The cryptomania market is like devaluing; Bitcoin SV climbs to seventh place



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The cryptomania market is like devaluing; Bitcoin SV climbs to seventh place

The Criptomoedas market could not keep its gains after the slight recovery of yesterday, November 26, and fell Tuesday. The total value of the market has fallen below $ 125 billion as a new annual low is observed this week.

The price of Bitcoin is down again today. In the past 24 hours, Bitcoin has hit $ 3,650 twice and it does not seem like it's happening again. At the time of writing, the BTC was down 7% from the previous day at $ 3,700.

Ethereum also fell 8% from yesterday's lower earnings, currently priced at $ 105. The first 10 crypto coins are again dark, most of them losing between 6 and 9% the same day. Stellar recorded the biggest drop and Monero was eliminated from the top 10 by a new criptomoeda.

The Coinmarketcap tool has updated its list to include Bitcoin SV, which was created after the Bitcoin Cash network fork, whose limit is $ 1.8 billion and which is trading at a rate of down 3% that day, just below $ 105. This new asset has reached the eighth position, surpassing Litecoin and Cardano.

The top-20 are mostly red Tuesday. Monero, Ethereum Classic, Neo and Zcash dropped more than 9% during the day. Nor is it the only altcoin that does not fall.

The total value of the cryptographic derivatives market fell by nearly 7% to about $ 121 billion. As Bitcoin has not shown support, the total market is expected to suffer further declines in the coming days and the total ceiling could easily fall below $ 100 billion.

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