A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse

At the clip of penning the planetary cryptocurrency marketplace capitalization is hovering astir $842 cardinal connected Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the commencement of the week, arsenic seven-day stats bespeak the terms of bitcoin has dropped by 0.02% this week. Meanwhile, portion bitcoin prices stay static, a fig of alternate crypto assets person recorded double-digit gains this week.

Crypto Economy Hovers Above the $800 Billion Zone arsenic a Dozen Tokens Record Double-Digit Gains

Bitcoin (BTC) connected Sunday is presently trading for $16,550 per portion and prices person remained stagnant for the past 7 days. The token with the second-largest marketplace capitalization, ethereum (ETH), has managed to summation 3.45% this week climbing backmost supra the $1,200 range.

At the clip of penning (10:00 a.m. ET), the crypto system is down 0.07%, and it is presently valued astatine 842 cardinal nominal U.S. dollars. Out of the apical 10 largest cryptos this week, the 2 starring tokens see BNB and DOGE.

BNB has accrued by 16.29% against the greenback during the past week, and seven-day stats amusement dogecoin (DOGE) is up 25.57%. Both of these crypto assets are not the lone tokens that person seen double-digit gains during the past week.

The speech coin huobi token (HT), for instance, has accrued by 55.99% this week and celo (CELO) is up 45.31%. Curve’s dao token (CRV) has jumped 35.41% higher against the U.S. dollar, and litecoin (LTC) has accrued by 25.29% this week.

Apecoin (APE) managed to emergence 22.55% this week, and chainlink (LINK) roseate by 17.95%. Dash (DASH) is up 17.25% and convex concern (CVX) has risen by 15.25% against the greenback.

In fact, 13 antithetic crypto assets retired of the 21,863 listed connected coinmarketcap.com, person accrued by treble digits during the past week. This week’s biggest losers, however, included chiliz (CHZ) down 24.16%, concatenation (XCN) which mislaid 16%, and algorand (ALGO) shed 12.67%.

Those were the lone 3 crypto tokens that saw double-digit losses against the U.S. dollar during the past 7 days. Presently, retired of the $842 cardinal planetary cryptocurrency marketplace capitalization, bitcoin’s (BTC) marketplace headdress dominates by 37.7%.

Ethereum (ETH), connected the different hand, dominates the crypto system by 17.6% connected Nov. 27, 2022. Global commercialized measurement is simply a batch little than erstwhile FTX collapsed 2 weeks ago, arsenic it roseate supra $200 cardinal during aggregate 24-hour periods.

Today, the crypto economy’s Global commercialized measurement is lone $36.84 cardinal and tether (USDT) commands $26.78 cardinal of the aggregate. Bitcoin’s (BTC) planetary commercialized measurement contiguous is astir $19.30 cardinal and ETH captures $4.38 cardinal of Sunday’s commercialized volume.

What bash you deliberation astir the fistful of crypto tokens that person recorded double-digit gains this past week? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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