The major crypto prices today struggled to maintain a positive momentum on on Saturday, October 28, while the overall market has shown some resilience. Meanwhile, the recent fluctuations in the crypto prices could be due to the significant rally the market has witnessed over the past few days.
Meanwhile, in crypto prices, Bitcoin price was down 0.03% to trade at $34,047.77 during writing, while its volume over the past 24 hours plummeted 18.72% to $15.46 billion. However, over the past seven days, the price of the largest crypto by market cap soared nearly 15%.
However, the Ethereum price was up 0.09% to $1,788.19 during writing, and its volume over the last 24 hours declined 34.51% to $7.11 billion. Over the past week, the crypto’s price jumped nearly 12%. The XRP price fell 1.24% to $0.5444, with its volume falling 30% to $987.02 million.
Notably, the Cardano price noted gains of 3.78% to $0.2954. However, the condition in the meme coins segment was gloomy, suggesting that the investors have shifted their focus towards safer assets.
The Dogecoin price noted a decline of 3.65% over the past 24 hours and traded at $0.06849, while its volume in the last 24 hours plunged 50.98% to $435.18 million. In addition, the Shiba Inu price dropped by 0.98% from yesterday to trade at $0.000007736 during writing. Its market volume slipped 51.18% to $131.69 million from yesterday.
Despite a mixed sentiment in the broader market, the global crypto market cap advanced 0.08% to $1.26 trillion, while its volume over the last 24 hours fell 23.92% to $35.8 billion. The fear and greed index in the digital asset market was 71, suggesting a “greed” sentiment among the market participants.
Also Read: SBF Testifies How FTX’s Plan to Sell the Exchange to Binance Failed
One of the most popular meme coins, the Pepe Coin price soared 0.84% to $0.000001207 as of writing on October 28, while its volume over the past 24 hours fell 50.26% to $199.47 million. Notably, over the last seven days, the price of the meme coin jumped nearly 84% at its current price.
The Injective price added 14.07% on Saturday to trade at $13.67 during writing, while its volume over the last 24 hours jumped 82.02% to $154.64 million. The recent gains in the crypto’s price helped it become one of the top gainers in today’s session.
The Neo price has advanced 11.08% and traded at $9.21 during writing, with its market cap soaring 11.07% to $649.88 million. Meanwhile, its volume from yesterday surged 96.48% to $151,54 million. The recent gains in the crypto price follow Da Hongfei, Neo’s Founder, revealing a fresh EVM-compatible sidechain, fortifying Neo’s anti-MEV capabilities for a robust DeFi ecosystem.
The THORChain price noted gains of 8.34% over the last 24 hours and traded at $2.50. It was one of the top movers in today’s session, with its volume declining 26.25% to $104.17 million. Notably, over the last seven days, the crypto price added over 52%.
Also Read: Sam Bankman-Fried Clears Air on Political Donations Saga
The US Fed took a massive step toward broadening access to its payment system, seeking…
Ripple CLO Stuart Alderoty has expressed his support for the proposed CLARITY Act. In contrary,…
Elon Musk's SpaceX finally announced a huge amount of Bitcoin in its long-anticipated SEC IPO…
Senator Cynthia Lummis detailed next steps for the Digital Asset Market Clarity Act. The bill,…
The April FOMC minutes indicate that most Fed officials are likely to support a rate…
WhiteBIT has announced the launch of whitebit.uk, which is a crypto platform for users specifically…