Author: Content Editor
In a notable development, the crypto market rebounded on November 28, led by a 45.93% increase in the price of $ENS. This surge marked $ENS as the day's biggest winner, according to top crypto data provider Phoenix. However, the market also experienced significant liquidations, with Bitcoin ($BTC) seeing the highest amount at $75.07 million worth of positions being closed. Despite this, smaller tokens like $ENA, $PYTH, $BEAM, and $ETC saw significant gains, contributing to the market's improvement. The high liquidations of Bitcoin and Ethereum ($ETH) indicate ongoing pressure, but the increase in smaller tokens adds some balance to the situation. It remains to be seen whether these recent gains are sustainable, as the crypto market is characterized by volatility.