Logo
Cardano Ecosystem

DeFi-Planet

11/30/2022

·

415 views


As the Crypto Market Recovers, Bitcoin, Ethereum, and Other Altcoins Gain Momentum

The world’s most widely used digital tokens, Bitcoin (BTC) and Ethereum (ETH) are trading with notable gains. Most altcoins are also witnessing an increase in trading volume. As a result, there are currently...

As the Crypto Market Recovers, Bitcoin, Ethereum, and Other Altcoins Gain Momentum

The world’s most widely used digital tokens, Bitcoin (BTC) and Ethereum (ETH) are trading with notable gains. Most altcoins are also witnessing an increase in trading volume. As a result, there are currently bullish gains in the cryptocurrency market today. 

After falling as low as $15,500 in the previous week, Bitcoin appears to be regaining up to $1,000 this week. Bitcoin is currently trading at $16,799 with a $322.8 billion market cap. 

source: coinmarketcap.com

However, the second-largest cryptocurrency, Ether (ETH), which is native to the Ethereum blockchain, also increased in value over the past 24 hours, rising 4.14% in market cap and trading at $1,265. With a drop from over $1,600 to around $1,100, Ethereum was one of the most impacted altcoins in the aftermath of the FTX scandal.

source: coinmarketcap.com

In the meantime, the price of Dogecoin (DOGE) today is $0.104, while Shiba Inu (SHIB) is trading at $0.0000093.

The performance of other cryptocurrencies, including Avalanche (AVAX), Polkadot (DOT), Uniswap (UNI), Polygon (MATIC), Cardano (ADA), and Litecoin (LTC), also improved over the past 24 hours.

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence. 

If you would like to read more market analysis like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Give it a try. You can unsubscribe at any time.

AD

Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us


Read Original Article on DeFi-Planet

ORIGINAL SOURCE

https://defi-planet.com/2022/11/as-the-c...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from DeFi-Planet

See more
Inflationary vs. Deflationary Tokens: Which Drives Long-Term Value Creation?
DeFi-Planet
Inflationary vs. Deflationary Tokens: Which Drives Long-Term Value Creation?

09/20/2025

·

15 views

Related News

See more
Voting for Us - Catalyst Fund 14

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)