 midterm elections.
Former commissioner Paul Atkins tipped as the frontrunner for SEC chair
Paul Atkins, a former Securities and Exchange Commission (SEC) commissioner, is the leading candidate to chair the agency in President Donald Trump’s administration, according to Fox Business reporter Eleanor Terrett.
Trump plans AI and crypto czars to lead tech policy
President-elect Donald Trump is reportedly planning to appoint an “AI czar” to centralize U.S. policy on artificial intelligence (AI) and strengthen the country’s leadership in this transformative technology.
Bitcoin Price Forecast: BTC drops below $94,000, temporary dip or the start of a sell-off
Bitcoin (BTC) recovers slightly and is trading above $93,000 on Wednesday after declining 6% since Monday. The recent retracement in Bitcoin’s price aligns with a second straight day of outflows from spot BTC Exchange Traded Funds (ETFs)totaling $123 million on Tuesday, suggesting a dip in institutional demand.
Bitcoin: Rally expected to continue as BTC nears $100K
Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.