Bitcoin Price and Ethereum Prediction – Here's Why the US NFP Could Boost BTC by 10% Today
On November 4, the Bitcoin price is consolidating in a narrow trading range of $20,000 to $20,400, ahead of the US non-farm payrolls and unemployment rate. Similarly, the price of Ethereum is stable, fluctuating between profits and losses near $1,548 as investors wait for the big event before placing bets. Major cryptocurrencies traded mixed early on November 4, with the global crypto market up 0.17% to $1.01 trillion on the previous day. In contrast, the total crypto market volume fell 22% in the last 24 hours to $79 billion. The overall volume in DeFi was $5.67 billion, accounting for 7% of the entire 24-hour volume in the crypto market . The entire volume of stablecoins was $72 billion, accounting for 91% of the overall 24-hour volume of the crypto market . For the time being, the market will be looking forward to the announcement of non-farm payroll numbers in the United States on November 4. Crypto Market Recovers Despite Hawkish FOMC and Fed Rate ...