Crypto On Nov. 3: Bitcoin, Ether Turn Bearish; Trading Volume Jumps

The crypto market opened on a slightly bearish note Thursday, with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) retaining the $20,000 and $1,500 price levels, respectively, as the nearest support zones.

As per earlier reports, BTC and ETH were rejected at $21,000 and $1,600, respectively, which prevented further upside.

Moreover, the trading volume of BTC jumped 43.93%, while that of ETH surged 72.29%. The price of BTC was down 0.97%, while ETH dipped 2.41%.

BTC and ETH tokens were priced at $20,324 and $1,551, respectively, as of 12.05 a.m. ET, according to data from CoinMarketCap.

The crypto fear and greed index showed that the market was in "fear" while its value was stuck at 30, confirming a decrease in volatility.

BTC has dropped 2.09% in the last seven days, while ETH's price dipped 0.28% in the same period.

Additionally, as per the prediction from Bitnation, the BTC token is expected to reach a maximum price of $36,594.41 by the year-end, while the ETH token will likely trade around $2,792.22 at the same time.

Other top 10 crypto coins were bearish, with Binance Coin (BNB) down 1.15% to $322.37; Solana (SOL) down 1.81% to $31.67; Cardano (ADA) down 1.11% to $0.3952; Dogecoin (DOGE) down 5.33% to $0.1338; and Ripple (XRP) down 1.05% to $0.4564.

The top gainers included Litecoin (LTC), which rose 14.18% to $63.28; Filecoin (FIL), which was up 7.86% to $5.81; Arweave (AR), which was up 66.10% to $16.97; and Basic Attention Token (BAT), which was up 10.68% to $0.3285.

The top losers in the crypto market were Nexo (NEXO), which was down 3.97% to $0.9785; BitDAO (BIT), which slipped 3.23% to $0.4154; Chain (XCN), which was down 12.53% to $0.0542; and Shiba Inu (SHIB), which dropped 3.99% to $0.00001225.

Other popular tokens that were bullish included Polygon (MATIC), which jumped 11.02% to $0.9734; Polkadot (DOT) which was up 0.30% to $6.47; and Avalanche (AVAX) which went up 1.91% to $18.73.