Crypto Market – November 23, 2022

Bitcoin’s price stays over $16,000 despite following stock markets upward. Since the FTX crash, crypto markets have been under a lot of pressure, but on Wednesday, they are trading in the positive.

Bitcoin went up by 4% to settle over the psychologically important level of $16,000, while Ethereum went up by 5% but stayed below the $1,200 barrier.

  • Market Cap: $1,099,050,125,507.71
  • 24h Vol: $57,232,662,279.87
  • BTC Dominance: 37.13%

The worldwide cryptocurrency market value is $866 billion, down 5.99% in 24 hours and -68.35% in a year. Bitcoin’s market value is $319 billion, reflecting 36.84% dominance. Stablecoins’ market size is $144 billion, or 16.68% of the overall crypto market cap.

All major cryptocurrencies were trading higher at the time of writing. Litecoin’s 26% increase was the most of any cryptocurrency. While Solana and Dogecoin both increased by 11%, Polygon dropped by 7% and recovered by 5.34%.

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