The Latest Situation in the Crypto Currency Market: Bitcoin Has Fallen to the Price Levels of 56.000 Dollars!


Along with the downward price movements recorded in November, the price levels of the 53.300 dollar declined to Bitcoin, Gaining upward momentum on November 29, approaching the $59,000 price levels. Ethereum, on the other hand, reached the price levels of 4.500 dollars after the value increases it realized.

Bitcoin (BTC)

The leading cryptocurrency is Bitcoin, CoinMarketCap according to its data, in the early hours of November 29, the upward price movements began to record, rising to the price levels of $ 58,700 and approaching the critical $ 60,000 resistance level. Bitcoin, which was trading at the price levels of 58.700 dollars, recorded a slight correction movement and retreated to the price levels of 56.150 dollars.

Later on November 29, Michael Saylor, the CEO of MicroStrategy, announced that the company had purchased an additional 7,002 BTC. With the latest purchase, the number of Bitcoins that MicroStrategy has in its portfolio has exceeded 120,000.

I ethereu (ETH)

It is the second largest crypto asset of the ecosystem in terms of market value Ethereum however, along with the value increases it recorded, it rose from the 4.000 dollar price levels to the 4.500 dollar price levels. However, Ethereum faced significant selling pressure after approaching the $4,500 resistance level and retreated somewhat, registering a low-rate correction movement. After the last correction movement it recorded, Ethereum began trading at the 4.380 dollar price levels.

The Latest Situation in the Market

According to CoinMarketCap data, Binance Coin (BNB) started trading at $609, Solana (SOL) at $204, Cardano (ADA) at $1.56, Ripple (XRP) at $0.98, Polkadot (DOT) at $35 and Avalanche (AVAX) at $115, according to the latest price movements they recorded.

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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