Six of the top 10 stocks rose and 62 of the top 100 fell.
According to CoinMarketCap, the price of Bitcoin was $57,255.49 as of 9 a.m. New York time, down 1.50% from 24 hours ago.
Ethereum rose 1.78%, Binance Coin 1.89%, Solana 5.43%, Polkadot 0.74%, Cardano 0.54%, XRP 0.80%, and Dogecoin 4.15%.
At this time, the market capitalization of the cryptocurrency market stood at $2.65 trillion, and the share of Bitcoin fell to 40.8%.
Source: CoinMarketCap (as of December 1st at 9 am New York time)
On the Chicago Mercantile Exchange (CME), the Bitcoin futures price for the most actively traded December contract fell by $40 to $57,740, the November contract fell by $375 to $57,785, and the February contract fell by $200 to $58,220. recorded
Ethereum futures price rose by $51.75 for the December contract to $4743.25, and the price for the January contract rose by $60.75 to $4783.75.
Bitcoin plummeted to $54,000 in just hours on Friday and then rebounded from the previous day, returning to the $58,000 level.
According to Cointelegraph, market analyst Plan B, which predicted that Bitcoin would rise to $98,000 by the end of November, fell short of expectations, but he did not give up his model and ordered another month to wait.
Plan B initially claimed that Bitcoin’s November closing of $98,000 was a “worst case scenario,” but in reality, Bitcoin closed November at $57,000.
In response, he stresses that his model made accurate predictions from August to October, as no model can be perfect, and it is taking longer than expected to reach the peak of the 2021 bull market. He said he needed an extra month until May.
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