Cryptocurrencies Price Prediction: HFT, Bitcoin & Altcoins – European Wrap 7 November

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Cryptocurrencies Price Prediction: HFT, Bitcoin & Altcoins – European Wrap 7 November
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Hashflow DEX’s token HFT, unlocked 73% of its circulating supply early on Tuesday.

Hashflow price likely to crumble under selling pressure after massive HFT token unlock The massive token unlock event flooded exchanges with Hashflow tokens, likely increasing selling pressure on the asset. HFT price could lose its value further, when entities that received the unlocked tokens begin to shed their holdings.

Week Ahead: Ditch Bitcoin for these altcoins this week likely to be more profitable This week was relatively stable for Bitcoin price despite multiple macroeconomic events. While BTC moved sideways, some altcoins saw a massive uptick in buying pressure. Here’s what to look for this week. Altcoins recharging after rally Crypto market capitalisation rose 0.6% over the past 24 hours to $1.33 trillion as altcoins outperformed, while first cryptocurrency stabilised after a surge two weeks earlier.

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