RATE Group | Crypto Markets Come Back Down After Slight Jump Yesterday
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Crypto Markets Come Back Down After Slight Jump Yesterday

30 Nov Crypto Markets Come Back Down After Slight Jump Yesterday

Posted at 02:25h in Bitcoin News by

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Thursday, Nov. 29: cryptocurrency markets have come back down after a slight jump yesterday Nov. 28, with just a few of the top twenty coins seeing mild gains.

Market visualization by Coin360Market visualization by Coin360

Bitcoin (BTC) is down 2.5 percent on the day, trading in a narrow corridor from $4,125 to $4,457 at its highest point today. As of press time, the major cryptocurrency is trading around $4,221.

On its weekly chart, BTC has dropped over 5 percent, while its monthly losses are 5.15 percent, according to Cointelegraph’s Bitcoin Price Index.

Bitcoin 24-hour price chart. Source: CoinMarketCap

Bitcoin 24-hour price chart. Source: CoinMarketCap

The second largest cryptocurrency by market capitalization Ripple (XRP) is also down around 5 percent over the past day and is trading at $0.376 at press time. XRP’s market cap is around $15 billion, and its daily trading volume is around $654 million.

The coin’s weekly chart is also in the red, down almost 13 percent with the token reaching a high of $0.435 and a low of $0.327 over the past 7 days.

Ripple 7-day price chart. Source: CoinMarketCap

Ripple…

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