Today, the prices of cryptocurrencies are down after showing significant increases in recent trading sessions, which is evident from the latest market charts.
Crypto prices today are in the red after experiencing some recent gains, which the latest market data clearly shows. Many experts were predicting a positive “Uptober” rally in the crypto market. Historically, October tends to be a good month for cryptocurrencies, although it’s important to remember that past performance doesn’t guarantee future results. Investors often look to these patterns for insights into market sentiment and other related factors.
In today’s crypto prices, Bitcoin’s price dropped by 1.01% to $34,079.70 on October 25, with its 24-hour trading volume down by 22.25% to $35.79 billion. Despite this recent dip, it had risen by 19.48% over the past week and reached a high of $35,150.43 during the week.
The second-largest cryptocurrency, Ethereum, saw a 1.42% decrease to $1,790.58, and its 24-hour trading volume fell by 22.19% to $12.86 billion. Meanwhile, Binance Coin (BNB) dropped by 1.51% to $227.16, with a 24-hour trading volume down by 24.02% to $533.95 million.
On a brighter note, XRP’s price increased by 1.66% to $0.5552. However, meme cryptocurrencies didn’t perform well today, with Dogecoin down 2.84% to $0.06611 and Shiba Inu down 1.12% to $0.000007427.
The overall crypto market cap declined by 1.21% to $1.25 trillion, and the market’s trading volume decreased by 13.69% to $69.49 billion. The fear and greed index, indicating market sentiment, was at 71, suggesting a “greed” sentiment among investors.
Here are the top 4 cryptocurrencies for today:
1. Pepe Coin: It decreased by 3%. Over the past 24 hours, the price of Pepe Coin went down by 2.86% to $0.0000009552, and its trading volume dropped by 5.24% to $304.77 million. Despite this recent dip, the meme coin has actually gone up by more than 51% in the past week.
Pepe Coin Chart
2. Conflux (CFX): It surged by 16%. The Conflux price experienced one of the top gains on October 25, rising by 16.07% to reach $0.1511 at the time of this report. Additionally, its trading volume increased significantly by 537.49% to $296.49 million. This price surge appears to be connected to Conflux’s recent expansion announcement in the UAE.
Pepe Coin Chart
3. Mina (MINA): It soared by 17%. Mina’s price saw an impressive gain of 17.12%, trading at $0.7211 when this report was written. Moreover, its trading volume in the last 24 hours skyrocketed by 1893.70% to $1.96 billion. The increase in MINA’s value seems to be related to the announcement that UpBit, South Korea’s largest exchange, is adding a Korean fiat currency trading pair for MINA on its platform.
MINA Chart
4. Chainlink (LINK): It jumped by 12%. Chainlink has been drawing attention from investors recently due to its positive momentum. Despite a broader market decline, the Chainlink price increased by 12.09% to $11.52 on October 25.
Chainlink Chart
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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