Crypto Market is Turbulent: Here are the Winners and Losers of the Day!

There are busy times in the crypto market today. However, investors are following the developments carefully.
 Crypto Market is Turbulent: Here are the Winners and Losers of the Day!
READING NOW Crypto Market is Turbulent: Here are the Winners and Losers of the Day!

There are busy times in the crypto market today. However, investors are following the developments carefully. The total value of the global crypto market remained at $2.34 trillion, the same as yesterday. However, transaction volume decreased by 3% to $89.53 billion. As Kriptokoin.com, let’s take a look at the latest price movements of the prominent cryptocurrencies in the first days of November.

Leading Cryptocurrency Bitcoin and Ethereum Prices Today

Bitcoin reached $69,675, a slight increase of 0.5% in the last 24 hours. The lowest and highest values ​​during the day ranged between $68,803.31 and $71,559.02. Additionally, BTC’s market cap increased to $1.38 trillion and its market dominance increased by 0.10% to 58.94%. According to Sosovalue data, there was an outflow of $54.94 million from spot Bitcoin ETFs on November 1. Fluctuations in BTC price worry investors. However, a positive scenario will lead the price to rise up to $73,750. On the other hand, if things turn around, the crypto could drop to $66,000.

Ethereum rose a small 0.13% on the day to $2,503. Additionally, the price range fluctuated between $2,482.63 and $2,583.78. Ethereum’s market value increased to $301.64 billion. On November 1, there was an outflow of $10.93 million from spot Ethereum ETFs. The $2,530 support level for ETH price is an important confidence point for investors. If it can hold this level, the price will see a rise towards $2,800. However, if the bears take over the market, the price of the cryptocurrency will drop to $2,200.

Solana and XRP Prices Today

Solana (SOL) has had a very active 24 hours and is currently trading at $167. Additionally, the lowest and highest prices during the day were recorded as $164.03 and $173.85. Solana’s market value remained stable at $78.6 billion. Cryptocurrency may push the $200 level in November.

XRP dropped around 1% in the last 24 hours to $0.5147. The price range during the day was between $0.5093 and $0.5234. Additionally, the market value of XRP is at $29.27 billion. The news of 900 million XRP carried by Ripple in recent days attracted the attention of investors. This news created a movement in the markets. If the bulls dominate the market, the price will test the $0.560 resistance. However, if the selling pressure increases, there will be a pullback to $0.480.

Winning and Losing Cryptocurrencies of the Day

Raydium (RAY) gained more than 15% in the last 24 hours, rising to $3.56. Low and high prices during the day ranged from $3.02 to $3.59. Cardano (ADA) rose 6% to $0.3619. Monero (XMR) was also up 5% at $159.

On the other hand, Immutable (IMX) fell 6% to $1.09. Optimism (OP) lost 6% to $1.51. Artificial Superintelligence Alliance (FET) fell 5% to $1.23. The downward trend in cryptocurrency markets continues.

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