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Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green
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Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green

Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green

Photo by CG on Unsplash

Following a multi-month downtrend, the overall cryptocurrency market may be showing signs of a trend reversal. At press time, Bitcoin and Ethereum prices have broken through key resistance levels and begun recovering from monthly lows.

Bitcoin Market Data

At the time of press 2:55 am UTC on Nov. 7, 2019, Bitcoin is ranked #1 by market cap and the price is up 10.14% over the past 24 hours. Bitcoin has a market capitalization of $126.13 billion with a 24-hour trading volume of $5.84 billion. Learn more about Bitcoin ›

Bitcoin

2:55 am UTC on Nov. 7, 2019

$7,352.63

10.14%
Crypto Market Summary

At the time of press 2:55 am UTC on Nov. 7, 2019, the total crypto market is valued at at $293.73 billion with a 24-hour volume of $17.85 billion. Bitcoin dominance is currently at 42.94%. Learn more about the crypto market ›

With growing adoption both commercially and publicly, the overall cryptocurrency market has increased $22 billion over the past 24 hours. The cryptocurrency market is still far from its peak capitalization of around $800 billion in December 2017, but signs of recovery may indicate a trend reversal.

Whether prices will reach or exceed their peaks is yet to be determined.ย Traders are reminded to remain cautious and invest only what they can afford to lose.

Ethereum Market Data

At the time of press 2:55 am UTC on Nov. 7, 2019, Ethereum is ranked #2 by market cap and the price is up 5.69% over the past 24 hours. Ethereum has a market capitalization of $50.75 billion with a 24-hour trading volume of $2.25 billion. Learn more about Ethereum ›

Ethereum

2:55 am UTC on Nov. 7, 2019

$503.74

5.69%
Crypto Market Summary

At the time of press 2:55 am UTC on Nov. 7, 2019, the total crypto market is valued at at $293.73 billion with a 24-hour volume of $17.85 billion. Bitcoin dominance is currently at 42.94%. Learn more about the crypto market ›

With growing adoption both commercially and publicly, the overall cryptocurrency market has increased $22 billion over the past 24 hours. The cryptocurrency market is still far from its peak capitalization of around $800 billion in December 2017, but signs of recovery may indicate a trend reversal.

Whether prices will reach or exceed their peaks is yet to be determined.ย Traders are reminded to remain cautious and invest only what they can afford to lose.