Crypto Markets Mixed as Jobs Data Looms and SBF Trial Begins
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Major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin saw drops ahead of release of U.S. jobs data, which could influence interest rates.
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Jury selected and trial underway for FTX founder Sam Bankman-Fried, who faces fraud and money laundering charges.
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Analysts see mixed outlooks for Bitcoin - some predict recovery to $29-30K range, while others see continuation of downtrend in bearish flag pattern.
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Top gainer Trust Wallet Token up 6.4% to $0.95; global crypto market cap rises 0.69% to $1.09 trillion.
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On-chain data shows Bitcoin whales accumulating - large wallets added 71,155 BTC ($1.95 billion) in past 6 weeks, nearing pre-crash levels.