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CV Market Watch™: Weekly Trading Overview (23-30 November)

Published 11/30/2018, 12:08 PM
Updated 11/30/2018, 01:21 PM
 CV Market Watch™: Weekly Trading Overview (23-30 November)
BTC/USD
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XRP/USD
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BCH/USD
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Bitcoin (BTC) remains shaky, although closer to the $4,000 level, after reaching a short-term bottom around $3,500. The past week saw an extremely successful day, taking assets up more than 15% across the board. However, the market sentiment remains shaky, and many altcoins hover near the levels from before last fall’s rally.

Stellar (XLM) “Flippens” Bitcoin Cash (BCH), Achieves a Higher Ranking to Date

Bitcoin (BTC) traded at $4,046.49, suddenly dropping from nearly $4,300 as of 7:00 UTC on Friday. Ahead of the weekend, the leading coin still dominates 53.7% of the entire market cap of all digital assets, but the weekend will see BTC once again defending the $4,000 level.

The slide in prices once again coincides with Tether (USDT) trading dominating and expanding to more than 61% of all BTC deals. The sentiment around BTC remains shaky, as traders seek a safe haven with stablecoins.

Zcash (ZEC) Price Jumps on Coinbase Pro Listing

XRP (XRP) kept its position for another week, sliding to $0.36, and down $0...


This article appeared first on Cryptovest

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