Briefly about the trends for the week from November 4 to 10, 2024:
1. Bitcoin (BTC)
$BTC starts the week with stability in price after recent corrections related to macroeconomic events. Given the upcoming US presidential election, analysts expect increased volatility. BTC can fluctuate within 10% in either direction depending on the election results.
According to Cointelegraph and Investing.com
2. Ethereum (ETH)
$ETH shows a recovery trend after recent declines. According to technical analysis, the potential recovery is due to stable trading volumes and positive demand growth indicators for Ethereum-based DeFi and NFT projects.
According to Cointelegraph.
3. New perspective projects
Among the new projects, it is worth highlighting the Legend of Arcadia (LoA) token, which is interesting for its concept of integrating gamified card games with the blockchain, as well as innovative approaches to user interaction in the Web3 environment.
According to Investing.com
You and I always remember the principle of DYOR "Do Your Own Research", so we take reasonable risks and understand that the result may not be what we want!
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