On November 22, some cryptocurrencies in the market saw a reprieve from the prolonged bear attack with small spikes in prices. Bitcoin Cash [BCH], Monero [XMR] and Tron [TRX] all saw green while the other major cryptocurrencies in the top 10 club still crumbled under the bear’s wrath.
Bitcoin Cash [BCH], which underwent a hard fork to form two different tokens, had suffered the worst end of the stick in terms of price till today. At press time, BCH was going up by 3.06% with a market cap of $3.604 billion. The cryptocurrency was trading for $206.25 with a 24-hour market volume of $106.38 million.
A majority of the BCH trade volume was held by Upbit, with a total grasp of $27.574 million. Upbit was closely followed by Binance, which encompassed $10.072 million of the entire Bitcoin Cash trade volume.
Another cryptocurrency in the top ten club that was enjoying a sudden bull run was Monero [XMR], which was gaining by 3.03%. The cryptocurrency was trading for $66.64 with a total market cap of $1.105 billion. A majority of the cryptocurrency’s $13.880 million trade volume was held by Bithumb, on which trades worth $80.227 million took place. Second to Bithumb was Binance, which dominated $1.982 million of all XMR trade.
Tron [TRX], which has been on quite the announcement roll, seems to have reaped dividends from it, going up by 2.44%. The cryptocurrency was trading for $0.0138 with a market cap of $907.706 million. Tron also held a 24-hour market volume of $52.573 million which was majorly split between Binance and OKEx.
Tron was recently in the news earlier when the Foundation announced that Kobe Bryant, former NBA superstar, will be speaking at niTron, the first blockchain event held by the Foundation, as a guest speaker. Justin Sun had stated:
“Kobe Bryant is a basketball genius. I have been a huge fan of Kobe and deeply inspired by his journey. It’s my great honor to have Kobe as our special guest for the niTron Summit. It’s worth mentioning that Kobe Bryant is not only a basketball genius but also an investment genius. We look forward to hearing his great speeches at the summit.”
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