CandleFocus Bitcoin (BTC) Consolidates at $93K, Altcoins Try to Break Out (Market Watch)
2024-11-27
Author: Content Editor
Bitcoin (BTC) has stabilized around $93,000 after a recent downtrend, while several alternative coins, such as Stellar (XLM), Avalanche (AVAX), and Cardano (ADA), have experienced price increases. Despite a pullback in the past few days, Bitcoin's market dominance over altcoins remains above 57%. Ripple's XRP has also seen a modest rally in the last month. Other notable altcoins, including Ethereum (ETH), Tron (TRX), Polkadot (DOT), Shiba Inu (SHIB), and Litecoin (LTC), have also shown mild price increases. The total market capitalization of the crypto sector currently stands at $3.36 trillion, representing a 1% drop from November 26.
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