Crypto token prices saw their support levels stay firm over the last two days, with BTC leading the momentum, trading over $36,000 in the last 24 hours.
Multiple crypto token prices displayed their strength as the weekend did not see any losses in the crypto market. Meanwhile, the bullish sentiments of the crypto market may be carried forward in the upcoming week. The crypto market trading range maintained a status quo, with the market cap hovering at the same level as earlier.
In the last 24 hours, SOL and ADA saw some of the biggest gains among major crypto tokens. SOL jumped by around 8%, while ADA saw a 6% price increase. Others like ETH, XRP, and BNB also saw some positive returns. Ethereum’s market cap was trading above $230 billion.
Currently, experts and analysts are expecting a support retest for BTC soon. Bitcoin could slide to $35,000 or even $33,000 if it occurs. Long-term investors may then start accumulating BTC to take it above its 18-month highs.
The euphoria around the crypto ETFs has stabilized after continuous speculations for a month. While US regulators’ decisions could come anytime soon, institutional investors may still drive the crypto rally till then. Global investment firms have applied for ETFs, indicating higher investors’ interest in BTC and other altcoins.
BTC/USD 1D price chart
Bitcoin is currently trading at around $36,600 on November 19, 2023, with BTC/USD trading higher by a margin of 1% in the last 24 hours. Bitcoin’s market cap is trading above $716 billion.
BTC/USD is trading higher than its 20-day EMA (35,191.48), as BTC’s 24-hour volume was at around $11 billion. The crypto market cap increased by around 0.64%, trading at $1.38 trillion.
Millionero will onboard you smoothly into crypto trading with its beginner-friendly interface and multiple features that are extremely useful. Join us today!