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Reading: Cryptocurrency Market Started the Week Positively! Bitcoin and Altcoins Rise!
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EdaFace Newsfeed > Latest News > Crypto News > Cryptocurrency Market Started the Week Positively! Bitcoin and Altcoins Rise!
Crypto News

Cryptocurrency Market Started the Week Positively! Bitcoin and Altcoins Rise!

vitalclick
Last updated: November 4, 2024 8:44 am
5 months ago
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cryptocurrency market On the first day of the week, it is showing signs of recovery by recovering from its collapse at the weekend. Bitcoin (BTC) $68,287 While rising above the 69 thousand dollar level again, Ethereum (ETH) $2,451Leading altcoins such as , Solana (SOL) and XRP gained around 1 percent. Among the prominent altcoins are Goatseus Maximus (GOAT) and MAGA (TRUMP). Both altcoins rose by 25 percent.

Latest Situation in Bitcoin and Leading AltcoinsInvestors May Change Their Strategies

Latest Situation in Bitcoin and Leading Altcoins

Bitcoinexceeded 69 thousand dollars on the first trading day of the week. EthereumAs it approaches the $2,500 level solana And XRP It also made investors happy with small-scale increases. Bitcoin’s market value rose to $1.37 trillion today. Ethereum had a market value of $298.11 billion. According to Sosovalue data, in the USA spot Bitcoin ETFThere was a weekly inflow of 2.22 billion dollars.

Solana’s market volume was recorded as 76.68 billion dollars. SUI It stood out among the altcoins that made a big debut and brought profits to its investors.

The total value of the cryptocurrency market increased by 0.89 percent and reached 2.3 trillion dollars. Transaction volume increased by 53 percent to 75.4 billion dollars. GOAT And TRUMP The growth in altcoins contributed to strengthening the positive atmosphere in the market.

dogecoin $0.151084 (DOGE) 2.5 percent, Shiba Inu (SHIB) decreased by approximately 1 percent, Pepe Coin (PEPE) and POPCAT makes volatile movements.

Investors May Change Their Strategies

According to Whale Alert data Bitcoin marketLarge-scale whale movements are observed in the However, the slight decline seen on the hourly charts of BTC and ETH led to a more cautious approach among investors. This decline may cause investors to change their strategies.

Experts, cryptocurrency He states that one should be careful about market fluctuations. The general activity in cryptocurrencies encourages investors to be careful and monitor market trends closely.

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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