Evening recap: No U.S. economic data was released on Saturday. The afterglow of the stronger-than-expected nonfarm payrolls report is still being felt, with the probability of a 25 bp rate hike in December at around 77%. BTC held above 75,700 during the day, while ETH stayed near 2,240. Weekend trading volumes were subdued.
BTC $75,756; upside reference: 77,700; downside references: 75,600 / 74,762. ETH $2,238; upside reference: 2,300; downside references: 2,200 / 2,100.
Tomorrow to watch: U.S. stock market performance at Monday’s open, market pricing for a rate hike ahead of the November 10 CPI release, and whether BTC can hold above 75,600.
Data is based on Coinbase spot prices and is for reference only, not investment advice.
BTC $75,756; upside reference: 77,700; downside references: 75,600 / 74,762. ETH $2,238; upside reference: 2,300; downside references: 2,200 / 2,100.
Tomorrow to watch: U.S. stock market performance at Monday’s open, market pricing for a rate hike ahead of the November 10 CPI release, and whether BTC can hold above 75,600.
Data is based on Coinbase spot prices and is for reference only, not investment advice.