Bitcoin
Bitcoin (BTC)
$66,950.00 0.49971
Bitcoin price
Ethereum
Ethereum (ETH)
$3,499.41 -0.16728
Ethereum price
BNB
BNB (BNB)
$593.61 0.44058
BNB price
Solana
Solana (SOL)
$172.83 1.66727
Solana price
XRP
XRP (XRP)
$0.6045280 2.01823
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 -0.08201
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 -2.12127
Pepe price
Bonk
Bonk (BONK)
$0.0000300 -5.91178
Bonk price
Bitcoin
Bitcoin (BTC)
$66,950.00 0.49971
Bitcoin price
Ethereum
Ethereum (ETH)
$3,499.41 -0.16728
Ethereum price
BNB
BNB (BNB)
$593.61 0.44058
BNB price
Solana
Solana (SOL)
$172.83 1.66727
Solana price
XRP
XRP (XRP)
$0.6045280 2.01823
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 -0.08201
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 -2.12127
Pepe price
Bonk
Bonk (BONK)
$0.0000300 -5.91178
Bonk price
Bitcoin
Bitcoin (BTC)
$66,950.00 0.49971
Bitcoin price
Ethereum
Ethereum (ETH)
$3,499.41 -0.16728
Ethereum price
BNB
BNB (BNB)
$593.61 0.44058
BNB price
Solana
Solana (SOL)
$172.83 1.66727
Solana price
XRP
XRP (XRP)
$0.6045280 2.01823
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 -0.08201
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 -2.12127
Pepe price
Bonk
Bonk (BONK)
$0.0000300 -5.91178
Bonk price
Bitcoin
Bitcoin (BTC)
$66,950.00 0.49971
Bitcoin price
Ethereum
Ethereum (ETH)
$3,499.41 -0.16728
Ethereum price
BNB
BNB (BNB)
$593.61 0.44058
BNB price
Solana
Solana (SOL)
$172.83 1.66727
Solana price
XRP
XRP (XRP)
$0.6045280 2.01823
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 -0.08201
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 -2.12127
Pepe price
Bonk
Bonk (BONK)
$0.0000300 -5.91178
Bonk price

Bitcoin and Ethereum bounce back, breaking $37k and $2k

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Bitcoin and Ethereum bounce back, breaking $37k and $2k

The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, have bounced back above $37,000 and $2,000 as the market trend goes bullish again.

Bitcoin price

Bitcoin (BTC) is up by 1.7% in the past 24 hours and is trading at $37,250 at the time of writing.

The asset’s market cap currently stands at $728 billion, with a market dominance of 51.4%. Bitcoin’s 24-hour trading volume also registered notable gains, reaching $14.27 billion.

Bitcoin and Ethereum bounce back, breaking $37k and $2k - 1
BTC price, whale activity, Binance funding rate and open interest – Nov. 20 | Source: Santiment

As the hike comes, according to data provided by Santiment, Bitcoin’s total open interest (OI) surged by 4% over the past day, reaching $6.8 billion. Data shows that BTC’s Binance funding rate currently stands at 0.01%, suggesting the dominance of short-position holders.

On the other hand, Santiment data shows that whale transactions consisting of at least $100,000 worth of BTC recorded a 10.4%, declining from 3,192 on Nov. 19 to 2,860 transactions at the time of writing.

Ethereum price

The second-largest crypto, Ethereum (ETH), registered a 2.7% incline over the past day and is trading at $2,020 at the time of writing. The asset’s market cap currently stands at $242 billion, with a 24-hour trading volume of $8.1 billion.

Bitcoin and Ethereum bounce back, breaking $37k and $2k - 2
ETH price, whale activity, Binance funding rate and open interest – Nov. 20 | Source: Santiment

According to Santiment, Ethereum’s total OI rose from $3.54 billion to $2.62 billion, marking an $80 million surge in the past 24 hours. ETH’s Binance funding rate also stands at 0.01%, suggesting dominant short positions.

However, the exact amounts of short and long positions remain unclear until further price movements.

Per Santiment, the number of whale transactions comprising at least $100,000 worth of ETH has constantly declined since Nov. 16. Data shows that 1,184 such transactions were recorded in the past 24 hours.

The hikes come after Bitcoin took a dive to the $35,000 mark, and Ethereum was back to the $1,900 mark last week. According to a crypto.news report, the crypto market took a U-turn after the $131 million Poloniex hack.