Crypto Market – October 17, 2022
Investors expect the FOMC to increase interest rates by 75 basis points at its meeting next month and remain cautious until the end of the year.
After a relatively calm weekend, the cryptocurrency market showed no signs of stabilizing. However, within the first few hours of trade, the majority of tokens were trading at a profit. Bitcoin’s price was steady around $19,000 during the day.
Bitcoin (BTC) traded between $19,088 and $19,427 in the last 24 hours. BTC is trading at $19,258 today, up 0.51%.
The worldwide cryptocurrency market cap is $970 billion, down -62.29% from a year ago. Bitcoin’s market valuation is $372 billion, indicating 38.36% domination. Stablecoins’ market value is $148 billion and represents 15.25% of the crypto market.
- Market Cap: $2,491,248,807,392.06
- 24h Vol: $91,943,261,428.16
- BTC Dominance: 50.84%
The majority of cryptocurrency tokens are trading higher on Monday. Cardano +0.89%, Solana +2.41%, Polygon +2.23%, Lido Staked Ether +2.68%, TRON +1.56%, Avalanche +3.26%, and Cosmos +2.48% are all up. XRP is down -1.83%.
- Ethereum $1,317.73
- XRP $0.474834
- Cardano $0.371751
- Solana $30.55
- Polygon $0.82
- Lido Staked Ether $1,311.09
- TRON $0.062552
- Avalanche $16.09
- Cosmos Hub $11.90
$ADA, $AVAX, $MATIC, $SOL, $stETH, $XRP, Bitcoin, COSMOS, Crypto market, Ethereum, Lido, Polygon, Tron