Why is Bitcoin price up today?

Why is Bitcoin price up today?


Bitcoin price is up on Nov. 22, and a market-wide rally in crypto prices suggests that Bitcoin (BTC), Binance Coin (BNB) and Ether (ETH) could be bouncing off of yearly lows.

The current rally in BTC and select altcoins could indicate the market is in the process of completing its purge even with liquidity issues being faced by Digital Currency Group and Genesis Trading being unresolved.

Daily cryptocurrency market performance. Source: Coin360

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The stock market is also showing green candles with the Dow Jones Industrial (DJIA) posting a 0.94% gain and the S&P 500 rallying 1%. With the November jobs report releasing on Dec. 2, equities traders will look for strong growth to show market resiliency which would drive prices higher. higher. 

As reported by Cointelegraph, Bitcoin will

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