November 6th: Bitcoin (BTC) closed above $35000 this week, with counterfeit currencies rebounding strongly

Bitcoin continued to close at a green level slightly above $35000 last week, recording three consecutive weeks of gains.Bitcoin and Shanzhai CoinDespite adjustments over the weekend, Bitcoin continued to grow for the third consecutive week

Bitcoin continued to close at a green level slightly above $35000 last week, recording three consecutive weeks of gains.

Bitcoin and Shanzhai Coin

Despite adjustments over the weekend, Bitcoin continued to grow for the third consecutive week.

In the short term, this market leading asset has recovered, reaching a local daily peak of $35380, and then temporarily falling to just under $35000.


As BTC closed slightly above the weekly candle threshold of $35000, the counterfeit currency market continued to recover strongly.

PancakeSwap (CAKE) was the strongest growing project of the day, growing by nearly 30%. Considering the 7-day time frame, the value of CAKE has increased by over 90%.

Neo (NEO), KuCoinToken (KCS), Immutable (IMX), OKB (OKB) are also counterfeit coins that have seen double-digit growth in the past 24 hours.

Other projects such as Arweave (AR), XRP (XRP), Chiliz (CHZ), NEARProtocol (NEAR), Chainlink (LINK), MultiversX (EGLD), Injective (INJ), Flow (FLOW), Kava (KAVA), TheGraph (GRT), Cardano (ADA) Bounced from 6-9%.


Ethereum (ETH) continued to record its third consecutive week of growth. Breaking through $1900, reaching the highest level in nearly three months. Currently, bulls are still working hard to maintain prices around $1885, up nearly 2% from 24 hours ago.


(Personal opinions do not constitute suggestions)

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