As a result of the outgoing week, the coins in the top 10 largest cryptocurrencies by market capitalization demonstrated positive dynamics, although not as explosive as the week before.
Bitcoin ($BTC ) continued to update record highs, moving them every few days. On the evening of November 19, 2024, according to CoinMarketCap, Bitcoin once again updated its absolute maximum value to $94,002. After that, the cryptocurrency corrected, but on November 21, it moved the ATH to $97,864. As a result, on November 22, BTC came close to the coveted mark of $100,000, but could not make the final jump. At the time of writing, the currency was trading, according to CoinMarketCap, around $96,500, with a weekly increase of 6.86%.
The rate of the native coin of the Ethereum blockchain ($ETH
), like BTC, ends the week with an increase of 7.51%. At the time of writing, the token was trading around $3,320. Technical analysts at BeInCrypto say that the bullish momentum is weakening. ETH needs to break the resistance at $3,997 to confirm the upward trend.
Cardano ($ADA ) turned out to be the leader in the top ten cryptocurrencies. This weekend, its price rose above $1 for the first time since 2022. At the time of writing, the token was trading, according to CoinMarketCap, around $0.9778 with a weekly increase of 34.52%.
Also this week, the attention of the crypto community was attracted by Solana (SOL). The fourth largest cryptocurrency by market capitalization updated its absolute maximum above the mark of $263. It took three years to reach the ATH. Now the price has pulled back below $247, but remains in the green zone within the week (+5.59%).