Crypto News – Today, saw a slight gain in the global crypto market value of 3.27% to $1.38 trillion, which indicates a good trend in the market. Looking at the fear and greed index, it is seen that the index is in the greed zone with 74 points.
November 9 Crypto Prices See Tremendous Upward Activity
On the other hand, opinions about different cryptocurrencies varied widely throughout the market. It seems like traders and investors are holding off on making big trades until next week, when the US will report its most important economic data.
Next week, the U.S. government plans to release the major Producer Price Index (PPI) and Consumer Price Index (CPI) figures, which will provide additional context on the state of inflation. If inflation turns out to be higher than expected by the market, the Federal Reserve may be able to take a more aggressive stance when raising interest rates.
MINA Price Surge Drives Trading Volume Up More Than 800%
By increasing 12.83% in value in the last 24 hours to reach $0.6928, the MINA token was among the top gainers as of this writing. A remarkable 827.83% growth in transaction volume, reaching over 297 million, was also seen. The recent announcement by the Mina community to undergo a significant upgrade, which signified the end of Epoch 1, appears to be consistent with the previously predicted price spike.
Pepe Coin Price Increased by More Than 9%
After rising by 9.54% in the last 24 hours, the price of Pepe Coin saw a major surge and is currently trading at $0.000001288. The market capitalization increased by 9.88% and is currently at 536.5 million as of this writing. Not only that, but the trading volume increased by 69.72% to 193.63 million. The PEPE token’s recent price increase appears to be in line with the general sentiment of the market.
GALA Token Hits $0.02486 During the Day
With a massive 9.10% increase, the GALA token currently trades at $0.02451. The market cap climbed by 9.55% to $619.50 million, and the twenty-four-hour trading volume went up by a staggering 144.36% to almost $290 million. The GALA token‘s restricted token supply and vibrant community appear to be the cause of its price increase.
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