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Monday 5 November 2018 – Cryptocurrency traders were greeted with a new vision of green cards that indicated the rise of cryptocurrency markets. The markets added $ 6 billion to the total market capitalization within 24 hours. On Sunday, the total capitalization of the cryptocurrency was $ 206 billion and is currently $ 212 billion.
Bitcoin Cash (BCH) was the first to exit the bear market by increasing by almost 15%. The hike of Bitcoin Cash is due to the new hardfork. Important exchanges such as Binance and Coinbase have announced support for Bitcoin Cash hardforks.
The price increase was soon followed by Litecoin, who broke the resistance $ 52 and $ 53 and touched $ 55. Litecoin was unable to beat the resistance of $ 55 and returned to $ 53.64 . But Litecoin still shows a strong uptrend.
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Ethereuem [ETH], XRP, Monero [XMR] and Tron [TRX] followed suit and increased in value as well. Ethereum and Monero were the best gainers among these four. Both Ethereum and Monero have increased by 4% +. On the other hand, TRON and XRP are showing strong bullish momentum. Both cryptocurrencies increase by 2.3% and 1.5%, respectively.
The biggest winner of the bull race is undoubtedly the Basic Attention Token (BAT) which is up 7% due to the price of Coinbase.
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