CDS Crypto News War Negatively Impacted Crypto Prices on October 10
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War Negatively Impacted Crypto Prices on October 10

The Israel-Hamas war seems to have affected crypto prices on October 10.

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War Negatively Impacted Crypto Prices on October 10

Crypto News – Due to resurgent investor fears amid recent geopolitical unrest, the cryptocurrency market is still down on Tuesday.

War Negatively Impacted Crypto Prices on October 10

Since yesterday, there has been a decline in the price of cryptocurrencies, while the global equity markets have moderately declined and oil prices have increased as a result of fresh unrest in the Middle East. Monday was the third day of the Israel-Hamas confrontation, and concerns about its possible effects are affecting oil prices. The probable disruption of supply in the upcoming days appears to worry the investors.

On Tuesday, the overall market fell as a result of losses in the majority of the main cryptocurrencies. The market value of all cryptoassets worldwide as of this writing has decreased by 1.11% from yesterday to $1.07 trillion. At the same time, the market’s overall volume increased by 59.18% to $28.81 billion. The cryptocurrency market’s fear and greed index was at 43 as of this writing.

Pepe Coin Price

The price of the Pepe coin is down 4.41% at $0.0000006675, but its volume is up 27.31% to $46.31 million. The meme coin’s price declines demonstrate how challenging it has been to continue an upward trend lately. Over the last week, the price of the cryptocurrency has decreased by around 9.83%.

Tezos (XTZ) Price

Despite a downturn in the general market, the Tezos cryptocurrency has attracted investors’ attention with its recent advances. The price of Tezos increased 6.99% to $0.7199 at the time of writing on Tuesday, and its trading volume increased 936.17% to $102.55 million from the previous trading day.

GALA Price

One of the worst movers on October 10 was the Gala price, which fell 4.60% over the previous day and was trading at $0.01352 as of this writing. Volume increased by 59.65% to $41.95 million in the previous 24 hours. It appears that the market’s pessimism has driven down the price of cryptocurrencies, despite the absence of current news about it.

Woo Network (WOO) Price

While its market valuation decreased 6.12% from yesterday to $296.61 million, the Woo Network price was down 5.46% at the time of writing and traded at $0.1686. In short, on October 10, the price of cryptocurrencies appeared to have fallen due to the dip in the larger market.

War Negatively Impacted Crypto Prices on October 10
Sources:coingape
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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