“Black Friday” is over for Cryptocurrencies and Bitcoin is returning above $18,500K!

New $30 Billion gains for the total Cryptocurrency Market Cap as the primary coin surpasses once again the resistance level of $18,500!

Last week had many surprises with Crypto prices fluctuating up and down. Unfortunately, the end of the week was not by Crypto’s side, leading to a $3,000 drop for Bitcoin, almost $100 for Ethereum and 50% of XRP’s price.

However, the weekend was a bit different and most of the Cryptos recovered small parts of the losses with BTC having gains of $1,000 retracing the price at $17,000 which was the reference point for the King of coins in order to start increasing its value.

During the weekend Bitcoin was sitting at $17,000 and successfully managed to jump at $18,000 and then at $18,500 which is the current price (at the time of writing). Analysts are claiming that the primary cryptocurrency has only left 2 obstacles ($18,800 and $19,500) before it hits the new All-Time High.

Altcoins had it even worse with Ethereum dropping almost $100 of its current value and retracing at $485. However ETH managed to regain a part of its loss and topped at $580.

Ripple is healing from the half price loss bottoming at $40 and currently sits at $0.63.

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