BTC, Pepe Coin, & CAKE Fuel Market Gains
The post BTC, Pepe Coin, & CAKE Fuel Market Gains appeared on BitcoinEthereumNews.com. The crypto prices today have continued to witness a bullish momentum, suggesting a positive sentiment of the market participants in the digital assets space. Although the market moved towards the south on Friday, it quickly regained momentum and continued to move upwards over the weekend. The recent gains in the market indicate that the investors are again putting their bets on the risker assets while regaining confidence in the segment. Notably, the recent positive catalysts like speculations over Bitcoin Spot ETF approval and, the Fed pausing their rate hike plans, among others, have bolstered traders’ sentiment. Crypto Market Prices: An Overview Besides, on Friday, November 3, the US labor market released its October job data, which indicated a noticeable slowdown. This news was lauded by Wall Street, as it suggests that the Federal Reserve might take a less aggressive approach to its monetary tightening policy. In October, the U.S. labor market showed signs of deceleration, with nonfarm payrolls increasing by a modest 150,000, a significant contrast to the robust growth observed earlier in the year. The latest report from the Department of Labor indicated a decline compared to the revised figure of 297,000 in September. Additionally, the unemployment rate experienced a slight increase, moving from 3.8% to 3.9%. Meanwhile, in crypto prices, the largest crypto by market cap, Bitcoin price soared 1.92% to $34,711.01, with its volume falling 20.66% to $15.71 billion. Its market cap rose 0.14% to $677.94 billion as of writing on Saturday. In addition, the Ethereum price noted gains of 1.95% to trade at $1,833.98, with its volume over the past 24 hours decreasing 18.11% to $7.12 billion. The market cap of the crypto rose 1.94% to $220.39 billion. Meanwhile, among other cryptos, the Solana price advanced 6.86% to $41.45 during writing, and its market cap rose…
The post BTC, Pepe Coin, & CAKE Fuel Market Gains appeared on BitcoinEthereumNews.com.
The crypto prices today have continued to witness a bullish momentum, suggesting a positive sentiment of the market participants in the digital assets space. Although the market moved towards the south on Friday, it quickly regained momentum and continued to move upwards over the weekend. The recent gains in the market indicate that the investors are again putting their bets on the risker assets while regaining confidence in the segment. Notably, the recent positive catalysts like speculations over Bitcoin Spot ETF approval and, the Fed pausing their rate hike plans, among others, have bolstered traders’ sentiment. Crypto Market Prices: An Overview Besides, on Friday, November 3, the US labor market released its October job data, which indicated a noticeable slowdown. This news was lauded by Wall Street, as it suggests that the Federal Reserve might take a less aggressive approach to its monetary tightening policy. In October, the U.S. labor market showed signs of deceleration, with nonfarm payrolls increasing by a modest 150,000, a significant contrast to the robust growth observed earlier in the year. The latest report from the Department of Labor indicated a decline compared to the revised figure of 297,000 in September. Additionally, the unemployment rate experienced a slight increase, moving from 3.8% to 3.9%. Meanwhile, in crypto prices, the largest crypto by market cap, Bitcoin price soared 1.92% to $34,711.01, with its volume falling 20.66% to $15.71 billion. Its market cap rose 0.14% to $677.94 billion as of writing on Saturday. In addition, the Ethereum price noted gains of 1.95% to trade at $1,833.98, with its volume over the past 24 hours decreasing 18.11% to $7.12 billion. The market cap of the crypto rose 1.94% to $220.39 billion. Meanwhile, among other cryptos, the Solana price advanced 6.86% to $41.45 during writing, and its market cap rose…
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