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Reading: 17 November Cryptocurrency Markets Latest Situation
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EdaFace Newsfeed > Latest News > Crypto News > 17 November Cryptocurrency Markets Latest Situation
Crypto News

17 November Cryptocurrency Markets Latest Situation

vitalclick
Last updated: November 17, 2024 9:54 am
5 months ago
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Bitcoin (BTC) $91,403 price At the time of writing, fluctuation continues at $ 90,400 and altcoins. Although the risk appetite in cryptocurrencies has recovered after Trump’s victory, the continuous rise is not what we are used to in cryptocurrencies. That’s why some cryptocurrencies are experiencing withdrawals.

Bitcoin (BTC)Cryptocurrencies Latest Status

Bitcoin (BTC)

Since reaching its peak of $73,777 in March BTC price It had been below the key threshold for more than 2 quarters. Nearly 240 days later, this nightmare is over and BTC has reached its new peak above $93,000. Now, it is trying to move the top higher despite the profit taking at $ 92,000 by maintaining $ 86,580 as support.

Reaching the six-figure price target for Bitcoin is key. Investors who have been eagerly waiting for years to see a BTC price of 100 thousand dollars or more are now closer than ever. The steps taken by new President Trump, who will take office in January, may make more possible.

Cryptocurrencies Latest Status

The resignation of the SEC Chairman is approaching and this expectation XRP Coin price We mentioned that it would have positive effects on you. And XRP Coin started to linger above $1. Continuing the day with a 12 percent increase Ripple (XRP) $1 It exceeded $1.04. The fear and greed index across cryptocurrencies is at 83.

The total market value of cryptocurrencies exceeded 3 trillion dollars again and the transaction volume is 174 billion dollars. The volume, which decreased by 10 percent compared to yesterday, will probably return to its previous levels on Monday and Tuesday.

The altcoin, which marked the week among the 100 largest cryptocurrencies, also reminds us of the earnings rates of bull markets. PNUT Token increased by 1368% in the last 7 days. BONK is in second place and its weekly gain is 127%. OM, XLM, PEPE, XRP, BRETT, FLOKI, DOGE, HBAR are other cryptocurrencies that earn between 100% and 50%.

Are there people who lost value despite the rise in the markets? NEIRO, LDO, AAVE, FET, HNT, AERO lost 10% or more this week. NEIRO Coin fell by 25 percent.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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