The rise in cryptocurrencies is inevitable in the cryptocurrency market. Several catalysts helped spark the downturn, not least of which was the emergence of the omicron variant and the Federal Reserve's open willingness to raise interest rates earlier than previously thought to help combat inflation. There are now thousands of cryptocurrencies, and many of these have a promising future within the market. It is recommended that crypto investors check out the top ten current cryptocurrency prices before making any smart decision about their crypto wallets.
Analytics Insight enlists the top cryptocurrency prices for October 31, 2022.
Bitcoin: US$20,566.08 (down by 0.93%)
Ethereum: US$1,589.55 (up by 0.31%)
Tether: US$1.00 (up by 0.00%)
USD Coin: US$0.9999 (down by 0.01%)
BNB: US$310.70 (up by 1.55%)
XRP: US$0.4577 (down by 1.95%)
Binance USD: US$1.00 (up by 0.02%)
Cardano: US$0.4036 (down by 3.03%)
Solana: US$33.12 (up by0.83% )
Dogecoin: US$0.1225 (down by 8.28%)
According to coinmarketcap, the global crypto market cap is standing at US$1.01T, indicating an 18.59% decrease over the last day.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.