Daily Cryptocurrency Tracker 28.11.18: Crypto seesaw continues

The cryptocurrency market remained volatile over the past 24 hours, making its way back into the green, as 7 of the top 10 cryptos registered gains. At the time of writing, Bitcoin was up more than 6%, once again climbing above the $4,000 mark. However, despite these recent gains, the majority of cryptos still have a long way to go to recover recent losses.

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Ethereum leads top 10

Over the past 24 hours, it was 3rd-ranked Ethereum which showed the largest gains of the top 10 cryptos, climbing more than 7% (as of the time of writing). Last week, Ethereum was overtaken by XRP, which passed it to become the 2nd largest crypto by market cap. While showing impressive gains, the Ether token is still quite low for the month, as its current price is nearly half of what it was just three weeks ago.

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NYSE Chair optimistic about digital currencies

New York Stock Exchange (NYSE) Chairman Jeffrey Sprecher, who is also the CEO of Intercontinental Exchange (ICE), yesterday expressed faith in the digital currency market. Sprecher spoke at the Consensus Invest conference, saying he believes the survival of digital currencies is “unequivocal.” However, Sprecher said that him and his peers are “agnostic” regarding price levels.

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