Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The cryptocurrency market cap saw net inflows of $15.72 billion over the last 24 hours and currently stands at $852.9 billion from $837.18 billion — up 1.89% over the reporting period.
Bitcoin and Ethereum’s market cap increased by 2.32% and 4.17% to $324.54 billion and $155.13 billion, respectively.
All top 10 cryptocurrencies posted gains over the reporting period except for Binance Coin (BNB), which recorded a loss of 0.77%. BTC and ETH gained 2.31% and 4.17%, respectively.
Source: CryptoSlate
Over the reporting period, USD Coin’s (USDC) and BinanceUSD’s (BUSD) market cap decreased to $43.28 billion and $22.17 billion, respectively. Meanwhile, Tether’s (USDT) market cap slightly increased to $65.35 billion.
Bitcoin
Over the reporting period, Bitcoin gained 2.31% to trade at $16,881 as of 07:00 ET. Its market dominance increased to 38.1% from 37.9% over the reporting period.
During the last 24 hours, Bitcoin briefly traded above $17,000 around 21:00 UTC before retracing to its current levels. The flagship digital asset bottomed at around $16,366.
BTC 24-Hour Price Performance (Source: Tradingview)
Ethereum
ETH posted 4.17% gains over the last 24 hours to trade at $1,267 as of 07:00 ET. As a result, its market dominance increased to 18.2 from 17.8% over the reporting period.
Ethereum’s price action mostly mirrored Bitcoin. ETH printed a giant green candle around 19:00 UTC, pushing its value to as high as $1,276 before retracing to its current level.
ETH 24-Hour Price Performance (Source: Tradingview)
Top 5 Gainers
Icon
ICX is the day’s biggest gainer, growing by 23.7% over the last 24 hours to $0.209 as of press time. The token has grown by over 24% in the last seven days. Its market cap stood at $192.38 million.
Symbol
XYM grew 15.67% over the reporting period to $0.036. Its market cap stood at $202.88 million.
Kyber Network
KNC saw 15.08% gains in the last 24 hours to trade at $0.72 as of press time. The DeFi token has grown by 20.92% over the last seven days. Its market cap stood at $118.39 million.
Fantom
FTM is one of the day’s biggest gainers. The layer1 blockchain network native token increased by 12.53% in the last 24 hours to $0.24 as of press time. Its market cap stood at $617.05 million
Telcoin
TEL is on the top gainer’s list for the second consecutive day. It rose by 11.22% over the reporting period to $0.0029. Its market cap stood at $189.59 million.
Top 5 Losers
HI
HI is the day’s biggest loser, shedding 6.77% of its value to trade at $0.03080 as of press time. The Ethereum-based token has been on a downward trend in the past 30 days, losing over 37% of its value. Its market cap stood at $89.27 million.
Ren
REN lost 5.92% of its value over the reporting period to trade at $0.10479 as of press time. Its market cap stood at $104.68 million.
Hashflow
HFT lost the gain’s it made on Nov. 28. The DEX token fell 5.46% in the last 24 hours to $0.54. Its market cap stood at $88.69 million.
Secret
SCRT plunged by 3.95% to $0.79. The privacy-focused token had seen over 14% gains in the last seven days. Its market cap stood at $129.62 million.
Link
LN is among the day’s biggest losers for the second consecutive day. The token decreased by 3.8% in the last 24 hours to $23.43. Its market cap stood at $146.51 million.
The post CryptoSlate Daily wMarket Update – Nov. 29: Bitcoin briefly trades above $17K as market rally continues appeared first on CryptoSlate.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.