During the early European session, the cryptocurrency market was slightly bearish, with the global crypto market cap falling from $936 billion to $933 billion. Despite a slowdown in the crypto market, leading crypto coins like Bitcoin and Ethereum prices are experiencing choppy sessions.
McGlone and fellow market strategist Jamie Douglas Coutts shared BI's October cryptocurrency forecast. According to the two analysts' predictions, bitcoin and Ethereum will outperform most assets when the economy changes.
Despite the slowdown in the crypto market, a few altcoins have maintained their bullish momentum. Let us take a look.
QNT has been one of the most active coins in the cryptocurrency market over the last five months. Since its June low of $40, the price has produced eleven consecutive non-consecutive bullish weekly candlesticks.
Sibos, the largest conference in the world devoted to financial services, has also been a recent booster for QNT prices.
Several thousand people, including Quant Network leaders, are expected to attend the conference hosted by SWIFT, which just announced its CBDC concepts.
The price of QNT is likely to be more volatile than usual on October 13 because of their upcoming speech.
Quant Network plans to capture a substantial share of the CBDC market in the future as the only simple and secure platform that offers straightforward connectivity to any DLT globally.
When nations like Australia, India, and Norway announce the launch of their own CBDC programs, the company will already have the requisite knowledge to deal with state cryptocurrencies, thanks to joint experiments with the Bank of England on the digital pound.
Today's live Quant price is $155.26, and the 24-hour trading volume is $94 million. In
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