Price analysis of cryptocurrency: the cryptocurrency market sells green on the first day of December with BTC taking the lead

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November was tough for cryptocurrencies. The prices of all cryptocurrencies were struggling against the USD. The saga began when the war began with Bitcoin Cash Fork and the value of BTC dropped from $ 6,000 to $ 3,300 in a few days. Towards the end of the month, however, a price recovery was attempted. This time, Bitcoin was able to go from $ 4000 to $ 4300. Although the price later fell, it was able to stay above the $ 4000 support.

December could be a good month for cryptocurrencies

Yesterday, the price of Bitcoin and other cryptocurrencies reported significant gains over the USD. Bitcoin has peaked over $ 4,202 bringing the entire cryptocurrency market along. This could be a good thing since all the top 20 coins are trading against the dollar in green. BTC is up 4.5% in 24 hours and down 9% in the week. At this time, BTC is trading at $ 4,130.54. This means that it is up 3.49% from the US dollar with a trading volume of $ 5,383,030,731 and a market capitalization of $ 71,883,385.190.

Bitcoin (BTC) Price today – BTC / USD

The XRP (XRP) rose 3% yesterday traded at $ 0.37 at the time of printing. In the space of seven days, XRP is down 7%. At present, the second largest cryptocurrency by market capitalization is trading at $ 0.370068. This shows that it is up 3.02% against the US dollar and down 1.15% compared to Bitcoin. The trading volume over a 24-hour period is $ 407.787.128 and the market capitalization is $ 14.923.876.077.

Price XRP (XRP) today – XRP / USD

NEM (XEM) and Tron (TRX) are recording the highest earnings among the top 20 coins on CoinMarketCapital's list of cryptocurrencies. As the eleventh coin on the list, Tron rose 6.5% at yesterday's press. During the week it increased by 11%. At the time of writing, it was trading at $ 0.014925. This shows that it was up 5.9% from the US dollar and up 1.36% from BTC. The trading volume over a 24-hour period is $ 87.444.366 and the market capitalization is $ 987.159.596. NEM, on the other hand, rose 7% yesterday. Over a period of 7 days, it increased by 5%.

TRON (TRX) Price today – TRX / USD

The entire market capitalization increased yesterday. Two days ago, he was sitting around $ 129 billion, but yesterday he was as high as $ 137 billion. Total trading volume has been relatively stable around $ 16 million all day long. The next trading sessions will determine whether the price action will remain positive against the USD or not.

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