As the cryptocurrency market maintains an upward trend, Bitcoin (BTC) $96,073, the leading cryptocurrency, has been trading between $93,000 and $99,000 for the past ten days. Notable performances are emerging among altcoins such as XRP, Hedera (HBAR), and Ondo (ONDO). While overall trading volume in the market is increasing, volatility persists.
Trading Volume Increases; Global Market Value Slightly Declines
The 24-hour trading volume in the crypto market reached $284 billion, reflecting a 65% increase. This surge indicates heightened investor activity. However, the global cryptocurrency market value declined by 0.4%, settling at $3.47 trillion. The entry of approximately $1 trillion in new capital in November showcases the resurgence of investor confidence. Nonetheless, the overall market trend remains volatile.
While Bitcoin continues to be the market’s ce…
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