The global crypto market gained marginally on Monday. The total market cap was up by 0.34 per cent to $2.29 trillion, while the total trading volume was up by 3.14 per cent to $49.41 billion.
Bitcoin BTC was the most trending cryptocurrency. It was up by 0.72 per cent to $67,616.92. Its 24-hour trading volume was $18.34 million.
Elsewhere, Mantra OM was the top gainer. It was up by 32.44 per cent. Its 24-hour trading volume was $64.34 million, while cat in a dogs world MEW was the top loser. It was down by 7.05 per cent. Its 24-hour trading volume was $143.82 million.
DeFi was up by 0.26 per cent to $3.36 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "On October 25, sellers attempted to drive Bitcoin below the 20-day exponential moving average of $66,201, but buyers maintained support, indicating positive market sentiment. For upward momentum, buyers need to push Bitcoin above $69,550, with significant resistance at $70,000, potentially leading to a target of $72,000. Conversely, a close below $65,000 would shift momentum to the bears, risking a decline to the 50-day simple moving average at $63,259, and crucial support at $60,000. The 4-hour chart shows flattened moving averages and an RSI near the midpoint, reflecting a balance in supply and demand."
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 0.72 per cent to $67,616.92. Its 24-hour trading volume was $18.34 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 57.5 per cent.
Ethereum: Ethereum ETH was down by 0.08 per cent to $2,477.16 from the previous day. Its 24-hour trading volume was $10.97 billion. Ethereum’s market dominance was 13.3 per cent.
Tether: Tether USDT was trading at $0.9987. It was down by 0.01per cent. Its 24-hour trading volume was $37.39 billion. It was ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was up by 1.22 per cent to $173.82. Its 24-hour trading volume was $2.56 billion.
Avalanche AVAX was trading at $25.16, down by 1.44 per cent. Its 24-hour trading volume was $127.71 million.
Cardano ADA was down by 0.23 per cent to $0.3325 from the previous day. Its 24-hour trading volume was $170.85 million.
Meme Coins
Dogecoin DOGE was up by 4.57 per cent, with a 24-hour price of $0.1444.
Shiba Inu SHIB was down by 0.64 per cent to $0.00001691.
Decentralised Finance
DeFi coin was trading at $0.01915, up by 2.09 per cent.
Yearn.Finance YFI was up by 0.33 per cent to $4,677.84 in the last 24 hours. Its 24-hour trading volume was $11.66 million.
