NFT News by Thebittimes.Com

On November 5, the Bitcoin  price exhibited a sharp bullish trend, following the bullish breakout of descending triangle pattern. So far, BTC is up more than 5% to $21,375, and the technical outlook is signaling more upside potential.  Similarly, Ethereum is following in the footsteps of Bitcoin, rising more than 6% in the last 24 hours to trade at $1,645 as a lower unemployment rate may signal a slower rate hike.  The global cryptocurrency market cap remains above $1 trillion, sending major cryptocurrencies into positive territory early on November 5. However, the total crypto market volume has remained positive in the last 24 hours, reaching $102 billion. The United States added 261,000 jobs in October, which was significantly better than predicted, given the continuing slowdown in the job-creation rate.  While this was happening, average hourly earnings were also trending upward, a sign of sustained inflationary pressu...

On October 24, the Bitcoin  price showed a bearish correction after getting rejected at the $19,700 resistance mark. In contrast, Ethereum is rising, gaining over 2% to $1,347 during the early Asian session. Major cryptocurrencies were trading bullish early on October 24, with a global crypto market cap of $931 billion on the previous day with a trading volume of $479 billion.  Let's take a look at the top winners and losers so far today. Top Altcoin Gainers and Losers The top performers in the Asian session were Klaytn (KLAY), Polygon (MATIC), and TerraClassicUSD (USTC). Klaytn (KLAY) is up more than 25% to $0.18, while MATIC is up more than 6% to $0.88. At the same time, USTC has surged more than 6% in the last 24 hours. Top Altcoin Gainers and Losers - Source: Coin360  In the last 24 hours, the price of The Chain (XCN) has dropped by more than 3% to $0.05. The price of Axie Infinity (AXS) has dropped more than 2% to around ...