Morning European trading day which opened with warm bullish winds for the entire sector led by Bitcoins Yes, but with more interesting ideas found elsewhere anyway. Morning restored BTC dollars on high $17,000the level that will in all probability be the level we will be fighting for today, during the last day of the November which closes a terrible month for the entire sector.
The month we will remember for a terrible crack FTP extension And what it did to the sector in terms of contagion, but also – at least for the most optimistic – for the month in which the sector experienced lower And prove that he is still here and ready to fight.
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Ethereum leads the charge, Bitcoin follows: an overnight sprint for the crypto world
The day it opened in the best possible way at affordable prices for those who have experienced a November nightmareIt would have sounded like science fiction only yesterday. Ethereum Score a rich man +5%And the Bitcoins Follow with equal interest +2.5% And many others in this growing sector. A green wave practically overwhelmed all but BNB dollars.
All within a positive Asian session to Hong Kong But it is definitely more fragile relative to other markets, which is a sign that it may have been a focused bull move in a certain way specifically on the cryptocurrency world and BTC dollars. Interesting qualifiers and top of 70 millionan interesting amount that does not justify the increase and talk about it Short press in complete order.
All this while the sector tries to ignore the effects series than it is About FTXResulting in BlockFi failed which he continues to describe in particularly dark colors Lots of Genesis status as the parent company. In other words, it’s too early to think they’ve left it all behind. But the positive note should still be recorded, precisely during a day that will still be full of important appointments.
SBF talks, FTX talks in Europe, Powell too…
The dates to follow for the crypto day will be different. L’European Union He will have an initial cognitive hearing of what happened a FTP extensionWhile SBF He is expected to speak at the conference you have organized The New York Timesin all likelihood not present, even if more accurate developments and information in this sense are to be expected as well.
Jerome Powell From Federal Reserve He also talked about when he lived in Italy 7.30pmand the entire economic world, not just the cryptocurrency-related world, will listen to try to decipher the next options The strongest central bank And relevant in the world in terms of interest rates.
For data that do not interest international markets at all, but which do interest us Italians and Europeans, we will have data on them Italian third quarter On the one hand Gross domestic product and inflation data European. So a day full of appointments, with encryption and Bitcoins Who will try to fight to stay afloat and then continue the green wave.
Is the worst over? Actually macro conditions It remains the same as the last few weeks. And the road back to a healthy bull market will certainly be a long one.