Green Zone: Top Cryptos Gain Momentum
After another collapse on the weekend and the first two days of the week, all the top cryptocurrencies moved into the green zone. Bitcoin holds above $4,000. The total capitalization of the cryptocurrency market grew by $17 billion.
At the weekend, another sharp price drop hit the market, during which BTC reached $3,600, and the market capitalization of cryptocurrencies decreased by $20 billion. In the first two working days of the week, the market failed to recover and the decline continued.
But on November 28, the top cryptocurrencies were able to recover a little from the fall and moved into the green zone. According to Coinmarketcap, during the day the BTC grew by 6.74% and at the time of publication, it is holding at $4,038.
XRP, the second cryptocurrency by market capitalization at the moment, grew by 7.31% and reached $0.373169. The price of Ethereum jumped by 7.31% and now holds about $115.
Bitcoin Cash, which recently split into two cryptocurrencies, continues to fall. Its price dropped by 0.90% to $ 182.99. Bitcoin SV – a main competitor of BCH - collapsed by 22.68%. Now the price of the coin stands at $86.27.
Since the weekend, the total market capitalization of cryptocurrency has grown by almost $17 billion to $130 billion.