Cryptos On Nov 15: Sentiment Turns Bullish As Market Recovers From Last Week's Losses
KEY POINTS
- Bitcoin started the day at $65k, recovering from previous week's losses
- Ethereum also remains bullish, sees support at $4.6k
- Biggest gainers include WIN, DUSK and WAXP
The crypto market opened another green candle on Nov. 15 as its cumulative market capitalization stood at $2.8 trillion as of 3:53 a.m. ET. The day began with Bitcoin’s dominance at 43.30%, but a 13.37% decline in trading volume for the token, as per data from CoinmarketCap. Bitcoin opened its daily candle at $65,519, touching a high at $66,200.
Ether prices were up 2.88% as of 3:53 a.m. ET, and trading volume rose 0.44%, the data showed. The dominance of the token rose to 19.50%, and market capitalizaiton rose 2.90% to $559 billion —compared to Bitcoin’s cap of $1.3 trillion. Dominance indicates a token's market cap relative to other coins.
The biggest gainers Monday included WIN, DUSK and WAXP. WIN rose by more than 44% in the last 24 hours, seeing its price spike 25% in Monday's trading touching a session high of $0.0010935. The WAXP token rose nearly 40% in the last 24 hours, with a 4% price surge Monday. The day's high for the token as of 3.53 a.m. ET was $0.92.
Popular altcoins like SOL, DOT and ADA also saw bullish movements. SOL token opened the day at $238.6, touched a high of $244 and saw a 3.52% decline in trading volume. DOT opened the daily candle at $46.3 and reached a high of $47.3, with a 16.45% decline in trading volume. The market capitalization for the Polkadot token was at $45.9 billion.
Cardano rose by 2.12% in the last 24-hours, with a 21.08% drop in trading volume and a 2.12% surge in trading volume.
Meme tokens like Dogecoin and Shiba Inu haven’t performed quite well though. Dogecoin opened the day at $0.2628, with a daily high at $0.2654. SHIB opened the day at $0.00005314 with a daily high of $0.00005350, and witnessed a 33.57% drop in the trading volume.
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