{"id":27547,"date":"2022-11-15T10:07:42","date_gmt":"2022-11-15T04:37:42","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=27547"},"modified":"2022-11-15T10:07:42","modified_gmt":"2022-11-15T04:37:42","slug":"crypto-market-update-november-15-2022","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/news\/crypto-market-update-november-15-2022\/","title":{"rendered":"Crypto market update: 15 November 2022"},"content":{"rendered":"

Crypto prices stabilized after last week\u2019s market turmoil triggered by FTX\u2019s bankruptcy filing. The news of Binance launching a crypto recovery fund gave a fillip to the market. The industry fund aims to help crypto projects with liquidity issues. Ripple (XRP) led the way, rising by 10.8%. The session also witnessed an upward trend among the top cryptos by market cap, including Bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), Dogecoin (DOGE), Polygon (MATIC), and Cardano (ADA).<\/p>\n

The total crypto market cap increased by $10.5 billion to $793.0 billion on 14 November. At publishing time, the global crypto market cap is $842.58 billion, a 4.44% increase over the previous day, according to CoinMarketCap. Despite the recovery, the crypto market continued to decouple from the NASDAQ Composite Index, which ended the day with a 1.12% loss.<\/p>\n

The broader market is still not out of the woods as contagion fears loom, and would need more positive triggers to support a sustained recovery from last week’s losses.<\/p>\n

Key coins<\/h2>\n

During yesterday’s session, Bitcoin (BTC) rose by 1.72% and ended the day at $16,626. It is noteworthy that BTC recorded its second increase in nine sessions. At the time of writing, BTC is up by 4.38% in the last 24 hours, trading at $16,754.61.<\/p>\n

Ethereum (ETH), the world’s second-largest crypto by market cap, also traded in the green during yesterday’s session, registering a relatively modest gain of 1.8% to reach $1,240.72. Ethereum is up 6.29% in the last 24 hours to trade at $1,258.33, according to CoinMarketCap.<\/p>\n

Crypto Fear and Greed Index<\/h2>\n

The Crypto Fear and Greed Index, an indicator of market sentiment, is at 22\/100 level, down 2% from yesterday’s 24\/100. The index’s reversal from 13 November is despite the positive market turnaround. The return to the 22\/100 level reflects investor uncertainty over the impact of the FTX collapse on the broader crypto market. It may be recalled that the index had tumbled below 10\/100 in May 2022 following the collapse of Terra.<\/p>\n

\"Crypto<\/p>\n

Top gainers and losers<\/h2>\n

Here are the top gainers at publishing time, according to data from CoinSwitch<\/a>.
\nSwipe (SXP): 23.01%
\nSolana (SOL): 13.06%
\nMetal (MTL): 12.79%
\nQuarkChain (QKC): 12.64%
\nRipple (XRP): 11.77%<\/p>\n

Among the losers are:<\/p>\n

Tron (TRX): -0.32%
\nDFI.money (YFII): -0.26%<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto prices stabilized after last week\u2019s market turmoil triggered by FTX\u2019s bankruptcy filing. The news of Binance launching a crypto recovery fund gave a fillip to the market. The industry fund aims to help crypto projects with liquidity issues. Ripple (XRP) led the way, rising by 10.8%. The session also witnessed an upward trend among […]<\/p>\n","protected":false},"author":70,"featured_media":27548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[7701],"tags":[6602,6536],"class_list":["post-27547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-market-update","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-11-13T20:17:51+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Akumbenla Jamir\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/akumbenla\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/38aea2873be2850fa7502413626eea19?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":false,"select_disclaimer":"Article Default Disclaimer","key_takeways":false},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/27547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=27547"}],"version-history":[{"count":1,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/27547\/revisions"}],"predecessor-version":[{"id":27555,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/27547\/revisions\/27555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/27548"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=27547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=27547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=27547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}