A number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and XRP jumped massively in value.
On Saturday, November 21, 2020, the overall market valuation of all 7,000+ crypto-assets in existence is around $520 to $540 billion. At the time of publication, there’s also around $20 to $32 billion in global trade volume as well.
The top digital currency in terms of market cap, bitcoin (BTC) jumped over 1% today and coasted along at a daily high at $18,840 per unit. BTC’s modest gains today is nothing compared to a number of coins that have jumped significantly in value.
— Du’An Lightfoot (@labeveryday) November 21, 2020
The altcoin spark has caused a number of speculators to believe that a highly anticipated ‘altcoin season’ is looming on the…