world’s largest cryptocurrency Bitcoin After touching an all-time high of $66,000 last month, it fell below the $62,000 mark on Friday, October 5. In the past 24 hours, the market capitalization of the altcoin has declined by 0.87 percent on the day. According to data available with CoinMarketCap, at the time of writing this article, one bitcoin was worth $61,363. Bitcoin dominance currently stands at 42.72 percent, down 0.18 percent over the day. Ethereum or Ether, the second largest crypto coinAccording to the crypto monitoring website, there has been a drop of 1.00 percent in the last 24 hours. At the time of writing this article the price of one ether coin was $4,488. Recently, Ether surpassed its previous record of last week and crossed the $4,500 mark.
Meanwhile, the global cryptocurrency market cap stood at $2.71 trillion on Wednesday, November 3. Data from CoinMarketCap shows that it was down 0.31 percent during the previous day. On the other hand, the crypto market volume declined by 8.28 percent during the last 24 hours, said the data available on the website. The total volume of the crypto market where coins were traded in the last 24 hours stood at $124.96 billion at the time of writing this article. Shiba Inu, Solana, Polkadot and Dogecoin also saw cuts. The Shiba Inu also lost its spot in the top 10 list and was ranked 11th after a 5.25 percent drop in the last 24 hours. Conversely, Binance Coin and Tether gained marginally.
In India, digital payments giant Paytm said on Friday that it may consider offering bitcoin if the government makes cryptocurrencies fully legal in India, Bloomberg reported. “Bitcoin is still in a regulatory gray area if there are no regulatory restrictions in India. At the moment Paytm doesn’t do bitcoin. If it ever became fully legal in the country, clearly there could be offerings that we would launch. The company’s chief financial officer Madhur Deora said. The comments come at a time when Paytm is gearing up to launch an initial public offering (IPO). According to reports, the offer will increase the company’s valuation to Rs 20 billion. Could be dollars.
Coming back to the global crypto market, Phoenix Global rose to the top in the crypto market on Friday. The altcoin rose up to 3,016.20 percent at a price of $0.8844. Greenmoonzilla came in second, with a price of $0.00001357 and 415.50 percent higher over the past 24 hours. Ethereum Meta, which is valued at $0.000005427 per token, continued its upward trend and was ranked third with a rise of 400.29 percent in the last day.
As far as the losers are concerned, the top spot went to CVCoin. The price of one token declined 60.94 per cent and was trading at $1.54. The Santa Coin and MetaShib tokens ranked second and third on the chart, losing 60.06 and 53.14 percent, respectively, during the last day.
Top 6 Cryptocurrency Gainers (According to Data from CoinMarketCap)
Phoenix Global: $0.8844 – 3,016.20 percent increase over the last 24 hours
greenmoonzilla: $0.00001357 – 415.50 percent increase over the last 24 hours
ethereum meta: $0.0000005427 – an increase of 400.29 percent over the last 24 hours
squidanomics: $0.00000001387 – 289.65 percent increase over the last 24 hours
Natural: $0.00414 – Increase of 281.21 percent over the last 24 hours
candela coin: $0.02883 – 257.57 percent increase over the last 24 hours
Top 6 cryptocurrency losers (according to data from CoinMarketCap)
cvcoin: $1.54 – 60.94 percent down in last 24 hours
santa coin: $0.00000006133 – 60.06 percent drop in last 24 hours
MetaShibe Token: $0.0000003684 – 53.14 percent down in last 24 hours
cardanoivo: $0.00004031 – 52.74 percent drop in last 24 hours
polygamma finance: $2.45 – Percentage drop in last 24 hours
cat’s Claw: $0.000003284 – Down 45.61 percent in last 24 hours
read all breaking news, breaking news And coronavirus news Here. follow us on Facebook, Twitter And Wire.
.