Today, the price of the cryptocurrency gained with Bitcoin above the $20,000 mark. The most popular cryptocurrency was trading at $20,290, more than 4 per cent. In November, Bitcoin struggled since hitting a high near $69,000.

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“Bitcoin traded slightly higher Wednesday, but the token’s price could not exceed the US$20,000 mark following the recent sell-off. Despite the drop below the US$20,000 level, BTC bounced off the local support level at US$18,931. Bulls can hope for continued growth if the price is above it. However, BTC might take some time to make any sharp moves since it has not yet accumulated enough strength,” said Edul Patel, CEO and co-founder of crypto investing platform Mudrex.

Today the market cap of global cryptocurrency was below the $1 trillion mark, more than 3 per cent up in the last 24 hours to $939 billion. On the other hand, Ether, the coin linked to the Ethereum blockchain and the second largest cryptocurrency, rose more than 6 per cent to $1,115.

Today, the price of Dogecoin is up nearly 2 per cent at $0.06, whereas Shiba Inu rose over 4 per cent to $0.000010.