Bitcoin Price Seeks Recovery Today As CHILLGUY Surges 40%

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Portalcripto2024/11/27 16:55

By:By Editor

Bitcoin seeks to surpass US$ 100 thousand
Altcoins show significant gains
Crypto market cap remains strong

Wednesday, November 27, 2024, after a dip near the $90.800 support, Bitcoin (BTC) staged a remarkable recovery today, stabilizing around $93.000. This move comes after a decline that took the digital currency down nearly $100.000. This period coincided with the historic acquisition by MicroStrategy, which purchased 55.500 BTC, representing approximately $5,4 billion.

The global cryptocurrency market cap is currently at $3,23 trillion, up 3,61% over the past day. At press time, BTC is trading at $93.354,48, up 2% over the past 24 hours.

While Bitcoin is struggling to recover its value, other cryptocurrencies, known as altcoins, have been performing positively. Ethereum is up over 4% and is trading near the $3.458,07 mark. Solana is facing resistance near the $236 zone and is up 3,6% on the day. Cardano has climbed back above the $1,00 support zone and is up 12% today. XRP continues its buying momentum and is up almost 10% on the day, now trading at $1,43.

The top memecoins DOGE, SHIB and PEPE are up slightly by 4% on the day. The cryptocurrencies in the top 100 that are trending today are Algorand, Stellar and Aave, which are up by over 14%. In the Top 200, the top cryptocurrencies that are trending today are Just a Chill Gu y (CHILLGUY) quoted at US$ 0,6304 and Virtuals Protocol (VIRTUAL) quoted at US$ 0,8832, up almost 40% on the day.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14