Bitcoin Price Seeks Recovery Today As CHILLGUY Surges 40%

• Bitcoin seeks to surpass US$ 100 thousand
• Altcoins show significant gains
• Crypto market cap remains strong

Wednesday, November 27, 2024, after a dip near the $90.800 support, Bitcoin (BTC) staged a remarkable recovery today, stabilizing around $93.000. This move comes after a decline that took the digital currency down nearly $100.000. This period coincided with the historic acquisition by MicroStrategy, which purchased 55.500 BTC, representing approximately $5,4 billion.

The global cryptocurrency market cap is currently at $3,23 trillion, up 3,61% over the past day. At press time, BTC is trading at $93.354,48, up 2% over the past 24 hours.

While Bitcoin is struggling to recover its value, other cryptocurrencies, known as altcoins, have been performing positively. Ethereum is up over 4% and is trading near the $3.458,07 mark. Solana is facing resistance near the $236 zone and is up 3,6% on the day. Cardano has climbed back above the $1,00 support zone and is up 12% today. XRP continues its buying momentum and is up almost 10% on the day, now trading at $1,43.

The top memecoins DOGE, SHIB and PEPE are up slightly by 4% on the day. The cryptocurrencies in the top 100 that are trending today are Algorand, Stellar and Aave, which are up by over 14%. In the Top 200, the top cryptocurrencies that are trending today are Just a Chill Gu y (CHILLGUY) quoted at US$ 0,6304 and Virtuals Protocol (VIRTUAL) quoted at US$ 0,8832, up almost 40% on the day.