RATE Group | Bitcoin refreshes $9,500 while Stellar skyrockets by 20%
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Bitcoin refreshes $9,500 while Stellar skyrockets by 20%

05 Nov Bitcoin refreshes $9,500 while Stellar skyrockets by 20%

Posted at 05:36h in Cryptocurrency News by

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  • Bitcoin stepped above $9,500 before adjusting to the current value of $9,428.
  • Stellar is holding the Meridian Conference on blockchain in Mexico.

The digital asset market is mixed red and green on Tuesday at the beginning of the European session. Among the assets in the green are Stellar (XLM) which has jaw-dropping gain, Bitcoin (BTC), Ripple (XRP), Litecoin (LTC) and Monero (XMR) among others.

The entire crypto market capitalization has experienced a minor increase from $249 billion on November 4 to $252 billion at the time of writing. The trading volume also spiked to $90 billion from $80 billion in the same period. The increase is connected to the shallow recovery witnessed across the board but mainly led by Stellar and Bitcoin.

Bitcoin market update

Bitcoin finally broke above the descending triangle in a bid to push towards $10,000. The price hit levels past $9,500 but stalled at $9,589 (weekly high). BTC has since adjusted to $9,428 (current market…

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