🔊Weekly Market Highlights #74: November 27 - December 3

✨The last week of November 2023 marks a new yearly high for BTC. Major projects such as LINK, SEI, and ATOM proposed new improvements, MicroStrategy purchased an additional $593M BTC, Binance Labs, and Animoca Brands invested in promising projects EDU and TON, etc. The market is very excited; all eyes are on the day the BTC ETF is officially approved.

✨Over the past week, the crypto market increased by ~$73B (from ~$1,422B to ~$1,495B) of its total capitalization.

✨BTC Officially hits $40K
✅In a recent turnaround, BTC faced a lackluster start last week, struggling to maintain levels below $37K. However, a bullish surge propelled BTC, overcoming resistance and pushing its value beyond $39K by week's end.

✅Persistent bull activity hit the $40K mark early on Monday (4/12), returning to this milestone after 18 months since early April 2022, before the LUNA-UST collapse. Currently, BTC hovers around $40.5K, boasting a market cap exceeding $780B. Its dominance over altcoins at 52.3%

✨ORDI, TIA Are The Stars Of The Week
✅This week, ORDI and TIA occupied the spotlight with impressive increases of ~115% and ~80%, respectively.

✅ETH is the other notable gainer from the larger caps. ETH has jumped by 9% and sits above $2,220. XRP, SOL, ADA, DOGE, TON, AVAX, and DOT are in the green, with ~3% to ~15% increase, while BNB and TRX have posted insignificant losses on a weekly scale.

✅Two Terra ecosystem tokens – USTC and LUNC – have skyrocketed by triple digits. In the case of USTC, the surge is by 272%.

✅BSCS is trading at $0,01117, +4,09% from its 7-day all-time low of $0,01073.

✨Bitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (66)

✨Dominance:
✅BTC: 52.3%
✅ETH: 17.5%

📣See you next week 😎

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