Cryptocurrency prices today show a mix of movements, as Bitcoin and Ether enter the final week of November with slight losses.
Bitcoin, which kicked off the month at $34,397, now trades at $37,238, reflecting a 1.24 percent loss on Monday, November 27.
Despite this, November has proven profitable for the crypto sector, with Bitcoin's value growing from its starting point to the current range around $38,000.
Ether, the second-largest cryptocurrency, saw a 1.48 percent price drop on Monday and currently holds a value of $2,043.
To signal a bullish trend for Bitcoin, breaking and holding above $38,000 are considered crucial.
For Ether, it's essential to overcome the key resistance at $2,130 for a bullish scenario, and a solid close above this level could potentially drive the price higher.
However, the majority of cryptocurrencies faced losses today, including Binance Coin, Ripple, Solana, Cardano, and Dogecoin.
Others like Tron, Chainlink, Polygon, Avalanche, Polkadot, Litecoin, Shiba Inu, and Bitcoin Cash also traded in the red.
The overall crypto market valuation dipped by 1.12 percent in the last 24 hours, now standing at $1.42 trillion, according to CoinMarketCap.
Despite the declines, a select few cryptocurrencies recorded gains today, such as Leo, Cosmos, Uniswap, Binance USD, and Iota. Braintrust and Circuits of Value also saw modest gains.
Axie Infinity (AXS) emerged as one of the highest gainers, jumping 15.9 percent in the last 24 hours.
Data from DappRadar indicates increased demand for the play-to-earn blockchain game in November, with a 30 percent rise in the number of wallets interacting with the game.
Additionally, in the decentralized finance (DeFi) space, dYdX is poised to unlock $500 million in tokens, marking its first significant emission.
