Crypto News – According to the “Uptober” mood that many market observers had predicted, cryptocurrency prices were in the green on Tuesday, October 31.
October 31 Crypto Prices: Some Cryptocurrencies Plummet While Others Rise Full Speed Ahead
The cryptocurrency market saw some volatility, but it has recovered this month as a number of encouraging factors have improved investor optimism. The recent market rise can be attributed, in part, to the expectation surrounding the approval of the Bitcoin Spot ETF. Furthermore, market investors are feeling optimistic due to expectations of a slowdown in the Fed’s rate hiking strategy.
The market has increased as a result of increases in the majority of the major crypto values. At the time of writing, the value of the world’s cryptocurrency market fell by 0.29% to $1.27 trillion, but its volume increased by 11.15% to $39.66 billion in the past day. When the fear and greed index for the cryptocurrency market was at 72, it meant that investors were taking more risks with their funds.
Pepe Coin Price
During the previous 24 hours, the volume of the Pepe coin increased by 8.25% to $139.28 million, despite a minor decline in price of 3.14% to trade at $0.000001175. The token has gained more than 50% over the last 30 days, but only by about 21.51% over the previous seven days.
BitTorrent(New) Price
One of the biggest percentage gainers in today’s session was BitTorrent (NEW), suggesting that investors are turning their attention to cryptocurrencies. As of this writing, BitTorrent(NEW) was trading at $0.0000004872, up 9.86%, and its volume was at $50.36 million, up 114.46%. After its current climb, the cryptocurrency has gained more than 32% over the past 30 days.
THORChain (RUNE) Price
THORChain, another top percentage gainer in the market, has increased its current crypto pricing. As of this writing, the price of THORChain was trading at $2.90, up 10.06% from the previous day. Its one-day volume had surged to $220.95 million, an 84.21% increase. The cryptocurrency’s price has increased by almost 28% in the last 30 days, indicating that it has been rising this month.
Arweave (AR) Price
On Tuesday, October 31, the price of Arweave increased by 11.48% to $5.94. Its market cap increased by 11.17% to $388 million yesterday, while its volume jumped by 106.82% to $21.17 million. The cryptocurrency has increased by around 36% over the past 30 days, demonstrating the good momentum it has seen this month.
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