In the previous 24 hours, Bitcoin (BTC) fell 2.23 percent, while Ethereum (ETH) fell 4.16 percent. On November 22, the prices of the top cryptocurrencies by market value, including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), remained negative.
Bitcoin was trading at $57,722.08 at 8:30 a.m., down 2.23 percent in the previous 24 hours. Ethereum’s decline has also continued; it is now down 4.16 percent in the last 24 hours, trading at $4,192.58. Binance Coin was trading at $569.42, down 3.89 percent in the previous 24 hours.
Tether and Solana, the fourth- and fifth-largest cryptocurrencies in terms of market capitalization, are up for the day. It made 0.05 percent and 4.91 percent gains, respectively. Tether was trading at $1.00, and Solana was trading at $222.53.
Angry Squid (AngrySquid) became the biggest gainer in the last 24 hours, with a 313.65% increase in the previous 24 hours; it traded at $0.03567 at 8:30 a.m. Verify Token (VFY) suffered the most significant loss in the last 24 hours, falling by 83.91 percent and trading at $0.000000009128.
Top meme coins, like Dogecoin, Shiba Inu, Dogelon Mars, and Samoyedcoin, have remained red.
Dogecoin was trading at $0.2215, down 3.46 percent in the last 24 hours, while Shiba Inu was trading at $0.00004336, down 6%. Donelon Mars was trading at $0.000001581, down 6.37 percent in the last 24 hours. Samoyedcoin was trading at $0.112 and had dropped 2.09 percent in the previous 24 hours.
El Salvador, a Central American country, has announced plans to build the world’s first ‘Bitcoin City,’ funded initially with bitcoin-backed bonds.
President Nayib Bukele stated that this city would have no taxes when announcing the gathering of Bitcoin enthusiasts on November 20, 2021.
The city will be built near the Conchagua volcano so that geothermal energy can use to power both the city and Bitcoin mining. The country will issue $1 billion in tokenized bonds on the liquid network with Bitfinex and Blockstream.
According to Commbank’s CEO, “we don’t think the sector or technology will go away anytime soon.” So we want to understand it, and we want to provide a competitive offering to customers with the appropriate risk disclosures.
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