Results of the week: the community started talking about the problems of DCG, and Binance allocated $1 billion to the industry recovery fund

There have been rumors in the community about the problems of the Digital Currency Group, Binance has allocated $1 billion to restore the Web3 industry fund, the court has extended the arrest of the Tornado Cash developer and other events in the coming weeks.

Bitcoin Price Climbs Above $16,500

Since November 21st, bitcoin quotes have been moving in a narrow range of $15,470-16,800. At the time of writing, the first cryptocurrency is trading around $16,570.

During the observed period, the majority of digital assets from the top 10 by capitalization occurred in the “red zone of observation”. However, some of them have significant significant dynamics: the price of Dogecoin rose by almost 24%, BNB Coin quotes added 15%, XRP - 5%.
The total capitalization of the cryptocurrency market has increased to $880 billion. The Bitcoin Dominance Index dropped to 36.2%.


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