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Crypto price today, November 7th. Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin BLUR IMX ABP Live TV

Bitcoin (BTC) fell below $35,000 early Tuesday, showing signs of slumping after days of significant gains. The overall market’s Fear & Greed Index was 73 (greed), according to CoinMarketCap. Popular altcoins – including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP) and Litecoin (LTC) – consistently landed in the green. Blur (BLUR) became the group’s biggest gainer with a 24-hour jump of over 19 percent. Immutable (IMX), on the other hand, became the biggest loser with a 24-hour loss of over 10 percent.

The global cryptocurrency market cap was $1.32 trillion at the time of writing, representing a 24-hour increase of 0.30 percent.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price was at $34,885.97, a 24-hour loss of 0.18 percent. According to Indian exchange WazirX, the BTC price was at Rs 30.05 lakh.

Ethereum (ETH) price today

At the time of writing, ETH price was at $1,888.52, representing a 24-hour jump of 0.20 percent. According to WazirX, Ethereum price in India was at Rs 1.65 lakh.

Dogecoin (DOGE) price today

According to data from CoinMarketCap, DOGE recorded a 3.93 percent increase in 24 hours and is currently at $0.07457. According to WazirX, Dogecoin price in India was at Rs 6.41.

Litecoin (LTC) price today

Litecoin recorded a 1.99 percent increase in 24 hours. At the time of writing, it was trading at $73.18. The LTC price in India was Rs 6,200.05.

Ripple (XRP) price today

XRP price was at $0.688, registering a 0.98 percent increase in 24 hours. According to WazirX, Ripple price was at Rs 59.60.

Solana (SOL) price today

Solana price was at $40.81, a 24-hour loss of 0.37 percent. According to WazirX, SOL price in India was at Rs 3,511.01.

Top Crypto Gainers Today (November 7th)

According to CoinMarketCap data, here are the five crypto winners from the last 24 hours:

Blur (BLUR)

Price: $0.3682
24 hour profit: 37.24 percent

Trust Wallet Token (TWT)

Price: $1.64
24 hour profit: 24.01 percent

The Graph (GRT)

Price: $0.1441
24 hour profit: 12.94 percent

Arweave (AR)

Price: $7.13
24 hour profit: 9.54 percent

Ripple (XRP)

Price: $0.7135
24 hour profit: 8.81 percent

Top Crypto Losers Today (November 7)

According to CoinMarketCap data, here are the top five crypto losers in the last 24 hours:

MutliversX (EGLD)

Price: $44.82
24 hour loss: 4.98 percent

NEAR protocol (NEAR)

Price: $1.57
24 hour loss: 3.82 percent

Immutable (IMX)

Price: $0.894
24 hour loss: 2.70 percent

Monero (XMR)

Price: $165.19
24 hour loss: 2.13 percent

Solana (SUN)

Price: $40.38
24 hour loss: 1.42

What crypto exchanges say about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Over the last 24 hours, Bitcoin has maintained a trading range near $35,000 as investors turned their attention to altcoins.” Altcoins Ripple, Cardano and Solana are in the last seven days have grown by over 18 percent, 18 percent and 13 percent respectively. Ripple’s surge is primarily due to the company receiving approval to operate and provide services in Georgia and Dubai. This change in market sentiment indicates the possible start of an altcoin season. Meanwhile, Bitcoin has achieved a remarkable 111 percent increase in value over the past year.”

Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said: “While BTC has been rising for a few weeks, the ETH/BTC pair appears to be finding a small support around the 0.05 BTC per ETH level.” The small recovery has others too helped well-known altcoins to show some momentum in the upward movement of prices. If ETH/BTC can stay above this key psychological level, we can expect a continued rally in altcoins, especially DeFi protocols and other infrastructure projects.”

WazirX Vice President Rajagopal Menon said: “Bitcoin has fallen below its bullish level of $35,000 in the last 24 hours. However, market sentiment appears to be positive despite a brief price decline. Ethereum has also staged an impressive rally alongside Ripple and Cardano, and investors seem optimistic about its potential. The S&P market appears to be headed for a bullish breakout of its own. Even though the correlation with Bitcoin has fallen below zero, historically a rise in levels would also mean a rally for crypto.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “In the current trading environment, Bitcoin is hovering around $34,918 with minor daily fluctuations, anchored by a key point at $34,662.” It faces immediate resistance at $35,352, which could lead to higher targets such as $36,834 and $37,722, while support levels around $34,112 provide reinforcement if needed and additional cushion at $33,425 and $32,432. The Relative Strength Index (RSI) at 50.01 indicates market balance. The relationship between the moving average convergence divergence (MACD) and the signal line provides insight into potential uptrends or downtrends, and the 50-day exponential moving average (EMA) at $34,622 suggests a near-term bullish bias. A chart pattern that resembles an ascending channel indicates an uptrend that needs to be confirmed by consistent price movement within or above the channel. In summary, Bitcoin market sentiment is neutrally bullish, with short-term resistance at $35,352 depending on support levels and bullish indicators.”

Shivam Thakral, CEO of BuyUcoin, said: “The crypto market remains bullish as BTC and other digital assets continue to rise. Interestingly, altcoins such as XRP, BNB, ADA, and DOGE have outperformed BTC in the last 24 hours, pushing the total cryptocurrency market cap to $1.32 trillion. The Bank of England has stated its intention to regulate mass-circulated systemic stablecoins, while the FCA will regulate the entire crypto sector. The positive regulatory developments are seen as an important step towards the long-term adoption of digital assets.”

The CoinDCX research team told ABP Live: “Over the last 24 hours, both BTC and ETH remained stable, while altcoins saw a 5-10 percent increase.” This was accompanied by a decline in BTC dominance. BTC is currently between key support at $34,000 and resistance at $36,000, while ETH has yet to clear significant resistance at around $2,000. The market cap of altcoins, excluding BTC and ETH, reached almost $400 billion, which is a positive sign for the crypto space. It is worth noting that Federal Reserve Chairman Powell will be making a speech tomorrow, November 8th, which could potentially cause some market volatility.”

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Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any losses arising from such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek professional advice and carefully read the offering documents and related relevant literature on the subject before making any type of investment. Cryptocurrency Market forecasts are speculative and any investment made is at the sole expense and risk of the readers.

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