As of Monday, Bitcoin continues its bullish run, marking a 0.41% increase and reaching a value of $36,948. The weekend saw Bitcoin surge by $309, hitting its highest point this month and maintaining its positive momentum.
Crypto prices today: Bitcoin surpasses $37,000, majority of altcoins in green.#crypto $BTC $LTC $XRP $ETH $UNI $BCH $LINK $XLM $FIL $EOS $AAVE $ATOM $MKR $XTZ $ETC $ALGO $DASH $BNB $SOL $ADA $VET $THETA $TRX $SUI $LUNA $NEO $CAKE $REV $XEM $TEL $CRO $SHIB $RUNE #Binance #AVAX pic.twitter.com/AaanEH3hbt
— Dcryptolist Community (@dcryptolist) November 13, 2023
Ether, the second-largest cryptocurrency, joined the profit zone with a modest 0.15% gain, bringing its value to around $2,049.
Despite a slight dip of $66 over the weekend, Ethereum has demonstrated robust performance, particularly in comparison to BTC on weekly charts, holding a position above $2,000.
This resilience is attributed to factors like BlackRock’s spot ETF filing.
BTC’s recent gains mark the fourth consecutive week of growth, with an overall increase of over 40%. Investors are now setting their sights on the $40,000 level as the next significant milestone, fueled by growing expectations of spot ETFs.
A range of other cryptocurrencies exhibited positive movements on Monday, including Tether, Ripple, Cardano, Tron, Chainlink, Polygon, Polkadot, Avalanche, Litecoin, Shiba Inu, Bitcoin Cash, and Cosmos.
The global cryptocurrency market experienced a 0.45% increase in the last 24 hours, reaching a total capitalization of $1.42 trillion, according to CoinMarketCap on Monday.
The crypto fear and greed index mirror the market sentiment, standing at 72, indicating a mood of greed that is propelling market momentum. Despite the overall positive trend, a handful of cryptocurrencies, including Binance Coin, Solana, Dogecoin, Cronos, and Binance USD, experienced losses on Monday.
The cryptocurrency landscape continues to captivate investors and enthusiasts alike, with Bitcoin leading the charge and the broader market exhibiting a mix of positive movements and minor corrections.
