Has the Trend Reversed in the Cryptocurrency Market: Bitcoin Has Exceeded the $57,000 Price Levels!


Which recorded back-to-back value losses in November Bitcoin, Gained upward momentum in the early hours of November 29 and closed the week above the $57,000 price levels.

The Upward Momentum of Bitcoin

The leading cryptocurrency Bitcoin Along with the downward price movements it has recorded since the ATH levels it reached, it has broken down significant support levels and suffered high depreciation rates. After these declines, Bitcoin, which fell to the price levels of 53.300 dollars, consolidated at the price levels where it had been for a while. However, Bitcoin made an attack in the early hours of November 29 and gained upward momentum. The leading crypto currency, which is gaining upward momentum, has started trading at the price levels of $ 57,200 with the value increases it has recorded.

Ethereum Has Exceeded $ 4,300

Ethereum, which declined from the price levels of 4.800 dollars to the price levels of 4.000 dollars with the downward price movements recorded by the crypto currency market in November, managed to maintain critical support levels, although it lost some value in the process. Ethereum, like the leading crypto currency, began to record value increases, gaining upward momentum earlier in the day.  It is the second largest crypto asset of the ecosystem in terms of market value Ethereum, it has risen from the $4,000 price levels to the $4,330 price levels.

The Market Is On The Rise

CoinMarketCap according to their data, Binance Coin (BNB) has risen to 609 dollar price levels, Solana (SOL) has risen to 203 dollar price levels and Cardano (ADA) has risen to 1.58 dollar price levels with the value increases they have recorded in the last 24 hours. The Sandbox, on the other hand, ranked first dec the “CoinMarketCap’s market value list of the top 100 crypto currencies that have risen the most in the last 24 hours” with a value increase of 25%.

The information contained in this article absolutely does not contain investment advice. Investors should know that crypto currencies have high volatility, so they carry risks, and they should conduct their transactions in accordance with their own research.

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