Bitcoin

ORDI

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<ul class="news-points"> 
 <li>The price of&nbsp; ORDI tapped a new high after Bitcoin surpassed $41,000.</li> 
 <li>ORDI was overbought but a retracement may be invalidated by the support at $31.83.</li> 
 <li>If BTC continues to increase, ORDI might also follow while ignoring the overheated condition.</li> 
</ul> 
<a href="https://coinedition.com/ordi-price-prediction/">ORDI (ORDI)</a>, the BRC-20 cryptocurrency related to Bitcoin Ordinals increased by 30.75% in the last 24 hours. On November 3, ORDI’s price was 32.35. But after the surge, the token value changed hands at $42.27. 
<h2 class="wp-block-heading" id="h-like-btc-like-ordi">Like BTC, Like ORDI</h2> 
One of the major reasons for the ORDI price increase was its connection to <a href="https://coinedition.com/microstrategy-makes-huge-bitcoin-btc-buy-is-it-time-to-sell/">Bitcoin (BTC)</a>. It is noteworthy to mention that BTC’s price reached a new yearly high during the same period ORDI crossed $42. 
<div class="wp-block-image"> 
 <figure class="aligncenter">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/-LCeU1yfZtiLLFgAdIbFFC2CO-nnDPRveBog8C2Ty9EQmpmrlRtKYURfyho5L0wD7XDTzgwF-RQUKl_U10sYaRSxZ2d4o30fQPkMchtUfwLI6aOXL9RCPZUz6gfruaahKXkH0xgnzOJqrDQENitc5sU" alt="">
 <figcaption class="wp-element-caption">
 ORDI 24-Hour Performance (Source: <a href="https://coinmarketcap.com/currencies/ordi/" target="_blank" rel="nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div> 
As mentioned earlier, ORDI is a fungible token operating on the Bitcoin blockchain via the Ordinals protocol. This functionality allows inscriptions of texts, images, audio, and the like on the Bitcoin network. 
Also, out of the numerous BRC-20 tokens, ORDI is the one with the highest market cap. It also has the highest market cap in the category. So, it is not surprising that its correction with Bitcoin is stronger than the others.&nbsp;…
The post <a href="https://coinedition.com/ordi-ascends-to-new-ath-thanks-to-bitcoins-btc-yearly-high/">ORDI Ascends to New ATH, Thanks to Bitcoin’s (BTC) Yearly High</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ORDI Ascends to New ATH, Thanks to Bitcoin’s (BTC) Yearly High

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