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October 18th, 2021: Bitcoin and Ethereum prices continue to fluctuate
Bitcoin surged to the highest it has been this month on Monday after asset managers suggested that they might release a Bitcoin futures ETF as early as October 18th. Bitcoin is back in the news, topping $6200 (presumably for the first time since April) on news that the Securities and Exchange Commission might approve a bitcoin futures exchange-traded fund soon. The regulator, however, had not approved the creation of bitcoin futures ETF as of now
Bitcoin prices jumped 1.97% in the last 24 hours to $62,150.63 on October 18th, according to Coinmarketcap. The popular cryptocurrency rose 12.48% in the week ending October 17th, when it was worth $61,504. Bitcoin has been having a lot of success in this bull market in the last couple of weeks and that’s great for Bitcoin and cryptocurrency enthusiasts. Bitcoin reached the $63,000 point near the end of October as people speculated that it will be available soon. Bitcoin broke out of the channel last week. We expect it to continue this momentum this week. The next resistance is expected at $63,000.”
Today’s top 10 cryptocurrency price
|#||Name||Price||Changes 24H||Market Cap||Volume 24H||Available Supply|
|1||(BTC)||$61,802.83||1.83%||$1.18 T||$34.01 B||18.85 M BTC|
|2||(ETH)||$3,828.72||-1.61%||$456.17 B||$18.00 B||117.97 M ETH|
|3||(BNB)||$470.90||0.45%||$79.84 B||$1.63 B||168.14 M BNB|
|4||(USDT)||$1.01||0.32%||$70.29 B||$54.99 B||69.84 B USDT|
|5||(ADA)||$2.15||-1.33%||$69.37 B||$1.50 B||32.07 B ADA|
|6||(XRP)||$1.09||-3.96%||$51.39 B||$4.69 B||46.88 B XRP|
|7||(SOL)||$158.96||-4.64%||$48.31 B||$1.86 B||300.43 M SOL|
|8||(DOT)||$42.66||1.09%||$44.92 B||$1.84 B||1.04 B DOT|
|9||(USDC)||$1.00||0.04%||$33.10 B||$2.17 B||32.82 B USDC|
|10||(DOGE)||$0.25||4.73%||$32.38 B||$1.71 B||131.75 B DOGE|
October 12th, 2021: These “top-ten” tokens lost between 5% to 9% of their value
Most cryptocurrencies extended their weakness on Tuesday, with most prices lower at 9.30 hours IST. All other 9 out of the top 10 cryptocurrencies were lower at 9.30 hours IST except Bitcoin which was trading higher by 7%. Bitcoin had a small increase of 1.06% and was marginally ahead of the other coins, which lost between 6 and 10% each over the week.
The global crypto market cap dropped by as much as 1% to $2.30 trillion, today. The total crypto market volume has increased by 7% and is now worth $105.63 billion.
Ethereum, the second-largest cryptocurrency by market capitalization, has been been on a high lately.
Bitcoin’s price has been surging in recent weeks, with it currently at $57,000. It is predicted that its price will continue to rise close to the all-time high reached earlier this year.
“Bitcoin has been going up for a while and it recently skyrocketed, increasing by over 30% this October. After a lot of countries have recovered from the recession and many others are on their way back to being stable, Bitcoin’s rise could indicate that people are confident in the global economy.” the CoinDCX research team said.
October 7th, 2021: Bitcoin rally continues – Dogecoin & Cardano were at their peak price today, but the Ethereum price rose even more
Ether, Binance Coin, Solana, and Dogecoin have appreciated in price by a significant amount in the past seven days.
Bitcoin prices have surged by more than 32% in the past seven days, rising to their highest level this year. This has happened after mounting institutional interest was observed lately. Bitcoin surged above $55,000 on Wednesday and has continued to rise today.
Other cryptocurrencies were mostly trading in the red over the last 24 hours. Ether is slipping below $3,551 at the moment. Other currencies or tokens such as Cardano and XRP are also down in price. However, Stellar is up almost 9% and Shiba Inu has increased by 78%.
According to crypto exchange data, Bitcoin trading volumes are two-thirds larger than Ethereum’s. This is thanks in large part to the fall in demand for Ethereum tokens with tokens like Ether, Binance Coin & Solana on the rise. Dogecoin has seen some of the largest growth in recent days.
The Bitcoin rally was in response to China’s ban on cryptocurrency transactions and El Salvador’s legal tender debacle. Bitcoin has been going up steadily this year and just about reached a new high. It’s still a long way from its peak of almost $65,000 though.
Ocober 6th, 2021 Bitcoin, Dogecoin and Ethereum are showing strength on the markets today, all up by 5%!
A majority of cryptocurrencies extended their gains on Wednesday as investors continued to buy digital tokens after consolidation.
Out of the top 10 cryptocurrencies, only Cardano, Solana and Pulokadot were lower at 9.30 hrs IST, with Bitcoin, Dogecoin, and Ethreum gaining up to 5%
The global crypto market cap was up by around three percent to $2.22 trillion when it came to the last day. That said, the total crypto market volume jumped about 4 percent to $110.80 billion in comparison to the last day.
Bitcoin, the world’s most popular cryptocurrency by market value, rose above the $50,000 mark on Tuesday. This is the currency’s first time breaking past that level in four weeks.
Crypto markets were temporarily recovering in the third quarter of this year with sales volumes of Non-Fungible Tokens (NFTs) surging to $10.7 billion. With the game frenzy reaching new highs, NFTs account for more than 8x of total quarterly volume after failing to maintain their top positions in previous quarters following the crypto-market meltdown that took place.
In the meantime, demand for digital coins in India is helping to make a region spanning central and southern Asia and Oceania one of the fastest-growing cryptocurrency markets globally. For example, Chainalysis reports that more than a billion people in these regions have already entered the world of digital assets.
October 1st 2021 – The crypto market was flat on Friday amid growing investor fears. Volatility in the global market is also contributing to the worries of investors when trading with cryptocurrencies.
The top cryptocurrencies are trading with mixed trends and little has changed since this morning. Bitcoin & Binance Coin were among the winners today, whereas Ethereum, XRP, and Cardano lost around 1% each.
The total crypto market cap increased marginally to $1.92 trillion, but the total crypto market volume decreased by about 12%.
The last 24 hours saw significant swings in the cryptocurrency market’s value. Edul Patel, CEO, and Co-founder of Mudrex, said that markets will remain volatile for the next 24 hours.
Cryptocurrencies continue to flourish, and the increased regulatory tightening won’t change that. We’re still bullish on cryptocurrencies and we encourage people to buy more of them.
On October 31st, Bitcoin will turn 13. Cryptocurrency seems to grow more and more every day. One of the best things about it is the introduction of blockchain technology.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.