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Home / Business / Crypto markets showing signs of recovery, while BTC boasts over $ 8500

Crypto markets showing signs of recovery, while BTC boasts over $ 8500



Sunday, November 17 – Crypto markets show mild signs of recovery, while Bitcoin (BTC) stumbles across the $ 8,500 price tag.

  Daily overview of the Cryptocurrency market. Source: Coin360

Daily overview of the Cryptocurrency market. Source: Coin360

For the better part of the day, the world's largest cryptocurrency has traded in a tight range between $ 8,500 and $ 8,600, while slowly finding its way to the $ 8,700 price tag in recent hours. Bitcoin currently trades at a price of $ 8,51

5, showing limited gains of 0.32% per day.

  Bitcoin price chart for day. Source: Coin360

Bitcoin daily price table. Source: Coin360

Soak slowly to $ 800 possible?

On Friday, Bitcoin attempted to break the $ 9,000 price level, but was quickly rejected and brought back to lower levels below $ 8,600, where it remained for the entire weekend. [19659009] Cointelegraph contributor Michaël van de Poppe is still positive about the return on overall bullish sentiment, but would like to "see a tick to like $ 8,800 to confirm a small trend reversal (as scenario)," and add :

This slow bleeding can accelerate to $ 8,200 as the next level. sentiment; fear. Obviously. ”

Ether (ETH) today sits near $ 183 per coin. The all-time number one continues to trade in perfect sync with BTC, showing upward behavior leading to its current trading position, up 0.73% on the day.

  Ether 7 day price chart. Source: Coin360 "src =" https://s3.cointelegraph.com/storage/uploads/view/7a9f0220c7ff60149c22a3d28a792edb.png "title =" Ether 7 day price chart. Source: Coin360 "/> </p>
<p dir= Ether 7-day price table. Source: Coin360

XRP, the third largest coin by market value, has consistently lost ground in recent days. However, it is included in the trend of smaller recovery with gains on XRP currently sits at $ 0.261 per coin.

  XRP 7-day price drawing. Uploads / view / 61a836e30f70970d58622f429516d075.png

XRP 7-day price table. ] Top 20 Shows Mostly Green Candlesticks

Most of the top 20 coins show green candlesticks, with Maker (MKR) taking the absolute lead and showing a gain of more than 7% per day. Cardano (ADA) follows second place, growing more than 4% a day to trade at $ 0.046 per coin.

Most of the other top 20 coins show moderate gains up to 2% per day, with the exception of Chainlink (LINK), which is down almost 3%.

The total cryptocurrency market is at t $ 237.8 billion, and Bitcoin makes up 65.65% of the total.

Keep track of the best real-time crypto markets here [19659022] windows.fbAsyncInit = function () {FB.init ({appId: & # 39; 1922752334671725 & # 39 ;, xfbml: true, version: & # 39; v2 .9 & # 39;}); FB.AppEvents.logPageView (); }; for (function (d, s, id) {var js, fjs = d.getElementsByTagName (s) [0]; if (d.getElementById (id)) {return;} js = d.createElement (s); js.id = id; js.src = "http://connect.facebook.net/en_US/sdk.js"; js.async = true; fjs.parentNode.insertBefore (js, fjs);} {document, & # 39; script & # 39 ;, & # 39; Facebook-jssdk & # 39;));
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