Bitcoin Seasonality Provides Hope For Bitcoin Bulls
The crypto market has dropped below $1 trillion again, as Bitcoin (CRYPTO: BTC) nears towards the local bottom of $17,600. On chain analytics also demonstrate bearish sentiment among market participants.
New Gold Inc (NYSE: NGD) shares gained more than 10% on Friday after the company reported a third-quarter earnings beat, but at least one analyst remains skeptical of the gold producer’s long-term upside.
Gainers
Casper Sleep Inc. (NYSE: CSPR) shares climbed 87.1% to $6.64 after the company agreed to be acquired by Durational Capital Management. The company also reported Q3 earnings results.