Bitcoin price recovered to $ 36 thousand

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On the morning of November 12, the bitcoin rate rose to $ 36.3 thousand. Compared to the evening of January 11, it increased by almost $ 6 thousand. The asset value began to rise after yesterday’s fall to $ 30.4 thousand. Since then, bitcoin has risen in price by almost 20%. over the past day – by 9%, according to RBC Crypto.

Most of the largest altcoins by capitalization have risen in price over the past 24 hours. Ethereum rose 11% to $ 1148, XRP – 15% to $ 0.308. Of the top 10, Stellar showed the largest growth – 29%, now it is trading at $ 0.309.

The value of the digital money market is again close to $ 1 trillion, with a total daily trading volume of $ 254 billion, according to Coingecko. The share of bitcoin in the industry is 67.6%, in early January it exceeded 73%.

Yesterday, due to the sharp drop in the price of bitcoin and altcoins, traders lost more than $ 2.6 billion. Users of crypto exchanges who opened long positions using leverage suffered significant losses. As the price of assets decreased, exchanges closed contracts for 260 thousand clients within 24 hours. One of them lost more than $ 10 million on a failed deal.

Earlier, the leading trader of United Traders, Alexey Markov, explained that confirmation of the strength of the upward trend in bitcoin will be a rebound of its rate to $ 36-37 thousand and a protracted consolidation for 2-3 weeks. The co-founder of the EXMO exchange Ivan Petukhovsky also called yesterday’s market fall a small local breakdown downward, which will not prevent further growth.

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