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%.