Crypto Currency News
Bitcoin
$23,216.05
+304.11
Ethereum
$1,676.34
+44.03
Litecoin
$102.33
+3.47
DigitalCash
$66.14
+2.72
Monero
$165.85
-0.85
Nxt
$0.01
0
Ethereum Classic
$23.00
+0.6
Dogecoin
$0.09
0

Bitcoin creeping up on $17k while Ethereum also making strides

Wednesday 30 November 2022 11:48 am

Bitcoin was trading around $16,880 this morning after briefly breaching $17,000 in the early hours, adding 2.31% to its price from yesterday.

Ethereum was also quick out the gates today, trading up 4.40% at $1,265. This means that Ethereum is trading 8.9% higher than this time last week.

Trading momentum in the third-gen crypto markets seems to have slowed somewhat, with Cardano trading flat at $0.3141 and Solana down 0.21%, changing hands for $13.67.

As for the wider market, it’s all eyes on Fed Chair Jerome Powell, today. Investors will be listening closely for any hints about future interest rate hikes in Powell’s address on the future outlook for the US economy.

Yesterday’s Crypto AM Daily in association with Luno

In the markets

The Bitcoin economy

*Data can be found at https://terminal.bytetree.com/

Total crypto market cap

The total capitalization of the entire cryptocurrency market at the time of writing is currently $853.169 billion.

What Bitcoin did yesterday

We closed yesterday, November 29 2022, at a price of $16,444.98. The daily high yesterday was $16,522.26and the daily low was $16,139.40.

Bitcoin market capitalization

Bitcoin’s market capitalization at time of writing is $324.32 billion. To put it into context, the market cap of gold is $11.708 trillion and Tesla is $562.56 billion.

bitcoin volume

The total spot trading volume reported by all exchanges over the last 24 hours was $25,050 billion. High volumes can indicate that a significant price movement has stronger support and is more likely to be sustained.

volatility

The price volatility of Bitcoin over the last 30 days is 52.51%.

Fear and Greed Index

Market sentiment today is 29in fear.

Bitcoin’s market dominance

Bitcoin’s market dominance today is 40.13. Its lowest ever recorded dominance was 37.09 on January 1 2018.

Relative Strength Index (RSI)

The daily RSI is currently 41.67. Values ​​of 70 or above indicate that an asset is becoming overbought and may be primed for a trend reversal or experience a correction in price – an RSI reading of 30 or below indicates an oversold or undervalued condition.

Convince your Nan: Soundbite of the day

“Bitcoin will take care of you if you take care of your Bitcoin.”

John Carvalho, CEO at Synonym

What they said yesterday

Wise man…

Like lightning…

BTC brings the heat…

Would you like to help spread the adoption and education of Bitcoin in the UK and even stack some Sats while you’re doing it? Well, now you can!

the Bitcoin Pioneers community, backed by Barry Silbert’s Digital Currency Group, was created to introduce Bitcoin to a mainstream audience in a meaningful way and now has members right across the UK.

We share tips, stories and ideas on how to encourage others to try Bitcoin for the first time. And, thanks to support from Luno, each Pioneer gets £500 of Bitcoin a month to share with beginners, helping them get started.

So, if you’re passionate about Bitcoin, why not join today? Click here to find out more!

All feedback on Crypto AM Daily in association with Luno is welcome via email to James.Bowater@cityam.com 🙏🏻

This image has an empty alt attribute;  its file name is ntaQWeEvef6G8VoqMfxsY8kw-y3Zq-b144bSj_EJhPIgANZBbAEj53YXnfTLoIVXA7jjKdiSa1apbwWDCm9nnHxOrxQ_wLHUX9zaN652LiGbgzaURPs7wcxfh6cWedsBD1dh4U42=s0

Crypto AM: Editor’s picks

Three-in-four wealth managers are gearing up for more cryptocurrency exposure

This image has an empty alt attribute;  its file name is bitcoin-gd34f8a137_1920.jpg

Crypto.com granted FCA license to operate in UK

This image has an empty alt attribute;  its file name is 292439278_5254570434635344_4426974130751420662_n-1.png

Q&A with Duncan Coutts, Principal Technical Architect at IO Global

This image has an empty alt attribute;  its file name is Duncan-Coutts-1.png

Jamie Bartlett – on the trail of the missing ‘Cryptoqueen’

This image has an empty alt attribute;  its file name is Jamie-Bartlett-Author-Image-Credit-Pelle-Sjoden-landscape.png

MPs are falling silently over the potential of cryptocurrency

This image has an empty alt attribute;  its file name is london-ga81f97458_1920.jpg

Erica’s ‘Crypto Wars’ handed honors in Business Book Awards

This image has an empty alt attribute;  its file name is erica-1.jpeg

‘Let people invest’: Matt Hancock makes case for liberal crypto rules

This image has an empty alt attribute;  its file name is 1e0f0286-961c-4ff6-a588-33a7ef238c52-1.jpg

Explained: Why the Treasury is so sold on stablecoins

This image has an empty alt attribute;  its file name is GettyImages-1016927674.jpg

Fears crypto is used to avoid sanctions ‘misplaced,’ says Matt Hancock

This image has an empty alt attribute;  its file name is Hancock-1.jpg

The cryptocurrency fundraisers behind Ukraine’s military effort

This image has an empty alt attribute;  its file name is marching-g9415e9e86_1920.jpg



Crypto crazy couple name baby after favorite digital asset

Cryptocurrency-loving parents Bruno Karno and his wife Agatha have named their first-born Cardano in honor of their favorite crypto.



Crypto AM: Features

Crypto AM: Founders Series

This image has an empty alt attribute;  its file name is GettyImages-1169704211.jpghttps://www.cityam.com/profile/crypto-am-founders-series/

Crypto AM: Industry Voices

Changpeng 'CZ' Zhao, CEO of Binance

Crypto AM: Contributors

Crypto AM: In Conversation with James Bowater

Charles Hoskinson and James Bowater landscape

Crypto AM: Tomorrow’s Money with Gavin S Brown

Tomorrow's Money with Gavin S Brown

Crypto AM: Mixing in the Metaverse with Dr Chris Kacher

Dr Chris Kacher Mixing in the Metaverse

Crypto AM: Visions of the Future, Past & Present with Alex Lightman

Alex Lightman Visions of the future, past and present

Crypto AM: Tiptoe through the Crypto with Monty Munford

Monty Munford robbed out header

Crypto AM: Taking a Byte out of Digital Assets with Jonny Fry

Jonny Fry Taking a Byte out of Digital Assets

Crypto on the catwalk

Stefania Barbaglio Crypto on the Catwalk

Crypto AM: Events

For those of you who missed the Crypto AM DeFi & Digital Inclusion online summit 2021 – you can now watch the event in two parts via YouTube

part one

https://www.youtube.com/watch?v=dvqNMNZTIDE

part two

https://www.youtube.com/watch?v=WXhX_-Tr5j0

Cautionary Notes

It’s definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. City AM, Crypto AM and Luno always advise you to obtain your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 08:00 BST

Similar tagged content:

sections

Categories

Comments are closed.