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Crypto Market – November 1, 2022

The cryptocurrency market recovered its gains on Tuesday. Dogecoin’s volatility and oscillations persisted after Elon Musk bought up Twitter.

Falling money supply growth is a positive sign for Fed development. Tuesday’s trading was unchanged for the top two cryptocurrencies by market size, but they were still trading far above their most recent support levels.

Over the last 24 hours, the price of Bitcoin (BTC) has fluctuated between $20,327 and $20,695. At 08:00 PM (UTC) today, BTC is up 0.40% to $20,447 in price.

  • Market Cap: $2,381,938,001,713.97
  • 24h Vol: $78,065,829,375.20
  • BTC Dominance: 50.79%

All cryptocurrencies are worth $1.05 trillion, down 0.7% from yesterday and 61.8% from today. Bitcoin’s (BTC) market capitalization is $391 billion, giving it 37.1% domination. Stablecoins are valued at $146 billion, or 13.93% of the cryptocurrency market.

The prices of popular crypto tokens increased. BNB gained more than 7%, Dogecoin gained 5%, Avalanche 4%, and Shiba Inu 3%.

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