The major cryptocurrencies are trading as globally mixed at the time of writing cryptocurrency The market cap increased marginally by 0.06% to $1.2 trillion.
| coin | 24 hours | 7 days | Price |
|---|---|---|---|
| Bitcoin BTC/USD | 0.2% | -0.9% | $28,088.43 |
| ether ETH/USD | -0.9% | 3.7% | $1,882.56 |
| Dogecoins DOGE/USD | -6.3% | 14.6% | $0.086 |
| cryptocurrency | 24-hour % change (+/-) | Price |
|---|---|---|
| Terra classic (LUNK) | +6.4% | $0.00013 |
| Manufacturer (MKR) | +4.4% | $718.70 |
| Kasper (CSPR) | +4.2% | $0.043 |
See also: How to Buy Bitcoin with eToro
Why it matters: Bitcoin was trading in the green while Ethereum was in the red as of 9:16 p.m. EDT Thursday.
“Bitcoin seems to be waiting for the right time to shine. As a plethora of markets close, we’ll see if traders will try to take advantage of the one market that trades 365 days a year,” he said Edward MoyaSenior Market Analyst at OANDA.
Moya said that the Apex coin has remained near the “upper limits of its trading range and could see a good chance of breaching $30,000 over the weekend if some of its derivatives are not actively traded.”
“If the [Non-Farm Payroll] Massively missing the report and supporting the idea that the economy is in worse shape, we could see this bring a big boost to crypto,” Moya said.
The NFP report is due out Friday at 8:30 a.m. EDT, but US stock markets are closed because of the Good Friday holiday.
Economists expect that 239,000 payslips are added. The figure will follow hotter-than-expected prints in February when the US added 311,000 jobs, up from economists’ estimates of 200,000.
Michael van de Poppe said Thursday that jobless claims could come in higher than expected. The cryptocurrency trader said that unemployment would likely come in at 3.7%-3.8% as the impact of the monetary…
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