Crypto News – Today’s cryptocurrency prices have maintained an upward trend since the weekend, indicating that most of the major cryptocurrencies are on the road to recovery.
October 21 Crypto Prices: Severe Bullish Movements Observed in the Market
The cryptocurrency market, meantime, has been extremely volatile recently due to lingering worries about inflation, skyrocketing interest rates, the Israeli conflict, and other market regulations. Despite the Fed’s plans to raise interest rates, which have stoked investor euphoria, Fed Chair Jerome Powell warned that the Fed might change its stance and become more dovish. In addition, market players’ renewed trust in digital assets has been aided by rumors regarding the approval of the Bitcoin Spot ETF.
In terms of the broader cryptocurrency market, the $1.13 trillion market cap increased 0.25% over the previous day. However, in comparison to yesterday, its volume dropped by 4.38% to $44.24 billion. Notably, the digital currency fear and greed index was at 53, indicating a balanced market position.
Pepe Coin Price Movements
In the category of meme coins, the Pepe coin was one of the top movers, indicating that investors are becoming more interested in the cryptocurrency. In the time since writing, the Pepe coin price has increased by 1.46% to $0.0000006653. The volume increased by 6.25% to $46.1 million in the previous 24 hours. This increase in volume propelled it to 57th place in the CoinMarketCap volume rankings.
Mantle (MNT) Price Movements
On October 21, the cryptocurrency Mantle (MNT) was among the top movers. As of this writing, the Mantle price was up 5.43% and trading at $0.3763, while its volume over the previous 24 hours rose 18.56% to $39.77 million. After its recent jump, the Mantle price has increased by more than 14.45% during the past seven days.
THORChain (RUNE) Price Movements
In addition to being among the top gainers today, the THORChain price saw gains of 4.55% to trade at $1.68 on Saturday. On the other hand, its market cap increased 4.62% to $571.74 million, while its volume from yesterday dropped 54.28% to $55.29 million. This sharp drop in volume has pushed it down to 29th place in the CoinMarketCap volume rankings.
Stacks (STX) Price Movements
The fact that the Stacks cryptocurrency has sustained its gains from yesterday suggests that investors are presumably placing bets on it. Stacks’ price, however, fell 1.90% to $0.6381 during the reporting period, while its volume for the previous 24 hours fell 35.07% to $106.29 million. Its price increased by more than 25.98% over the last seven days.