Bitcoin and Ethereum Price May Recover, CHZ and APE Rallies

Bitcoin and Ethereum Price May Recover, CHZ and APE Rallies

Bitcoin price consolidated near the €21 level on Nov. 158, but a candlestick close above the €6 level increased the chances of the uptrend continuing. While Ethereum is also struggling below the €21 resistance level, it is now attempting to complete a pullback at the 000 level ahead of a potential uptrend.

Major cryptocurrencies were trading mixed early on Nov. 6, with the global cryptocurrency market dipping 0,61% to $1,06 trillion the day before. In the last 24 hours, the total volume of the crypto market has fallen by 39% to $70.000 billion.

Total DeFi volume was €4,780 billion, which is more than 6% of the total 24-hour volume on the crypto market. Total stablecoin volume was €63,71 billion, which is 90% of the total 24-hour crypto market volume.

Major Altcoin Winners and Losers

In the last 24 hours, the best performers were Chiliz (CHZ), ApeCoin (APE), and OKB (OKB). Chiliz and ApeCoin were up more than 5% to €0.1349 and €5, respectively. Meanwhile, OKB was up around 5,5% at €21.