Thursday, November 29: the cryptocurrency markets came back after a slight jump on November 28th, with only some of the first twenty coins that recorded slight gains.
Viewing the Coin360 market
Bitcoin (BTC) is down 2.5% during the day, trading in a narrow corridor from $ 4,125 to $ 4,457 at its highest point today. At the time of printing, the main cryptocurrency is trading around $ 4,221.
In its weekly chart, BTC has lost more than 5%, while monthly losses are 5.15%, according to Cointelegraph's bitcoin price index.
Bitcoin 24-hour price chart. Source: CoinMarketCap
Even the second largest cryptocurrency by market capitalization Ripple (XRP) is down about 5 percent compared to the previous day and trades at $ 0.376 at the time of printing. The market capitalization of XRP is about $ 15 billion and its daily trading volume is about $ 654 million.
The weekly chart of the currency is also in red, almost 13% with a token that reaches a maximum of $ 0.435 and a minimum of $ 0.327 in the last 7 days.
7 days price chart ripple. Source: CoinMarketCap
Ethereum (ETH) also decreased by around 5% during the day and traded at around $ 117.99 at the time of printing. The third largest clutter in the cryptocurrency was $ 101.77, while the highest price was $ 131 on November 22nd. On the monthly chart, ETH is down more than 9%.
Weekly chart of the price of Ethereum. Source: CoinMarketCap
Among the top 20 coins by market capitalization, only TRON and Zcash are recording slight gains, up 1.8% and 5.35% and trading around $ 0.015 and $ 86 respectively at the time of printing. Today, November 29, the largest exchange of cryptocurrency in the United States, Coinbase announced that it has added support for Zcash on the Coinbase Pro platform.
EOS and Bitcoin Cash (BCH) show poor performance in the last 24 hours. EOS lost more than 11 percent of the day and trades around $ 2.96 at the time of printing. Altcoin failed to maintain its position in the fourth cryptocurrency by market capitalization after briefly exceeding BCH on 22 November.
The BCH fell more than 8% during the day and traded around $ 179.74. The highest price of the coin during the day was $ 198 with a minimum of $ 179.05.
The total market capitalization of all cryptocurrencies is about $ 136.8 billion from the time of the press, up from the minimum for the $ 115 intraweek on November 25th.
Meanwhile, the decentralized internet protocol TRON today announced its plans for the launch of a blockchain fund called TRON Arcade. The project will see investments of $ 100 million over the next three years.
The manufacturer of hardware portfolios Criptovaluta Ledger has updated the support of altcoin Monero (XMR) for his device Nano S. "With this addition, Ledger devices now cover 90% of the entire capitalization of the cryptographic market", said the CEO of the company, Eric Larchevêque.