November 25, 2020

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Market overview 11.2. | [BTC] -4% Bitcoin yesterday in nearly 500 USD slump! [BNB and HT] Let’s go bombs!

2 min read
Market overview 11.2. | [BTC] -4% Bitcoin yesterday in nearly 500 USD slump! [BNB and HT] Let's go bombs!
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overview of terms

Bitcoin dropped nearly $ 500 yesterday, but the Huobi token added a 32% pump, not even Binance Coin, who started to run properly in the last week.

  

At present, the cryptomarket has a total market value of USD 283 billion. Bitcoin yesterday in nearly 500 USD slump and for a moment -4%. We recorded a low of $ 9,700. BTC dominance declines to 63.3%.

 

The best growth yesterday was:

OKB

 

OKB (OKB) $5,64 USD (42,84%)

 

OKB was followed by :

Huobi Pool Token

 

Huobi Pool Token (HPT) $0,009840 USD (32,30%)

 

Waves

 

Waves (WAVES) $1,43 USD (31,30%)

 

Huobi Token

 

Huobi Token (HT) $4,74 USD (19,95%)

 

ZB Token

 

ZB Token (ZB) $0,369626 USD (18,11%)

 

The biggest loss from the top 100 Market Cap yesterday was:

Bytecoin

 

Bytecoin (BCN) $0,000277 USD (-16,55%)

 

ICON

 

ICON (ICX) $0,407461 USD (-8,91%)

 

All datas are from coinmarketcap.com

 

[BTC / USD] In 2020 to present value: +39.46%

 

Yesterday Bitcoin got to a new high at 10,190 USD. Today the situation is changing and we see almost $ 300 decline. Flash Crash by -4%. Today’s low is at $ 9,731. This move was quickly eradicated and $ 57 million was enough. The current value of the BTC is arround $ 9,800. The graph shows a strong rejection before the resistance level at $ 10,300.

 

Market overview 11.2. | [BTC] -4% Bitcoin yesterday in nearly 500 USD slump! [BNB and HT] Let's go bombs!

 

[HT / USD] In 2020 to present value: + 72.26%

 

Yesterday we saw up to 32% up on the Huobi token after speculation about the arrival of several large institutional investors around the Huobi token. These investors are supposed to pour hundreds of millions of USD into HT. The price immediately responded with huge growth. Huobi itself has not refuted or confirmed these speculations. By 2020, HT had already made 72% up and will not be easy to finish. We see the closest resistance at USD 5-5.3, which is also the top for 2019. If speculation about the arrival of institutional investors is true, HT can easily get into the top 10 capitalization. It will copy the successful path of Binance Coin or is already on it.

 

Market overview 11.2. | [BTC] -4% Bitcoin yesterday in nearly 500 USD slump! [BNB and HT] Let's go bombs!

 

[BNB / USD] In 2020 to present value: +81.60%

 

The weaker start to 2020 was experienced by the BNB, but it has been catching up in recent weeks. We saw a 69% drop from top in 2019 to $ 12.47. We are currently just above $ 24 and have added over 80% to growth for 2020 overall. But it seems that the BNB is not going to stop growing and the bulls will pull it up as much as HT. The closest resistance is in the range of 30-33 USD and so the BNB has enough space to grow.

 

Market overview 11.2. | [BTC] -4% Bitcoin yesterday in nearly 500 USD slump! [BNB and HT] Let's go bombs!

 

Thank you for taking the time to analyze today.

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