Crypto Market – October 25, 2022
As a result of weak economic signals, the cryptocurrency market is locked in a range. During results sessions, investors continued to monitor the US central bank’s attempts to control inflation.
The economic outlook was marginally brighter, but not enough so to affect bitcoin and other major cryptocurrencies. Bitcoin is valued at $19,000, while Ethereum is comfortably over $1,300.
In the previous twenty-four hours, Bitcoin (BTC) has traded between $19,161 and $19,451. As of 9:00 AM (UTC) today, BTC is trading at $19,294 (-0.24% decrease).
- Market Cap: $2,503,325,375,749.85
- 24h Vol: $98,310,642,772.07
- BTC Dominance: 50.68%
The worldwide cryptocurrency market capitalization is now $979 billion, a change of 1.08% over the last 24 hours and -64.44% over the past year. Bitcoin (BTC) is worth $374 billion on the market right now, giving it a market share of 38.17%. Stablecoins have a market capitalization of $147 billion, accounting for 14.96 percent of the total market capitalization of cryptocurrencies.
The top crypto tokens were trading mixed, though the changes were limited. XRP dropped over 3%, whereas Uniswap dropped more than 3%. Cardano and Polkadot were among the gainers, each gaining up to 1%.
$ADA, $XRP, Cardano, Crypto market, Ethereum, Polkadot, Uniswap