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The cryptocurrency market was going through a minor bearish patch, on Friday, when most large-cap assets including bitcoin, dropped by two or three per cent of their previous day valuations. However, Basic Attention Token or BAT, an ethereum token, manages to survive this decline and post a major single day rally. BAT is the native currency of Brave, which is an ICO funded web browser, that uses cryptocurrency to overcome the web’s traditional advertising model.
While on most of Thursday, BAT had traded at 0.215 USD, it underwent a sudden massive rise before 9:30 UTC, when the price leapt from 0.215USD to 0.235 USD, which is it’s the highest point, since August.
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