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Cryptocurrency price today November 14: Cryptocurrency markets had their worst seven-day run since June 2022, after Terra collapsed over the weekend as crypto prices continued to fall. The world’s largest cryptocurrency, the price of Bitcoin fell to $16,103 while the second-largest digital token, Ether, the Ethereum blockchain-linked coin fell 6% to $1,191. Altcoins had a similar fate.

The global crypto market capitalization remained below the $1 trillion mark today, dropping as much as 5% in the past 24 hours. All major cryptocurrencies were in red on Monday. FTX Token plunged 15.8%, Solana fell 13.11%, while Polygon, Dogecoin, Shiba Inu and XRP fell 10% each. Terra Classic also lost 1.11% of its value.

“As markets reacted to the latest news regarding the FTX hack, most cryptocurrencies continued to fall over the weekend. After a turbulent week, Bitcoin and Ethereum are still trading in the red, maintaining that sentiment with sustained selling. BTC is back at the $16,000 level. If the bulls can hold BTC above the current level, we could see a trend towards $17,000. If not, there is a chance that BTC will hit the $15,500 level soon. The second largest cryptocurrency, Ethereum, has fallen around 6% in the past 24 hours. ETH also broke above its monthly support of $1245, which shows the strength of the seller in the market. The support for ETH now stands at $1100 and $1000, while the resistance level is at $1254,” said Edul Patel, CEO and co-founder of Mudrex.

Read also : Is Crypto.Com next after FTX? CRO price down 50%

Other cryptocurrency prices that fell today include Binance USD, Avalanche, Solana, Tether, XRP, Terra, Tron, Litecoin, ApeCoin, Polygon, gimbal, Stellar, Chainlink, Uniswap, Polkadot. Their prices were trading with declines over the past 24 hours.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.

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