November 11th: Bitcoin continues to maintain its price above $37000, while counterfeit currency rebounds strongly

Bitcoin will continue to rise for the fourth consecutive week, closing above $37000 per day.Bitcoin and Shanzhai CoinAfter unexpectedly approaching $38000 on November 9th, Bitcoin has now returned to the trading range near the $37000 threshold

Bitcoin will continue to rise for the fourth consecutive week, closing above $37000 per day.

Bitcoin and Shanzhai Coin

After unexpectedly approaching $38000 on November 9th, Bitcoin has now returned to the trading range near the $37000 threshold.

The market closed higher in five days and is expected to establish a four week continuous upward trend, which is the longest since early January, when the price hovered around $16000.


The counterfeit coin market continues to grow strongly, with many counterfeit coins reaching double-digit profits

Terra (LUNA) and FTXToken (FTT) are the two strongest growing projects today, with impressive performance of over 50%. From a weekly time frame perspective, FTT even recorded triple digit profits, as prices almost tripled in just a few days.

Celestia (TIA) is also a counterfeit currency, with an astonishing increase of over 40% in the past 24 hours.

Other projects in the top 100 that have achieved double-digit growth include TerraClassic (LUNC), Cronos (CRO), Solana (SOL), Immutable (IMX), Blur (BLUR), ThetaNetwork (THETA), Fantom (FTM), and Injective.

Avalanche (AVAX), MultiversX (EGLD), CurveDAOToken (CRV), Neo (NEO), Chiliz (CHZ), TRON (TRX), Sui (SUI), EOS (EOS) An increase of 3-7%.

Ethereum (ETH) rebounded strongly, breaking through the $2100 mark at some high points before making a correction. It closed lower and returned to around $2000, with a drop of nearly 4% on the day.

(Personal opinions do not constitute suggestions)

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