Bitcoin cryptocurrency reached a monthly maximum value

On the night of November 16, the price of the main crypto asset almost reached $ 38,000. The surge occurred amid news that the SEC had postponed Hashdex’s application to convert a futures bitcoin ETF into a spot one.

At the time of writing, the main cryptocurrency is trading at $ 37,212 with a market capitalization of $ 731.9 billion, a daily increase of 5.04%. Traders made daily trading deals worth $ 28.4 billion.

According to CoinGlass, the volume of liquidations on futures contracts reached $ 154 million per day. Most of the losses were accounted for by short positions.

The increase in other assets from the top 10 by capitalization ranged from 2.94% to 15.9% in 24 hours (excluding stablecoins), according to CryptoRank. Most positions are in the green zone. The market capitalization exceeded $ 1.43 billion, an increase of 4.71%, according to the analytical tracker CoinMarketCap.

The fear and greed index rose to 77 points. Bitcoin’s market share is 51%.