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Crypto Market Slowly Raising Its Head, Bitcoin Going Green With Some Other Coins

  • Yuri Molchan
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    Over the last two days, the market has been going through a carnage as Bitcoin dropped below $4,300; now there seems to be a break


Crypto Market Slowly Raising Its Head, Bitcoin Going Green With Some Other Coins
Contents

On Saturday, November 24, the sun seems to have risen above the crypto market, letting many of the top-100 list go green. However, only a few coins from the top-10 club have shown a price increase.

Top-10 gainers so far

Bitcoin (BTC) is now trading at $4,340, showing a mild rise by 0.12 percent. Its 24-hour market volume is currently $4 191 707 844.

Bitcoin Cash (BCH) is currently holding at the price of $205.5 after a 1.65 percent rise. Many believe that the major cause of the market’s steep decline has been the recent hard fork of the coin that split into two different camps and assets: BCHABC and BCHSV. The former seems to be winning so far, having obtained the support of most major mining pools, including Bitmain’s BTC.com and Roger Ver’s Bitcoin.com. The current trading volume of the asset is $104 653 265.

However, just a few hours ago, the rise was bigger: 3.06 percent, as well as the price - $206.25.

The biggest BCH trading activity is taking place on Upbit; the total BCH trading volume there is $27.5 mln. In second place is Binance, with its BCH trading volume slightly over $10 mln.

Tether (USDT) has also demonstrated a mild gain, rising 0.06 percent. The coin is presently going for $0.98 per unit.

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Monero (XMR) has gained 1.34 percent; the current price is $66.34. Earlier today, though, the increase amounted to 3.03 percent. The current trading volume within 24 hours equals $13 657 171, and the market capitalization volume is $1 100 848 673.

The biggest part of XMR trading is currently done by Bithumb ($80.227 mln). It is followed by Binance, where XMR trading volume amounts to $1.982 mln.

Top-20 gainers

Tron (TRX). Even though this coin is currently not part of the top-10 list, the team headed by Justin Sun is doing their best to get TRX there, and in the summer they did succeed for a short while. The coin is currently selling at $0.0137 after a 0.61 percent gain.

The most recent Tron news has been that Kobe Bryant, an ex-NBA star, is going to make a speech at the niTron DLT event hosted by the Tron Foundation. The major trading volume of TRX is currently done on OKEx and Binance.

The other gainers from the top-20 list include IOTA, NEO, Zcash, and Bitcoin Gold.

Cover image via cryptocomes.com
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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