TipRanks
2022-11-20 20:18:00

Cryptocurrencies to Watch for the Week of November 20

Most of the major cryptocurrencies ended the previous trading week pretty much unchanged. Bitcoin (BTC-USD) fell by 1.3% in the last seven days, and the second biggest crypto Ethereum (ETH-USD), is now down by 6.4%. This comes even though it's been two weeks since the FTX disaster, the collapse of the Sam Bankman-Fried (SBF) crypto empire, which is still affecting the markets. The crypto market, however, received a boost of hope last Tuesday, November 15, after fresh data from the U.S. Labor Department's latest PPI (Producer Price Index) report, which came in at 0.2% month-over-month against expectations of 0.4%. This can be seen as a sign that U.S.

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