{"id":24228,"date":"2024-11-28T13:19:05","date_gmt":"2024-11-28T13:19:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=24228"},"modified":"2024-11-28T13:19:05","modified_gmt":"2024-11-28T13:19:05","slug":"bitcoin-btc-pushes-above-95k-again-ethereum-eth-taps-6-month-high-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=24228","title":{"rendered":"Bitcoin (BTC) Pushes Above $95K Again, Ethereum (ETH) Taps 6-Month High (Market Watch)"},"content":{"rendered":"

After underperforming for a few days, Bitcoin (BTC) returned on the green track, charting a substantial price increase on a 24-hour scale.<\/span><\/p>\n

Leading altcoins, including Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), and more, have also recorded significant gains.\u00a0<\/span><\/p>\n

BTC Goes on the Offensive Again<\/span><\/h2>\n

The primary cryptocurrency performed quite shaky towards the end of the weekend and the start of this week, with its valuation briefly plunging below $91,000 on November 26. However, the bulls stepped in in the past 24 hours, pushing BTC to as high as $97,300 (per CoinGecko\u2019s data).<\/span><\/p>\n

Shortly after, the price headed south again, reaching the current $95,300. <\/span>This represents a 2% <\/span>increase on a daily scale<\/span> and a solid 35% <\/span>rise on a monthly basis<\/span>.
\n<\/span><\/p>\n

<\/a>BTC Price, Source: CoinGecko<\/p>\n

BTC\u2019s latest resurgence <\/span>comes on the back of<\/span> increased US consumer spending and <\/span>inflation rate which<\/span> remains<\/span><\/a> above the Federal Reserve\u2019s target of 2%. It will be interesting to see the central <\/span>bank\u2019s reaction to that<\/span> development and whether it <\/span>will affect<\/span> the price of the leading digital asset.<\/span><\/p>\n

Meanwhile, BTC\u2019s market cap has risen to almost $1.9 trillion, while its dominance over the alternative coins is around 57%.<\/span><\/p>\n

ETH Leads the Altcoin Charge<\/span><\/h2>\n

Some well-known altcoins have witnessed even more substantial pumps than the market leader. Ethereum (ETH), for instance, <\/span>hit<\/span><\/a> a six-month high of almost $3,700 amid increased spot Ether ETF inflows in the United States.<\/span><\/p>\n

Binance Coin (BNB) and Cardano (ADA) are also among the gainers, registering 5% and 4% daily spikes. Other altcoins in green territory include Ripple (XRP), Shiba Inu (SHIB), Dogecoin (DOGE), and many more. Interestingly, Stellar (XLM), which has been among the frontrunners in the past several days, is one of the few seeing a minor decline today (November 28).<\/span><\/p>\n

The total market capitalization of the cryptocurrency sector currently stands at $3.46 trillion, representing a 1.5% jump from November 27.
\n<\/span><\/p>\n

<\/a>Cryptocurrency Market Review, Source: Quantify Crypto<\/p>\n

The post Bitcoin (BTC) Pushes Above $95K Again, Ethereum (ETH) Taps 6-Month High (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

After underperforming for a few days, Bitcoin (BTC) returned on the green track, charting a substantial price increase on a 24-hour scale. Leading altcoins, including Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), and more, have also recorded significant gains.\u00a0 BTC Goes on the Offensive Again The primary cryptocurrency performed quite shaky towards the […]<\/p>\n","protected":false},"author":0,"featured_media":24229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/24228"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24228"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/24228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/24229"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}