Bitcoin hit multi-day highs of $58,300 overnight into Nov. 25 with investors betting on the reduced likelihood of a further major price dip. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging above $57,000 Thursday, printing a higher low on the daily chart. This, trader and analyst Rekt Capital believes, shows support "solidifying" at current levels.

Binance Coin (BNB) is the sole standout in the top 10 cryptocurrencies by market capitalization, up 8% week over week. “We are betting that the market will consolidate instead of breaking lower. The question is whether it will lead to a downside break,” it wrote.
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