Crypto On Nov. 2: Bitcoin Fails To Push Into $21,000 Zone, Ether Rejected At $1,600

The crypto market Wednesday saw the leading cryptocurrencies, Bitcoin (BTC) and Ether (ETH), fail to push above $21,000 and $1,600, suggesting a lack of bullish momentum in the market.

Moreover, the price action of BTC and ETH has been above the $20,000 and $1,500 price levels which seem to be short-term support levels.

Moreover, the trading volume of BTC dipped 17.02%, while that of ETH dropped 26.19%. The price of BTC was up 0.16%, while ETH went up 0.26%.

BTC and ETH tokens were priced at $20,525 and $1,591, respectively, as of 12.00 a.m. ET, according to data from CoinMarketCap.

The crypto fear and greed index indicated the market was in "fear" as its value read 30.

BTC has jumped 1.30% in the last seven days, while ETH's price has been up 6.89%.

Other top 10 crypto coins showed mixed movement, with Binance Coin (BNB) down 1.10% to $326.43, Solana (SOL) down 1.16% to $32.27, Cardano (ADA) down 1.74% to $0.3997, Dogecoin (DOGE) up 10.84% to $0.1414; and Ripple (XRP) up 0.42% to $0.4616.

Additionally, as per the prediction from Bitnation, the SOL token is expected to reach a maximum price of $58.11 by the year-end, while the ADA token will likely trade around $0.719946 at the same time.

The top gainers included Toncoin (TON), which rose 10.64% to $1.67; Elrond (EGLD), which was up 2.89% to $60.51; Theta Network (THETA), which was up 5.72% to $1.24; and Curve DAO Token (CRV), which was up 1.43% to $0.9016.

The top losers in the crypto market were Near Protocol (NEAR), which was down 3.08% to $3.02; Quant (QNT), which slipped 3.03% to $161.57; Terra Classic (LUNC), which was down 8.47% to $0.0002223; and ApeCoin (APE), which dropped 4.69% to $4.50.

Other popular tokens that were bearish included Polygon (MATIC), which was down 3.20% to $0.8752; Polkadot (DOT) which dropped 2.81% to $6.44; and Avalanche (AVAX) which was up 3.96% to $18.38.