Bitcoin Price and Trading Report: November 24th - Mine Digital
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Bitcoin Price and Trading Report: November 24th

November 24, 2020 • 
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Bitcoin Price
Bitcoin is trading sideways as alts have taken over for the most past. Digital asset markets have had a great run but can they continue?

Morning Traders,

Markets were a mixed bag overnight with bids in some equities, a reversal in USD signalling it is happy to take its time in a crowded trade (to go lower), oil was higher and cryptocurrencies also traded higher.

The Trump team has allowed the transition process to begin (transition itself subject to legal challenges) and the Biden administration has made it clear that they will not pursue a nation-wide lockdown.

So it’s risk-on.

Bitcoin

Bitcoin is trading sideways and last traded at $18,363

24 hr high: $ 18,780

24 hr low: $ 18,000

BTC/USD Chart

Ethereum

Eth made a new high, trading as high as 610 USD

24 hr high: $ 610

24 hr low: $ 550

ETH/USD Chart

Digital Assets

Digital assets were higher almost across the board with some big moves in many assets.

AssetCodePrice (USD)24hr Change (%)VolumeMarket Capitalisation
Aave$LEND0.7189852.594227,188,975.00$82,483,994.00
Algorand$ALGO0.32962210.2649159,004,783.00$264,715,391.00
Aragon$ANT4.144.0765937,796,594.00$143,234,297.00
Balancer$BAL17.222.380254,390,539.00$165,708,404.00
Bancor$BNT1.110.4483562,228,629.00$95,011,330.00
Cardano$ADA0.1518924.019991,573,508,132.00$4,725,945,643.00
Chainlink$LINK15.184.343461,397,024,730.00$5,973,485,093.00
Compound$COMP124.436.3859264,469,002.00$490,898,740.00
Curve Finance$CRV0.73575-2.0731566,655,255.00$97,472,632.00
Dai$DAI1-0.11226162,604,641.00$1,022,213,825.00
Kyber Network$KNC1.096.3043948,703,226.00$218,021,510.00
Loopring$LRC0.1971444.0790840,984,216.00$234,380,812.00
Maker$MKR599.186.6714849,289,957.00$544,633,272.00
Meta$MTA1.6117.614959,211,452.00$16,865,729.00
mStable USD$mUSD10.454091,620,650.00$33,527,773.00
Ren$REN0.364583.2014374,172,895.00$321,421,184.00
Reserve Rights$RSR0.02247330.1580783,905,087.00$210,076,036.00
Stellar$XLM0.1291924.13262866,189,272.00$2,717,796,821.00
Synthetix$SNX5.376.8525473,822,563.00$712,049,835.00
Tezos$XTZ2.613.94726293,761,127.00$1,949,419,579.00
Universal Market Access$UMA8.484.1955614,612,343.00$470,418,720.00
yearn.finance$YFI24609-0.63392844,310,255.00$738,267,325.00

Economic Calendar

Australian trade balance is up today which will be interesting re: the amount of activity going on in China. China has expanded debt at record levels in Q2, expanded massively in Q1 and is currently going through a problem of debt defaults in state enterprises.

Whether you want to simply buy and sell or access advanced features, we have the tools you need. Mine’s order-book exchange lets you trade BTC, ETH, XRP, LTC and BCH against AUD, USD and USDT*. Mine Digital, Australia’s best Cryptocurrency Exchange.

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