Today’s crypto prices were in the green, enabling the market to begin the week on a positive note and boosting the confidence of investors.
The crypto market began the week positively on Monday, October 23, as today’s price increase demonstrates. In the meantime, investors continued to place wagers on risky assets, indicating a positive market sentiment.
In the meantime, the market has also recorded significant gains over the past week, as market participants have waved off concerns about geopolitical unrest and other macroeconomic issues. In addition, market gains were aided by Fed Chair Jerome Powell’s indication of a pause in rate rise plans.
Bitcoin’s price rose 2.13 percent to $30,598.19 at press time, while its 24-hour volume increased 23.4 percent to $14.13 billion. In the interim, the cryptocurrency’s price increased 12.4% over the past week at its current price.
Ethereum’s price rose 3.58 percent to $1,692.11 during writing, while its volume increased 53.76 percent to $6.79 billion. In contrast, the price of BNB rose 3.1% to $221.72, and its market capitalization increased 3.2% to $33.63 billion.
In the meantime, the price of Solana increased by 4.03% to $30.81, while its volume decreased by 25.03% to $897.84 million. Cardano’s price increased by 2.45% to $0.2664, gaining over 7% in the past week.
Monday also saw significant gains for meme coins, indicating investors’ growing confidence in the segment. The price of Dogecoin increased by 2.07% to $0.06264, while its volume increased by 27.49% to $198.92 million. During Monday’s trading, the Shiba Inu price increased 2.05% to $0.000007209.
Over the past day, the market capitalization of all cryptocurrencies increased by 2.51% to $1.17 trillion, while their 24-hour volume increased by 19.99% to $46.54 billion.
Notably, the fear and avarice index for the crypto market was 55, indicating a neutral market sentiment. In addition, the current dread and greed index suggests that opinion is shifting towards the “greed” region. Below are today’s Top 4 Cryptocurrencies:
Pepe Coin Increases by 8%
Pepe Coin, a renowned meme coin, has continued to attract the interest of investors, as evidenced by its recent price increase. As of writing, the Pepe coin price increased 8.47% to $0.0000007541, while its 24-hour volume increased 40.07% to $120.30 million.
Similarly, the cryptocurrency has maintained positive momentum over the past week, as evidenced by a 12 percent price increase over the past week.
Chainlink (LINK) Increases by 15%
The Chainlink (LINK) crypto was among the top gainers in today’s session, gaining attention from the market participants. During the writing, the Chainlink price had increased by 14.70%, trading at $10.89. In addition, the crypto’s market cap and one-day volume rose 14.58% and 23.47% to $6.05 billion and $1.28 billion, respectively.
Fantom (FTM) Gains 13%
Fantom is another top movers on Monday, October 23, which has noted significant gains in the early trading session today. The Fantom price was up 13.06% today to trade at $0.2258, and its volume over the last 24 hours rose 26.29% to $82.99 million.
Aptos (APT) Rises 9%
The Aptos price surged 8.75% to $6.17 on Monday, while its volume over the past 24 hours jumped 66.86% to $511.76 million. Although there is no apparent news for the recent surge of the crypto price, positive sentiment in the broader market has helped gains in Aptos’s recent performance.