Crypto On Dec. 1: Most Top Coins In Green As Bitcoin Rises Again

Most of the top coins were trading bullishly early Wednesday morning, leading the global crypto market cap to rise 3.57% to $2.66 trillion. This came as Bitcoin recovered from a minor pullback it faced on Tuesday.

Bitcoin rose 1.57% in the last 24 hours to $57,192. It is still much lower than the record-high price it touched on Nov. 9. Amid the rise and fall, pseudonymous Dutch investor Plan B is hopeful that Bitcoin is still on track for the $100K mark even after it missed their November target.

The second most chased crypto Ethereum saw a whopping surge of 8.68% in the last 24 hours to trade at $4,763.

With the slight rise in the price of Bitcoin and a major boost to Ethereum in the last 24 hours, the entire crypto market, which was trading in the red Tuesday, saw a jump in prices whether small or big.

Among other cryptos, Binance Coin, Cardano, and Polkadot also saw a slight surge in the last 24 hours. Solana, on the other hand, rose 8.14% in the same time period.

Meme crypto Shiba Inu experienced a 2.98% plunge in the last 24 hours after predictions of price-hike surfaced following the acceptance of SHIB tokens as payment by online electronic retailer Newegg and the listing of the meme coin on the Kraken crypto exchange.

Rival Dogecoin rose slightly in the last 24 hours.

The crypto market is extremely volatile and experts recommend investors not make decisions based on the sudden shift in prices.