MATIC, XRP, Solana, DOGE Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout.
08 Nov 2022, 08:00
MATIC, XRP, Solana, DOGE Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout
Despite macroeconomic uncertainty with the Fed and the Bank of England raising interest rates, Bitcoin held tightly above $20,000. In the past seven days, the top cryptocurrency has grown by 2% and was trading at $20,721 after a 2.40% drop in the past 24 hours.
On the other hand, Ethereum grew by over 5% in the past week to trade at $1,587 at press time. Top altcoins have also been exhibiting strength with Cardano (ADA), Solana (SOL), and (XRP), adding about 7% each in the past week. Dogecoin (DOGE) has been the biggest gainer during this period, adding about 50% to its value. Other top gainers in the altcoin roundup have been Polygon (MATIC), Shiba Inu (SHIB), Litecoin (LTC) and BNB after surging by about 40%, 23%, 25% and 13% in the past seven days, respectively.