CandleFocus BTC, EIGEN, KAS: Top cryptocurrencies to watch this week
2024-11-03
Author: Content Editor
The global crypto market experienced a rollercoaster ride, reaching a three-month peak of $2.5 trillion before settling at $2.38 trillion. Bitcoin surged to retest its all-time high above $73,000 before facing a major correction. Other cryptocurrencies to watch include EigenLayer (EIGEN) and Kaspa (KAS), which both saw declines during the week. EigenLayer must overcome a downward channel and close above the 23.6% Fibonacci retracement level to reverse the trend, while Kaspa needs to break through the pivot level and recover its late October high to shift momentum.
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