If green price action is registered, we may even see an attempt by BTC for the $38,000 (roughly Rs. 174 crore) in long positions have been wiped as per CoinGlass data, we are in such a market condition that investors seem to have left the possibility open for both new highs or deeper price action in the red. While approximately $21 million (roughly Rs. “BTC continues its price-correction phase.

Dogecoin to USD price is updated in real-time. Over the last day, the price of ETH has reduced by $76 (roughly Rs. The live price of Dogecoin is 0.0898243 per (DOGE / USD) today with a current market cap of 11.92B USD.

At the time of writing, ETH was trading at $1,979 (roughly Rs. Along with Bitcoin, several other cryptocurrencies also reflect losses today.Ī loss of 3.52 percent struck Ether on Friday. While these drops have been minor, experts label them as an important phase of price correction for crypto assets. The value of Bitcoin, in the last 24 hours, dipped by $1,132 (roughly Rs. With this, the value of Bitcoin slipped to $36,341 (roughly Rs. This ratio is one of Santiment’s primary alpha signals for traders in the crypto market.Bitcoin saw a loss of 2.87 percent on Friday, November 17. Santiment, a prominent firm specializing in on-chain data analytics for the crypto market, highlighted a significant improvement in Bitcoin’s NVT (Network Value to Transaction) ratio. Allowing the Liquidity to run its course and for Altcoins to pump He anticipates a period of stagnation and range-bound movement, lasting a few weeks or even months. Buy the dips.”Ĭrypto Tony suggests that the macro outlook for Bitcoin remains consistent. Similarly, the Nasdaq Composite saw a marginal rise of 0.07% and closed at 14,113.67.Īnalyst Notes: Cryptocurrency analyst Michael Van de Poppe noted that Bitcoin successfully held the $34,800-35,200 support area and “new highs are closer than we think. This trend is determined by the technical indicators on our Dogecoin price prediction page. On the other hand, the S&P 500 managed to register a modest increase of 0.12%, reaching 4,508.24 by the end of the session. Binance USD is currently bearish and Dogecoin bearish (46), which suggests that now is a good time to exchange BUSD for DOGE. The 30- stock Dow experienced a slight decline of 45.74 points, or 0.13%, concluding the day at 34,945.47. The Dow Jones Industrial Average closed in negative territory on Thursday, as investors temporarily paused the upward trend witnessed this month. The global crypto market cap currently stands at $1.43 trillion, reflecting an increase of 4.99%in the past 24 hours. The surge in optimism surrounding spot ETFs and anticipated significant institutional and retail inflows played a crucial role in the remarkable rise of Bitcoin, climbing from $25,000 in September to nearly $38,000. The crypto market analytics firm, K33 Research, reported that the absence of an SEC decision this week may disrupt the momentum in the crypto market until the next deadline in early 2024. Dogecoin is +2.34 in the last 24 hours with a circulating supply of 141.49B. DOGE to USD price is updated in real-time. Dollar Index (DXY) approached 104, reaching its lowest levels since September. You can sell Dogecoin on most cryptocurrency exchanges like Binance or eToro. Binance has the lowest transaction fee rate amongst all major trading platforms.

dollar weakness resurfacing and offsetting a recovery from the sharp drop on Nov. The macro picture was exciting today, with U.S. What Happened: The volatility in the crypto market has taken a toll on derivatives traders, with approximately $340 million of leveraged positions getting liquidated within just two days.Īccording to CoinGlass data, this rollercoaster ride closely mirrors the events from earlier in the week, where bulls struggled to maintain new highs and faced long liquidations. The cryptocurrency market experienced a drop on Thursday evening after a wave of sell orders was positioned.

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