cryptocurrency We have now moved to the days when big news for the markets will have a strong reflection on the charts. For the last two quarters, very big news could not find any response on the price chart. But now even futures listings are opening the door to double-digit gains.
Why is RAY Coin Rising?
coinbase Global announced today that it will launch Ray Coin futures on November 14. With the announcement altcoin price increased. The altcoin, which experienced a significant rise yesterday, rose 56% in just 2 days. This performance was beyond gains achieved by most cryptocurrencies.
With the listing to be held on November 14, a second wave of rise may be seen depending on the general market sentiment. Since the general expectation for the coming months is strong, we may not see a rapid reversal of the 2-day rise with strong profit sales.
Bitcoin $75,017 Its price is $75,894 at the time of writing. Climbing up to $76,400 yesterday, BTC set the new ATH level. Volatility may increase further in the coming minutes, as the statements coming from the Fed hours later will give signals about the rate of interest rate reduction.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.