Bitcoin and the cryptocurrency world were today anticipating a critical piece of data from the US. The unemployment claims data from the US was just announced. According to the released data, the figure was 217,000, which was in line with expectations. The previous figure was 215,000. It appears that the announced figure met expectations.
Current State of Bitcoin and Cryptocurrencies
After the announcement of the US unemployment claims data, we see that Bitcoin is trading at the level of $66,790 at the time of writing. Bitcoin is moving horizontally today. This situation particularly signifies a potential rise for altcoins.
Ethereum‘s price, which saw the $3,900 level yesterday, is currently at $2,775 at the time of writing. Ethereum also seems to be showing some resting movement today.
Artificial Intelligence Crypto Coins Gain Momentum
Today, we observe that artificial intelligence-focused cryptocurrency projects are gaining momentum and moving towards new highs. For example, FET continues its journey by breaking its all-time record at $2.86 today.
Other artificial intelligence coins are also impressing with their gains today. Cryptocurrencies like PHB, AI, RNDR, and NFP are experiencing increases of over 20 percent.
