BTC, ETH Trade Lowly With Losses, Stablecoins Record Profits Close to November End
More cryptocurrencies saw losses than profits, as the turbulent month of November 2022 inches closer to its end. Bitcoin on Monday, November 28, opened with a value loss of 2.37 percent. BTC, at the time of writing, is trading at $16,111 (roughly Rs. 13 lakh). This is the second consecutive week where the oldest cryptocurrency has failed to break past this price point. On international exchanges like Binance and Coinbase as well, BTC struggled with small losses and traded at a similar price point. Ether tailed Bitcoin on the loss-trail. ETH, as per Gadgets 360’s crypto price tracker, is trading at $1,163 (roughly Rs. 95,150) after recording a loss of four percent. Binance Coin, Cardano, Polygon, Polkadot, and Litecoin also saw losses. Interestingly, rival meme coins Shiba Inu and Dogecoin, unconventionally found themselves on different sides of the crypto charts today. While Shiba Inu saw a 2.22 percent loss to trade at $0.0000089 (roughly Rs. 0.000730), Dogecoin rose in value by 5.56 percent to hover around the price point of $0.095 (roughly Rs. 7.78). Stablecoins …