Sunday, November 29, 2020
Home XRP - Top 10 Cryptocurrencies see notable recovery gaining $15 billion

Cryptocurrencies see notable recovery gaining $15 billion

Here is what you need to know on Friday 25, September

BTC/USD is trading at $10,650 after a significant rebound in the past 24 hours regaining crucial support levels. 

ETH/USD bounced towards $346 following Bitcoin’s price action but remains weaker. Several indicators have presented strong buy signals in the short-term. 

XRP/USD continues trading at $0.23 and was not able to have a similar strong rebound like Bitcoin or Ethereum

Chart of the day: Crypto market capitalization


The crypto market had a notable rebound today gaining more than $15 billion back within just a few hours. Some of the biggest gainers include ChainLink with a 30% price surge and Bitcoin or Ethereum

We have recently seen a significant increase in exchange inflow which should mean there is increased selling pressure, however, it seems the market’s sentiment might be shifting towards the bulls again. 


Russian’s ministry of Finance is seeking to create stricter measures regarding cryptocurrencies. Russians would need to report their wallet balances to authorities. The law was already signed and will come into force January 2021. 

Similarly, over the counter traders will need to report all transactions to tax authorities. 

Popular Articles

Tron, Ontology, FTX Token Price Analysis: 29 November

Bitcoin’s dominance was holding steady at the time of writing, with the same noting a figure of 62.92%. While the altcoin market appeared to...

No, You Can’t Buy Shares in Bitcoin

With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO)....

Can RippleNet bridge ‘local CBDCs’ efficiently? This exec thinks so

With the crypto-market rally finally gathering steam over the past few months, many expect the likes of Ripple to take the next step forward....

Stellar Lumens, NEM, DigiByte Price Analysis: 29 November

NEM‘s strong performance over the past couple of weeks could see a setback after it formed a bearish reversal pattern on the charts, a...

Bitcoin’s (BTC) Positive Twitter Commentary is Near a 6-Month High

Quick take: Positive twitter comments related to Bitcoin are near a 6-month high The last time the sentiment was this high, was during the Bitcoin halving...