Wave of Coins Cost Growth Overwhelmed Cryptocurrency Market


As of November 5, the cryptocurrency market is witnessing the rising cost of most coins. As shown by data Coin360, Top 20 coins are seeing an increase in value.

Source: Coin360

The cost of Bitcoin rose by almost 2%, reaching $ 6,400 per coin. After small losses on October 29-31, in early November, the value of the coin began to grow again, approaching the mark of 6,400 dollars, but only today Bitcoin was able to overcome this limitation.

Cryptocurrency expert Joseph Young drew attention to the growth in Bitcoin sales, which reached $ 4.4 billion over the past knock. As the data of CoinMarketCap show, now Bitcoin is witnessing a continuous increase in value over several months. Periodically, the growth of the value of the coin was suspended several times in October, holding at around 3.2-3.6 billion dollars.

Bitcoin’s daily profit was 2.2%, while monthly losses were 3.3%.

Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) shows the highest growth rate, which has risen by 5% in the last 24 hours. At the moment, the cost of the coin is about $ 210 per coin. Despite the fact that in recent times the coin suffered significant losses, today ETH has grown rapidly.

Over the past week, the value of the coin has grown by almost 8%, while the monthly figure indicates a 7.7% decline in value.

Source: Cointelegraph Ethereum Price Index

Other coins from the list of Top-20 also show an increase in value in the range of 1-3%. The cost of DASH (DASH) rose by almost 5%, reaching $ 168 per day.

Bitcoin Cash (BCH) and IOTA (MIOTA) rose 3% in the last 24 hours. The cost of Vechain Altcoin (VEC) increased by 4%, reaching $ 0.01 per coin.

The total capitalization of the cryptocurrency market amounted to 212.66 billion dollars in the last 24 hours. At the beginning of last week, the figure was 203.5 billion dollars.

Source: CoinMarketCap

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