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Today’s edition of OKEx Insights’ Crypto Market Daily covers Bitcoin, Ethereum, altcoins and DeFi.
It has been a strong week for the cryptocurrency market and, particularly, the market leader.
The price of Bitcoin ( BTC) is up 0.8% over the past 24 hours and is now trading at 12,909 USDT on OKEx. The first and foremost cryptocurrency has seen gains of 12.4% since this time last week. Altcoins are also performing well, with Ether (ETH) and Chainlink (LINK) up 3.9% and 4.9%, respectively.
The total cryptocurrency market capitalization has risen another 2.2% to $400 billion, according to data from CoinGecko. With altcoins finally catching up to BTC, the market leader’s dominance has decreased slightly to 59.8%.
In traditional markets, both European stocks and United States futures have risen this morning. However, the S&P 500 is currently facing the closure of its worst week in October.
Top altcoin gainers and losers
- TCT/USDT +26.09%
- AAVE/USDT +18.83%
- CVP/USDT +14.52%
- ROAD/USDT -21.65%
- HDAO/USDT -23.44%
- LMCH/USDT -42.92%
ROAD has managed to break its streak of being the worst performer on OKEx but is still on today’s list of losers. On the flip side, AAVE is on the winner’s list for the second day in a row.
Visit https://www.okex.com/ for the full report.
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ETH finally breaks out as BTC consolidates before the weekend was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.