BTC TOP 3
OVERALL MARKET CAP UNLOCKS NEW ALL-TIME HIGH
ETH, SOL, AVAX HITS NEW ATH, TOO!
Moonvember is it not? 😉 All these new all-time-high hits just added another trillion dollars to the Crypto Total Market Cap! We are now trading at a 3-Trillion-Dollar Total Market Cap.
After seeing some record-breaking all-time highs from previous weeks, the crypto space just proves this is yet the beginning of this last run-up.
Starting the week pumped, Bitcoin almost hit another all-time high, just ranging around $66k for the time being now. And altcoin season seems to be imminent as all-time high after all-time high is being hit every now and then — ETH, SOL, and AVAX to name a few.
With soaring all-time highs, people are now starting to check overall asset’s market cap. And guess what they found?
Ethereum flipping JPMorgan, Visa, and Alibaba…
And Bitcoin taking Tesla’s spot and its next target: Silver!
How can one not be bullish in these times?
Today is a very good day to be in crypto!
CRYPTO TWEETS AND UPDATES
Too tired to check your social media to know what’s going on? Fret not, we have summarized a few good tweets:
As you know S2F model predicts $100K average for this halving period (and based on floor model we reach $100K this yr). But S2FX model predicts $288K average this cycle (we need some real fireworks in 2022 for that). Let's see where this 2nd leg of the bull market will take us🚀 pic.twitter.com/ttiNT5yMKe— PlanB (@100trillionUSD) November 8, 2021
Contour map of every bitcoin at the price they last changed hands between investors. Huge price validation between $50k-$60k.#Bitcoin as a $1T asset class IMO is now cemented; hard to see it dropping below this zone.— Willy Woo (@woonomic) November 8, 2021
This data is @glassnode's URPD visualised. pic.twitter.com/pHBlXrk1hs
#Bitcoin will stand the test of time.— Benjamin Cowen (@intocryptoverse) November 8, 2021
#BTC is on the cusp of breaking to new All Time Highs and enjoying a parabolic run in Price Discovery— Rekt Capital (@rektcapital) November 8, 2021
Investor sentiment towards $BTC is quite greedy, but it is greed that strongly propels price to unimaginable highs once in Price Discovery#Crypto #Bitcoin pic.twitter.com/lm6Bihcdzm
COINS TO HOLD DURING BEAR MARKET
If you are planning to accumulate and build your portfolio during the bear market, here are the coins you should be keeping in your radar.
DISCLAIMER: THIS IS NOT FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.
ABOUT THE AUTHOR
Elisa is our Head of Market Analysis at Rocket Crypto X
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