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Crypto Prices Today: BTC Decline Opens Door for Altcoins To Shine

Published 11/14/2023, 08:26 PM
Updated 11/14/2023, 08:45 PM
© Reuters.  Crypto Prices Today: BTC Decline Opens Door for Altcoins To Shine
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  • The latest decline in BTC’s price could open the door for altcoins like MATIC, MEME, and BIGTIME.
  • At press time, BTC was worth $36,667.05 after its price experienced a slight 0.49% drop in the past day.
  • Meanwhile, MATIC, MEME, and BIGTIME ended up on CoinMarketCap’s trending list after their prices climbed.

Bitcoin’s (BTC) price has dropped along with the global market cap in the past 24 hours. At press time, CoinMarketCap indicated that the total market cap stood at $1.4 trillion after it experienced a 0.38% decline since yesterday. BTC’s recent decline could, however, open some doors for tokens like Polygon (MATIC), Memecoin (MEME), and Big Time (BIGTIME).

BTC / Tether US 1D (Source: TradingView)

Throughout the past 24 hours, BTC’s price slipped by 0.49%, which left it trading hands at $36,667.05. The market leader’s 24-hour trading volume rose by more than 42%, boosting it to $18,366,217,013, but this was likely due to an increase in sell volume.

Despite its latest stumble, BTC’s weekly performance was still up by about 4.47%. Additionally, the cryptocurrency’s price was up by over 37% on its monthly time frame as well.

Meanwhile, i…

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