Bitcoin is Back Above $57,000

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On the night of November 29, the cryptocurrency moved to growth – from about $54,000, its price rose above $57,000. Over the past 24 hours, Bitcoin has risen by 5.65%, according to CoinGecko.

At the moment, digital gold is trading at $57,343, recovering from its post-Black Friday decline. Then the correction took place amid concerns about the new strain of COVID-19, which allowed governments to introduce new restrictions.

The total capitalization of the crypto market is $2.5 trillion, while in the case of BTC it amounts to $1.08 trillion with a dominance index of 42%.

Following the leading cryptocurrency, the rest of the market has moved into the green zone. Over the past day, Ethereum has gained 6.8% and surpassed the $4,330 level.

A noticeable growth (21.5%) is demonstrated by GameFi platform token The Sandbox (SAND). On November 29, the platform will launch the alpha version of its metaverse for a limited number of users.

Decentraland (MANA) token has grown by 10.3% over the past 24 hours.