Today will be an important day for many cryptocurrencies, as bitcoin and altcoin prices remain sideways. Here are the developments throughout the day…
What will happen today for 13 altcoins
- OKX launches flexible staking product for XRP and Shiba Inu (SHIB).
- MapMetrics (MMAPS) will hold a question and answer event today.
- The conference, named W3N Blockchain, will take place in Estonia from 9-10 December.
- Done Chain (BNI) will launch a new platform for its validators.
- World Mobile Token (WMT) will take a screenshot of the balances of early staking people. Then he will distribute the prizes.
- MEXC Global lists AptosLaunch Token (ALT) in USDT pair at 15:00 CET.
- SXP (SXP) will hold a question and answer event via Telegram. The event will start at 18 CEST.
- Polkadot (DOT) will hold a question and answer event on Reddit. The event will start at 17 pm.
- Orbs (ORBS) will hold a question and answer event with Guarda Wallet. The event will start at 16 CEST.
- BENQI (QI) will hold a question and answer event on Twitter Spaces. DappOS will also participate in the event.
- RUBY (RUBY) will hold a question and answer event with SKALE.
- Nervos Network (CKB) will hold a question and answer event on Youtube.
What is the latest situation in the market?
Crypto markets have to contend with US PPI data today, followed by CPI and FOMC next week, but at the time of writing, Bitcoin is holding above the $17,200 level, giving hope for bullishness. A high timeframe candle close above $17,500 could reverse the rise of June 2022 lows and return to a five-month trading range.
On the other hand, Ethereum (ETH) has achieved an increase of 4 percent, according to Cryptokoin.com data. The leading altcoin is changing hands at $1,208. Bitcoin and Ethereum turned green on a weekly basis as well. On the other hand, major cryptocurrencies with market capitalization such as BNB, XRP, DOGE are also showing slight increases. Time will determine how we will see price movements in the long run.
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