Sign Up on MEXC
The crypto prices today were in the red, after witnessing a notable rise in recent sessions, as evidenced by the latest market performance. As many experts have anticipated, the recent positive momentum of the crypto market suggests a “Uptober” rally.
Historically, it is seen that the crypto market tends to perform well in October, as compared to the other months of the year. Although past performance never guarantees the future stance of the market, investors generally consider that for more cues on the market sentiment and other related factors.
In crypto prices, Bitcoin price was down 1.01% to $34,079.70 on Wednesday, October 25, while its volume over the last 24 hours decreased by 22.25% to $35.79 billion. However, despite the latest slump, its price soared 19.48% over the past seven days, while touching a high of as much as $35,150.43 this week.
On the other hand, the second largest crypto by market cap, the Ethereum price plummeted 1.42% to $1,790.58, while its volume from yesterday fell 22.19% to $12.86 billion. Simultaneously, the BNB price witnessed a slump of 1.51% to $227.16 as of writing, and its one-day volume fell 24.02% to $533.95 million.
In contrast to the recent slump in the major crypto prices, the XRP price gained 1.66% to $0.5552. However, the scenes in the meme crypto segment were not very positive today. The Dogecoin price was down 2.84% to $0.06611, while the Shiba Inu price dropped by 1.12% to $0.000007427 during writing.
The slump in the major crypto prices has dragged down the overall crypto market cap by 1.21% to $1.25 trillion. Meanwhile, the volume of the crypto market decreased by 13.69% to $69.49 billion. The fear and greed index was at 71 during writing, suggesting a “greed” sentiment in the market.
Also Read: SEC Charges BlackRock Over False Investment Data
The Top 4 Cryptos For Today Are
Pepe Coin Dips 3%
The Pepe Coin price was down 2.86% over the past 24 hours to trade at $0.0000009552, while its volume fell 5.24% to $304.77 million from yesterday. Meanwhile, despite the recent drop in its price, the meme coin has managed to add over 51% in its price over the past week.
Conflux (CFX) Surges 16%
The Conflux price was among the top gainers on October 25, witnessing a surge of 16.07% to trade at $0.1511 during writing. In addition, the volume of the crypto skyrocketed 537.49% to $296.49 million. Notably, the recent surge in the crypto price seems to be following its recent expansion announcement in the UAE.
Mina (MINA) Soars 17%
The Mina price noted gains of 17.12% and traded at $0.7211 as of writing on Wednesday, while its volume over the last 24 hours rocketed 1893.70% to $1.96 billion. The upswing in MINA’s value seems to be linked to UpBit, South Korea’s largest exchange, announcing to addition of MINA’s Korean fiat currency trading pair on its exchange.
Chainlink (LINK) Jumps 12%
The Chainlink crypto has been on the investors’ radar lately, as witnessed by the positive momentum the crypto has witnessed in recent days. Meanwhile, the Chainlink price showed resilience amid a decline in the broader market and added 12.09% to $11.52 on October 25.
Also Read: Billionaire Bill Ackman Predicts US Recession In Q4
- Coinbase Urges Court to Sanction SEC Over Missing Gensler Texts
- Breaking: $9T BlackRock Plans To Tokenize ETFs Following Bitcoin ETF Success
- Bitcoin’s Bull Cycle May Peak This Month, Peter Brandt Says
- Ethereum Whales Buy $204M ETH Amid Rebound Above $4,400
- SOL Rises as Nasdaq-listed Forward Completes $1.65B Raise For Solana Treasury
- SHIB Price Forecast as LEASH V2 Rollout Expands Cross-Chain — Is a 200% Rally Ahead?
- BNB Price Forecast as Binance–Franklin Templeton Deal Strengthens Path to $1,500
- Pi Network Price Wyckoff Theory Signals a Surge as One Whale Keeps Buying
- ETH Price Prediction As Bitmine and SharpLink Continue ETH Buying Spree- Analyst Predicts $7K Next
- AVAX Price Prediction as Avalanche $1B Treasury Gains Momentum – Is $55 in Sight?
