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As BTC Jumps 6% From Recent Lows, a Big Move Is Coming, What Will the Price of Bitcoin Be?

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03-12-2022

The market capitalization of all cryptocurrencies is $821 billion as of Sunday, November 20, down 1.93% from the previous day. DeFi coin market capitalization has dropped by 1.83%.


The most popular cryptocurrency, Bitcoin, has mostly not altered since hitting a low of $15,828 and is currently up 6%. There hasn't been any movement in Bitcoin because it's been stuck below $17,000 for days.


This was perhaps to be expected given the low trade volumes. The impact cascades to the alternative currency, with Ethereum (ETH) in particular finding it difficult to hold over $1,200.