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Cryptocurrency Price Today: Bitcoin Drops Below $17,000 as Crypto Meltdown Continues

Bitcoin (BTC), the oldest and most valuable cryptocurrency in the world, continued to experience a drop in prices and fell below the $17,000 mark on Saturday morning. Ethereum (ETH), on the other hand, saw a small gain of 1.70 percent and managed to stay within the $1,200 range. Other popular altcoins, including Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), landed in the red across the board. The GMX token turned out to be the main gainer, jumping 14.16% in 24 hours.

At the time of writing, the global crypto market capitalization stood at $852.17 billion, posting a 0.27% gain in 24 hours.

Bitcoin (BTC) price today

Bitcoin price stood at $16,881.37, down 0.92 percent over 24 hours, according to CoinMarketCap. According to the Indian exchange WazirX, the price of BTC stood at Rs 15.15 lakhs.

Ethereum (ETH) price today

ETH price stood at $1,259.16, marking a 24-hour jump of 1.70 percent at the time of writing. According to WazirX, the price of Ethereum in India stood at Rs 1.13 lakhs.

Dogecoin (DOGE) price today

DOGE posted a 24-hour loss of 2.60 percent according to data from CoinMarketCap, currently priced at $0.08233. According to WazirX, the price of Dogecoin in India was Rs 7.55.

Litecoin (LTC) price today

Litecoin saw a 24-hour drop of 0.05 percent. At the time of writing, it was trading at $60.17. The price of LTC in India stood at Rs 5,222.16.

Ripple (XRP) Price Today

XRP price stood at $0.375, with a 24-hour loss of 1.05 percent. According to WazirX, the price of Ripple stood at Rs 32.60.

Solana (SOL) price today

Solana price stood at $15.80, marking a 24-hour drop of 3.35 percent. According to WazirX, the SOL price in India stood at Rs 1,454.

Top Cryptocurrency Gainers Today (November 12)

According to data from CoinMarketCap, here are the top five cryptocurrency gainers in the last 24 hours:

GMX (GMX)

Price: $36.91
24 hour gain: 14.16 percent

Bitcoin SV (BSV)

Price: $39.78
24 hour gain: 6.03 percent

Uniswap (UNI)

Price: $5.83
24 hour gain: 5.64 percent

Chain (XCN)

Price: $0.04987
24 hour gain: 5.46 percent

Chile (CHZ)

Price: $0.2179
24 hour gain: 5.31 percent

Top Crypto Losers Today (Nov 12)

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

FTX Tab (FTT)

Price: $2.36
24 hour loss: 17.67 percent

Huobi Token (HT)

Price: $5.25
24 hour loss: 13.60 percent

Nexus (NEXUS)

Price: $0.7052
24 hour loss: 9.59 percent

Manufacturer (MKR)

Price: $745.85
24 hour loss: 8.73 percent

Chronos (CRO)

Price: $0.08451
24 hour loss: 8.34 percent

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

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