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BAT price hits new high after 30% daily rally as Basic Attention Token bucks crypto downtrend -Breaking

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The Basic Attention Token, (BAT(LON:),) reached a record-breaking high of 66.6% on November 26, just as Global markets fell in tandemConcerns about a COVID-19 variant that is highly mutated in South Africa.

BAT’s price surged over 30% to reach $1.88 for the first time, with its market capitalization rising to $2.74 billion. This was in stark contrast to cryptocurrency markets that lost 30%. Nearly $283 billionDuring the same time.

Capitalization of the BAT market. Source: CoinMarketCap
BAT’s correlation efficient against top crypto assets. Source: Cryptowatch
Three-day price chart with cup-and handle and ascending triangle configurations. TradingView
Three-day BAT/USD price chart with ascending triangle breakout target TradingView