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NOV 23, 2023

Cryptocurrency Market Report - November 23, 2023: Bitcoin and Major Cryptos See Varied Movements

by Liaison Leisure, BVoSwihF9oGRcoR6w2HmGqiKNwKXuf1Pw5XucvEGdSFk

On November 23, 2023, the cryptocurrency market displayed a mix of movements. While Bitcoin and major cryptocurrencies like Ethereum, Binance Coin, Cardano, and Solana experienced positive surges within 24 hours, their weekly performances varied. Some coins like XRP and Dogecoin saw improvements in daily movements but faced declines over the week. Stablecoins remained steady at the USD 1.00 level.
On Thursday, November 23, 2023, the crypto market showcased a blend of fluctuations across leading cryptocurrencies. Notably, a majority of top digital assets surged into the green zone once again.
According to insights from Coinmarketcap, Bitcoin (BTC), the crypto giant in market capitalization, bounced back with a 2.40 percent surge within 24 hours. However, its weekly performance witnessed a slight decline of 0.87 percent.
Presently, Bitcoin's price stands at USD 37,448. Ethereum (ETH) also demonstrated strength, marking a 5.46 percent increase over the past day and a 0.60 percent rise in the week.
Binance coin (BNB) also saw a resurgence, advancing by 2.16 percent in the last 24 hours despite a 6.60 percent decline over the week.
Cardano (ADA) rejoined the upward trend by surging 4.38 percent in the last 24 hours and 0.59 percent over the week.
Meanwhile, Solana (SOL) exhibited resilience with a 9.73 percent surge in a day, yet sustained an 11.60 percent weekly downturn.
XRP emerged back into the green, ascending by 4.02 percent within 24 hours, while facing a 5.46 percent dip for the week.
On the contrary, meme coin Dogecoin (DOGE) witnessed a 6.16 percent drop in the last day but managed to accumulate 0.80 percent gains throughout the week.
Stablecoins Tether (USDT) and USD coin (USDC) both experienced a marginal 0.01 percent strengthening, maintaining their stability at the USD 1.00 level.
Additionally, Binance USD (BUSD) observed a 0.01 percent increase in the last 24 hours, maintaining its price stability at USD 1.00.
As of today, the collective cryptocurrency market capitalization stands at USD 1.43 trillion.
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