BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB By Cointelegraph

(BTC) continues to be pinned down below $60,000, indicating that higher levels are attracting selling from traders.

The S&P 500 made a new all-time high on Nov. 22 due to reports that United States President Joe Biden had renominated Jerome Powell to serve a second term as the Federal Reserve chair. This news also boosted the U.S. dollar currency index (DXY) to its highest level since July 2020.