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Bitcoin is on the verge of $65,000 and altcoins are strong

Posted on November 13, 2022 by admin

Bitcoin is on the verge of $65,000 and altcoins are strong

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Answer Bitcoin is on the verge of $65,000 and altcoins are strong

It took exactly a month, for Bitcoin to finally break through its all-time high yesterday.

Since then the coin has not looked back.

On the other hand, the dominance of Bitcoin continued to decline as most cryptocurrencies rose further, as Ethereum touched the $2,400 level and XRP closed near $2.

Bitcoin is on the verge of 65 thousand dollars:

It appears that the major cryptocurrency has been stuck below $60,000 for a while.

Most of the attempts to break through it were met with a violent refusal to push its price to the south.

But the situation changed in the past few days as Bitcoin finally regained its momentum.

Read:Here’s Who Caused Bitcoin to Fall Below $22,000!

After standing above the $60,000 level for a day or two, the crypto community is speculating when the next stage will arrive, with the coin moving to new highs above $61,800.

Which is what actually happened yesterday, when the bitcoin finally managed to break the previous record ($ 61,800), which took almost a month to be broken by bitcoin.

Bitcoin soared above the previous record and continued to head north.

The cryptocurrency set a new record at over $64,758 in the past few hours but it didn’t stop there.

Just a few hours ago, Bitcoin reached its most recent all-time high of $65,000 (on the trading platform Bitstamp).

Naturally, this astounding performance affected the market capitalization of Bitcoin, which has set its own record of over $1.2 trillion.

But bitcoin’s dominance in the market fell to 53.4% ​​as altcoins got tighter in the green.

Ethereum towards $2400, XRP to $2 and Dogecoin above 0.10:

As mentioned above, most altcoins are dominated by green.

Source: Quantify Crypto

Ethereum leads the altcoin scene in terms of total market capitalization, ETH is up 10.25% in the last 24 hours, and is slowly getting closer to breaking the earlier recorded high at $2,400.

Read:Decentralized trading platforms explode in January 2021, setting a new trading volume record

Ripple is up more than 17% and is also approaching a record high of $2, a new 3-year high.

Read:The founder of “Terra” comments about the current state of the cryptocurrency market… Find out what he said!

The ADA cryptocurrency also set a new record, after a 15% increase, bringing its value to more than $1.5.

The currency that outperforms all other cryptocurrencies weekly is DOGE, which is currently worth $0.14, which is a new record.

The rises in most cryptocurrencies made the total market capitalization of the crypto market Reach to a new record of $2.259 trillion.

With this new record level, it can be said that the market value of cryptocurrencies has exceeded the market value of the most valuable company in the world – Apple.

Read also:

Bitcoin Arab announces the Ramadan competition and its details

Top 3 Cryptocurrencies to Watch This Week


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