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Reading: October 20 Cryptocurrency Markets Latest Situation, Altcoins Comment
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EdaFace Newsfeed > Latest News > Altcoin News > October 20 Cryptocurrency Markets Latest Situation, Altcoins Comment
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October 20 Cryptocurrency Markets Latest Situation, Altcoins Comment

vitalclick
Last updated: October 20, 2024 8:29 am
5 months ago
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King cryptocurrency The unit continues to find buyers above $68,000 at the weekend. Of course, volumes are down significantly. Although it is common for BTC and altcoins to lose volume during the holidays, it is nice that prices did not drop at the same pace as in previous weeks. So what’s the latest situation in crypto?

Bitcoin Latest StatusAltcoins Comment

Bitcoin Latest Status

The US Presidential elections are almost 2 weeks away and cryptocurrency investors are excited. Although Harris appears to be leading the election on Reuters and other sources, she is on crypto prediction platforms. trump has made a big difference. Speculative crypto markets also introduce themselves to us by comparing survey data and forecast rates.

Although Kamala Harris is leading the election, according to real-world data, there is the potential to take a moderate approach on cryptocurrencies. This means that neither option may be bad for crypto.

It will be great if Trump wins, and it won’t be so bad for crypto if Harris wins. Therefore, we will continue to see the effects of events that will affect the fate of the election on prices. BTC It holds above $68,000 due to the fact that both possibilities of the upcoming elections are positive.

The current outlook shows that there may be a new attempt towards $73,777 in the coming days.

Altcoins Comment

last 7 days crypto- It was active for the money in general. dogecoin $0.14477 (DOGE) returned to $0.14 after a long time. ApeCoin was one of the altcoins that marked the week and experienced an increase of nearly 70 percent. With the increase in the last 24 hours, it exceeded $ 1.2. Altcoins such as ENA, MEW, WLD are also experiencing double-digit increases.

Volumes fell 40 percent today, falling to $41.6 billion. The total market value of all cryptocurrencies is 2.34 trillion dollars. Altcoins such as TAO, POPCAT, SEI lost between 11% and 17% in the last week after bringing good gains.

If the BTC price retests the ATH point in the coming days, we may see double-digit movements in many altcoins. SHIB And DOGE The fact that assets such as these are performing better than the market average these days may indicate a possible permanent recovery.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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