Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV

Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV


Within the last 24-hours, Bitcoin (BTC) price hit an intraday high of $18,466.14 and this is just roughly 8% lower than the magical $20,000 figure being watched by many traders. 

However, investors in several countries such as Russia, Argentina, Brazil, and Mexico have already seen their Bitcoin holdings hit a new all-time high in their local currency. Even Bitcoin’s market capitalization has hit a new record high, topping the high created in December 2017.

With institutional investors finally arriving in herds, it seems it is only a matter of time before Bitcoin finally overtakes $20,000 and sets a new all-time high.

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Adding to the list of high profile billionaire’s acquiring Bitcoin, Ricardo Salinas Pliego, Mexico’s second-richest man, recently announced that he had invested in the digital asset. Accordion to Pliego, 10% of his liquid assets are held in Bitcoin.

Daily cryptocurrency market performance. Source: Coin360

Even existing investors have added to their holdings. Galaxy Digital chairman and CEO Mike

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