RESUME
Cryptocurrencies rallied on Friday. The global crypto market capitalization stood at nearly $810.7 billion, with volume of $28.9 billion in the last 24 hours.
Bitcoin | The world's largest and most popular virtual currency, Bitcoin, rose 0.1 percent to $16,872. Its market value stood at 323.5 billion dollars. Trade volume was $16.4 billion. The token is down 3.5 percent in the past seven days.
โBitcoin was stable in the last 24 hours after the US Q3 GDP data was released. Since November, the Bitcoin price has been fluctuating within the range of $16,500 to $17,000,โ Edul said. Patel, CEO and Co-Founder of Mudrex.
โFor the market to experience an uptrend, it is vital that BTC maintains its key level above $16,800. However, if the price falls below $16,500, bearish sentiment may return to the market,โ Patel added.
Ethereal | The second largest virtual currency, Ethererum or Ether, was up 0.9 percent at $1,224.8 with a market capitalization of $149.1 billion. Ethereum trading volume was $5.3 billion in the last 24 hours. The token is down 4.2 percent over the past seven days.
dogecoin | The meme-based virtual currency Dogecoin rose 5.7 percent on Friday. Its market value stood at 10.3 billion dollars. The commercial volume was 628.3 million dollars.
Solarium | Solana fell 0.7 percent to $12 with a market capitalization of $4.4 billion. Solana's trade volume was $194.2 million in the last 24 hours.
Shiba Inu | Shiba Inu fell 0.5 percent on a market capitalization of $4.4 billion. Trading volume was $97.5 million in the last 24 hours.
Polygon | Polygon rose 1.7 percent to $0.8 with a market capitalization of $7 billion. Trading volume was $198.6 million in the last 24 hours.