Cryptocurrency markets are holding relatively steady after a few days of rallying, with the global crypto market cap sitting at $853.21B, a 0.18% decrease over the last day.
Bitcoin is down slightly and still failing to break above $17,000, currently hovering below the important resistance at $16,946.86 and down 0.23% over the past 24 hours.
Bitcoin and other cryptocurrencies were falling on Friday, weakening after a stronger-than-expected US jobs report for November , It’s a stark reminder of the relationship between equities and crypto.
The main news today affecting risk asset markets such as stocks and cryptos is the federal jobs report today, which reported better-than-expected U.S. job growth in November with 263,000 jobs in November, 200,000 more than expected. This, in turn, raised fears that the Fed would continue to aggressively raise rates in December.
While this news may not bode well for Bitcoin and other cryptos in the short term, overall there are still plenty of opportunities to invest in high-potential digital assets with strong fundamentals in preparation for the next bull run.
We’ve done the research for you to find these coins with high potential and have compiled a list of five of the best cryptocurrencies to buy today, December 2: D2T, TWT, TARO, LUNC, and RIA.
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