In today’s crypto news, we have two altcoins which are climbing while the rest of the market is correcting – including Bitcoin and its recent slid that put it even closer to the $4,000 margin. The total market capitalization has also fallen below the $130 billion mark and the total volume remains sluggish.
The only altcoins which shine bright this morning are Binance Coin (BNB) and NEM (XEM), both of which rising by 8% and 4% accordingly. The price of BNB is now at $5.51 while XEM is trading at $0.07.
Bitcoin bulls have failed to keep the most dominant cryptocurrency above the $4,000 margin. Overnight, Bitcoin dropped to a low of $3,840 but quickly recovered to the current price of $4,019.
Meanwhile, EOS is getting hit by a lot of red traction – recording a 10% dive to $2.58 as more centralization issues plague the project. Bitcoin Cash (BCH) is also collapsing, right after the announcement that it was the worst performing crypto in November, losing another 6% today.
Since last Tuesday, the markets have gained 4% but since the same time last month, they have been smashed by a devastating 38%.
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