Market highlights November 5: BTC with slight losses, CRO up 20%, Phoenix Global trending

Market highlights November 5: BTC with slight losses, CRO up 20%, Phoenix Global trending
фото показано с : coinjournal.net

2021-11-6 16:07

The crypto market fell to a low of $2.5 billion on Monday, then peaked at $2.8 billion on Wednesday. The total market cap was $2.7 billion at the time of writing. Thursday was bearish for most of the top 20, and Friday has continued this tendency so far. Most top 10 cryptos showed relatively low volatility.

Yesterday, both the SPX500 and NASDAQ100 continued a good run of daily results as the Fed’s more optimistic outlook further excited investors.

Top cryptos

On Thursday, Bitcoin lost 2.35%, closing the day at $61,414. The near-term bullish trend is intact according to FX Empire, supporting a return for the premiere crypto to around $66,000. To form a bearish trend, the biggest crypto would need to fall through the 62% FIB of $27,237.

Cardano and Chainlink lost 3.82% and 2.94% respectively. Ethereum, Binance Coin, Litecoin, and Ripple also sustained minor losses.

This morning, Bitcoin was down by 0.09% to $61,361. The early morning low for Bitcoin was $61,336. The other top 20 coins also saw a bearish start. Ripple lost 0.93% to lead the way down.

To bring the first major resistance level today, Bitcoin would need to move through the $61,727 line.

Top movers

Bitcoin Cash SV and Polkadot started the day strong with gains of 1.65% and 3.37% respectively. Crypto.com’s CRO, which is 27th by market cap, was trading at $0.3127 at the time of writing, up 19.68% in the last 24 hours.

Shiba Inu, which has dropped to 11th by market cap, lost 19.67% in the last 24 hours, bringing its total losses for the week to 34.89%.

The biggest winner in the past 24 hours is Phoenix Global (PHB), which runs on the Neo platform. Phoenix Global has a current supply of 3.7 trillion. It is 57th by market cap, trading at $0.929 at the time of writing, up 3,718% in the past 24 hours and 6,774% so far this week.

Its creators market it as a next-gen enterprise blockchain making agile and scalable consumer apps a reality.

While developed for enterprises, PHB is said to have care for the consumer at its core. It helps people develop and deploy scalable, decentralized consumer apps rapidly and improves the customer experience.

Trending

GreenMoonZilla is a lesser-known coin that’s trending today. It has a fully diluted market cap of $11.2 trillion and gained 642.10% in the past 24h. Its trading volume is $698,000, up 70.83% in the past 24h.

According to its website, GreenMoonZilla (GRM) is supported by the CTO of GRM and its developers have “done some complicated math” to keep their prices right. This includes adding an hourly deflation mechanism for the coins and a smart inflation function in the code, enabling holders to generate a stable income from their tokens and to increase their number at the right time.

The post Market highlights November 5: BTC with slight losses, CRO up 20%, Phoenix Global trending appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market global trending phoenix btc cro highlights

market global → Результатов: 126


Исследование: Прибыль рынка блокчейн-технологий к 2024 году достигнет $16 млрд

В исследовании Global Market Insights говорится, что к 2024 году прибыль рынка блокчейн-технологий достигнет $16 млрд. Драйвером роста рынка децентрализованных технологий станут финансовые организации.

2019-9-21 00:01


IOST partners with Asia co-work space firm JustCo on blockchain project incubator

IOST partners with Asia co-work space firm JustCo on blockchain project incubator - CryptoNinjas IOST, a blockchain network based on the consensus algorithm “Proof of Believability” (PoB), has announced a new partnership with JustCo to unveil the IOST Launchpad, a global initiative to give blockchain founders building on IOST a platform to launch, market and accelerate their growth.

2019-9-18 21:13


Dow Jones in Trouble? Fund Managers Expect Full Blown Recession to Hit in 1 Year

A growing number of fund managers expect a recession to hit the global economy in the next 12 months, casting doubts over the Dow Jones and the stock market. “Recession concerns continue to temper investor risk appetite as 38% of Fund Managers in latest BofAML survey expect a recession over the next 12mths vs 59% […] The post Dow Jones in Trouble? Fund Managers Expect Full Blown Recession to Hit in 1 Year appeared first on CCN.com

2019-9-18 21:00


Fed Likely to Continue Cutting Rates into 2020: Wells Fargo

The stock market took a giant gulp of uncertainty over the weekend, sending the Dow Jones sharply lower on global economic slowdown fears. The attacks on the Saudi Arabian oil fields have roiled stocks and provided another catalyst for the Federal Reserve to slash interest rates, even if monetary policymakers can’t seem to do so […] The post Fed Likely to Continue Cutting Rates into 2020: Wells Fargo appeared first on CCN.com

2019-9-17 19:37


Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat

The Dow might not extend its eight-session winning streak into the new week, but the stock market bellwether is proving its resilience following a historic disruption to the global oil industry. Dow Risks Snapping 8-Day Winning Streak Wall Street’s major indices all incurred losses at the opening bell, but the market’s pullback wasn’t nearly as […] The post Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat appeared first on CCN.com

2019-9-17 16:37


Фото:

Bitcoin Looks Attractive As Negative-Yielding Debt Crosses $17 Trillion

Global negative-yielding debt is now over $17 trillion, making investors extremely nervous. And it is forcing them to focus on non-traditional assets, like bitcoin. Investing in Debt and Holding it to Maturity Guarantees a Loss Investors are becoming increasingly fearful as they see that the soaring negative-yielding debt is altering the global economy.

2019-9-2 21:52


ABI Research: Global Blockchain Revenues Set To Do Over $10 Billion by 2023 Despite 2018 Lows

According to a market research conducted by a tech-based firm ABI Research, global revenues raised for blockchain technology are set to hit the $10 billion mark by 2023. The report states that investment in the sector is on the rise, although the number of ICO’s has lessened due to regulatory measures. ABI states that venture […]

2019-8-28 22:28