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Bitcoin Consolidates at $91,000 as Stocks and Gold Rally

Bitcoin Consolidates at $91,000 as Stocks and Gold Rally

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Altcoins trade mixed as the total crypto market capitalization dips 0.5% to $3.19 trillion.

Crypto markets remained relatively calm heading into the weekend, with Bitcoin holding at around $91,000 as U.S. stocks rallied on Black Friday.

Bitcoin is flat over the past 24 hours after peaking at $92,800 earlier in the day, while ETH is up 0.5% and SOL is down 3.5% over the same period. Meanwhile, XRP is down 1.9% to $2.19.

BTC Chart

The overall crypto market capitalization decreased by 0.5% to $3.19 trillion, according to Coingecko.

The Top 100 digital assets posted mixed performances over the last 24 hours, led by Quant (QNT), Bitcoin Cash (BCH), and Monero (XMR), which are up 10%, 3%, and 2%, respectively.

Meanwhile, Pi Network (PI), Zcash (ZEC), and Aptos (APT) are today’s biggest losers.

Around 111,000 leveraged traders were liquidated for a total of $289 million in the past 24 hours, according to CoinGlass. Bitcoin accounted for $89 million, while ETH positions made up $61 million.

While crypto markets consolidated after a week-long rally, stocks and gold gained ground on Friday. The S&P 500 and Nasdaq climbed 0.5%, while the yellow metal traded above $4200/oz for the first time in two weeks.

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bitcoin
Bitcoin (BTC) $ 91,141.42
ethereum
Ethereum (ETH) $ 3,024.89
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 886.51
solana
Solana (SOL) $ 137.32