Trending in the crypto world 01 November 2024
Nov 01, 2024, 08:56 PM
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Trending in the Crypto world for November 1, 2024!
Top 10 Trending 🚀:
Top 10 Trending 🚀:
- $BTC #Bitcoin +1.08% (Current Price: $69,348.59)
- $GRASS #Grass +23.73% (Current Price: $1.28)
- $SOL #Solana +1.72% (Current Price: $166.73)
- $SUI #Sui +1.19% (Current Price: $2.00)
- $ETH #Ethereum +0.04% (Current Price: $2,520.35)
- $DOGE #Dogecoin +0.76% (Current Price: $0.1614)
- $TIA #Celestia +7.48% (Current Price: $4.50)
- $PEPE #Pepe +1.39% (Current Price: $0.00008967)
- $GOAT #Goatseus Maximus +7.42% (Current Price: $0.5611)
- $KAIA #Kaia +5.14% (Current Price: $0.1351)
Fear/Greed Index: 74 (Greed) 📈
Top 5 Gainers:
Top 5 Gainers:
- $TROY #TROY +129.76% (Current Price: $0.002851)
- $IMX #Immutable +20.32% (Current Price: $1.13)
- $MASK #Mask Network +20.88% (Current Price: $2.77)
- $TIA #Celestia +19.85% (Current Price: $4.50)
- $DOGE #Dogecoin +19.22% (Current Price: $0.1614)
Top 5 Losers:
- $XRP #XRP -0.15% (Current Price: $0.516)
- $EGLD #MultiversX -0.13% (Current Price: $23.31)
- $ETH #Ethereum -0.04% (Current Price: $2,520.35)
- $BTC #Bitcoin -1.08% (Current Price: $69,348.59)
- $SOL #Solana -1.72% (Current Price: $166.73)
Crypto News Brief
Crypto ETFs see big inflows ahead of U.S. election, traders brace for volatility
Investors are pouring money into Bitcoin-tracking ETFs ahead of the U.S. elections, anticipating a possible win by Republican Donald Trump. An influx of $917.2 million was recorded on Wednesday, marking the largest single-day increase since March. BlackRock's iShares Bitcoin Trust ETF saw its highest one-day net flows since its January launch, totaling $872 million. Bitcoin prices rose by approximately 12% in October, fueled by optimism over Trump's potential second term and its pro-crypto implications. Despite polls showing a close race between Trump and Democrat Kamala Harris, betting markets give Trump higher odds of victory. Futures markets suggest significant volatility, with expected daily fluctuations of about 3.7% until November 8. Open interest in crypto derivatives reached a record $43.61 billion, indicating active market participation. However, derivative activities suggest that traders expect volatility to decrease and Bitcoin to rise post-election.Â
#Crypto #Trending #Bitcoin #Ethereum #Altcoins
Crypto ETFs see big inflows ahead of U.S. election, traders brace for volatility
Investors are pouring money into Bitcoin-tracking ETFs ahead of the U.S. elections, anticipating a possible win by Republican Donald Trump. An influx of $917.2 million was recorded on Wednesday, marking the largest single-day increase since March. BlackRock's iShares Bitcoin Trust ETF saw its highest one-day net flows since its January launch, totaling $872 million. Bitcoin prices rose by approximately 12% in October, fueled by optimism over Trump's potential second term and its pro-crypto implications. Despite polls showing a close race between Trump and Democrat Kamala Harris, betting markets give Trump higher odds of victory. Futures markets suggest significant volatility, with expected daily fluctuations of about 3.7% until November 8. Open interest in crypto derivatives reached a record $43.61 billion, indicating active market participation. However, derivative activities suggest that traders expect volatility to decrease and Bitcoin to rise post-election.Â
#Crypto #Trending #Bitcoin #Ethereum #Altcoins