🔊Weekly Market Highlights #72: November 13 - November 19

✨The November recovery in the cryptocurrency market has sparked interest from major institutions. Through the creation of ETFs, investment endeavors, mergers and acquisitions, and collaborative ventures with crypto projects, large organizations are signaling a gradual return of confidence in the future growth prospects of the cryptocurrency industry.

✨Over the past week, the crypto market increased by ~$4B (from ~$1,422B to ~$1,426B) of its total capitalization.

✨BTC Maintains Steady at $36.5K Amid Market Volatility
✅Midweek brought significant volatility for BTC, hitting a low of $35K. Resilient at this support, BTC swiftly reversed, surging ~$3K in hours for the second attempt to breach $38K within a week.

✅Despite resistance, BTC recovered from the rejection, stabilizing around $36,5K over the weekend and closing at approximately $37K.

✨Volatile Weekend For Altcoins
✅The Total 2 index (Crypto Total Market Cap Exclude BTC) saw an ~8.5% decrease (from $684B to $629B) in just 2 days, briefly causing red across the market. However, a positive turn occurred towards the end of the week.

✅KAS stole the spotlight with an impressive 65% growth in just one week. Following closely, RNDR marked a substantial increase of around 42%. AVAX, NEAR, IMX, and SNX also showcased robust performances, each securing gains surpassing 20%.

✅TRX, LINK, TON, MATIC, DOT, LTC, ATOM, OKB recorded slight losses on a weekly scale, with a decline of ~3%

✅BSCS is trading at $0,01156, +14,43% from its 7-day all-time low of $0,01011.

✨Bitcoin Fear and Greed Index is 69 - Greed, lower than at the beginning of the week (72)

✨ Dominance:
✅BTC: 51.5%
✅ETH: 17.0%

📣See you next week 😎

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