Crypto News – As shown by the price swings in several of the main cryptocurrencies, the cryptocurrency market was mixed throughout the early trading session on Tuesday, November 7.
November 7 Crypto Prices in a Bit of a Mess
While the price of Bitcoin has declined, the market as a whole has remained resilient, indicating that investors may be turning their attention to altcoins. The advances in the major cryptocurrencies were the main cause of the market’s rise on November 7.
Cryptocurrency market capitalization stayed at $1.33 trillion, a 0.01% fall from the day before. Furthermore, trading volume increased by 6.04% to $42.45 billion over the previous 24 hours. Regarding the crypto market fear and greed index, which shows a state of greed among investors with a rating of 73, it was noteworthy that the market mood seemed to be hopeful.
Pepe Coin Price Goes From Rising to Falling
During writing on Tuesday, the price of the well-known meme cryptocurrency, Pepe Coin, dropped 3.05% to trade at $0.000001122. Over the last day, the cryptocurrency’s market capitalization dropped 3.08% to $468.26 million, while its trading volume dropped 5.54% to $125.7 million. However, PEPE was on the rise earlier today, contrary to its current values, and even hit $0.000001206 during the day.
BLUR Price is on a Historic Rise
On Tuesday, November 7, the Blur cryptocurrency was among the top percentage gainers, suggesting that investors’ interest in the coin is expanding. As of this writing, Blur’s volume had surged 82.70% to $448.16 million, while its price had increased by 4.40% to $0.3785. Blur is the top NTF marketplace, and the recent jump in NFT sales in November appears to be the cause of the recent increase in the price of cryptocurrencies.
AAVE Rises After a Small Decline
By Tuesday afternoon, the Aave price had gained 1.48% to trade at $97.50, and its volume had surged by 9.37% to $253.67 million in the previous 24 hours. The cryptocurrency’s market capitalization also increased by 1.53% to $1.42 billion during this period. Thus, AAVE ranked 21st and 39th in CoinMarketCap volume and market cap rankings, respectively.
GRT Price Increased by More Than 35% in the Last 7 Days
Although the GRT price reached very high levels in the middle of the day, it is currently in a downward trend. At the time of writing, the Graph’s price had dropped by 4.28% to $0.1376, while its volume had increased by 43.24% to $288.74 million. To $1.27 billion, its market capitalization decreased by 4.28%. However, despite all these bearish movements, the token is up 35.87% on the 7-day chart.
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