Bitcoin, Pepe Coin Plummet As LUNC Rallies

The crypto prices today were in the negative territory, mainly due to the absence of any positive catalyst fuelling further gains in the market. Meanwhile, the market has witnessed a notable surge over the past few weeks, suggesting a bullish sentiment among investors.

However, the investors seem to be moving towards the sideline this week on November 27, which could be due to the absence of any potential catalyst. In addition, the recent regulatory hurdles surrounding the digital asset space may have further dampened the market sentiment, weighing on the crypto prices.

The week started with Bitcoin price declining 1.11% to $37,297.73, while its market volume over the last 24 hours soared 71.58% to $14.85 billion. Meanwhile, the crypto has touched its yearly high crossing the crucial $38,000 mark last week, suggesting a positive sentiment in the market.

Simultaneously, the Ethereum price plunged 1.42% to $2,045.62 as of writing, with its trading volume increasing 69.82% to $8.6 billion. On the other hand, the BNB price noted a decline of 1.8% to $228.91, while its volume over the last 24 hours rose 14.59% to $626.66 million.

In addition, the XRP price slipped 1.61% to $0.6101, and its trading volume from yesterday skyrocketed 113.07% to $1.26 billion. The Cardano price was down 1.7% to $0.3847, with its trading volume rising 12.92% over the last 24 hours to $242.01 million.

In the meme coin segment, the Dogecoin price stayed near the flatline at $0.07842 in the last 24 hours, with its trading volume increasing 72.43% to $434.7 million. On the other hand, the Shiba Inu price decreased by 1.27% to $0.000008274 while its trading volume jumped 11.44% from yesterday to $125.43 million.

The recent downturn momentum in most of the major crypto prices has wiped off gains from the broader market as well. The global crypto market cap was down 1.22% from yesterday to $1.42 trillion, and its volume rose 45.40% to $43.07 billion over the last 24 hours. However, the crypto market fear and greed index stood at 71, suggesting a greed sentiment in the market.

Also Read: Bitcoin (BTC) Price Volatility Ahead As Open Interest Moves in the “Danger Zone”

The Top 4 Cryptos For Today Are

Pepe Coin Slips 6%

The Pepe Coin price decreased by 5.79% to $0.000001097 as of writing on Monday, while its trading volume declined 7.49% to $73.97 million from yesterday. The decline in the crypto’s price reflects the bearish momentum witnessed in the broader market on November 27. Over the last seven days, the Pepe coin noted a slump of nearly 11%.

Terra Classic (LUNC) Rises 23%

The Terra Classic was one of the top gainers in today’s trading session, despite a downturn momentum in the broader market. The LUNC price was up 23.78% to $0.00009547 as of writing on November 27, gaining attention from investors. Meanwhile, the recent gains in the LUNC price could be due to the surge in its sister token TerraClassicUSD (USTC) price.

Axie Infinity (AXS) Surges 13%

The Axie Infinity crypto has also shown resilience to the bearish sentiment hovering in the digital asset space on Monday. As of writing, the Axie Infinity price was up 13.05% to $7.04, with its volume skyrocketing 362.52% over the last 24 hours to $440.89 million. Notably, the AXS price has added nearly 47% in the last 30 days.

Oasis Network (ROSE) Adds 5%

The Oasis Network price added 5.28% and traded at $0.08215 during writing on November 27, suggesting a growing interest from the investors. Meanwhile, its trading volume from yesterday witnessed a surge of 67.03% to $63.32 million at the same time. In addition, the ROSE price was up nearly 64% over the past 30 days.

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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor and crypto journalist at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.