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November 2 Crypto Market Bullish Signals

Investors are happy with the Fed's dovish decision on Wednesday, and accordingly, the November 2 crypto market is on the rise.

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November 2 Crypto Market Rising Bells Ring

Crypto News – On Thursday, November 2, the cryptocurrency prices showed green shades, indicating optimism.

November 2 Crypto Market Bullish Signals

As they eagerly await the Federal Reserve meeting, which may either be a stimulant for the current cryptocurrency boom or a depressant for market sentiment, investors are gravitating toward riskier assets. Moreover, the market responded favorably to the Federal Reserve’s recent announcement. The rate-setting body unanimously decided to keep the central bank’s benchmark interest rates at their present levels during Wednesday’s FOMC meeting.

Notable gains in the crypto market as a whole were facilitated by these rises in key cryptocurrencies. A greed emotion is indicated by a market fear and greed index rating of 74, which indicates that the global crypto market cap increased by 0.97% from the previous day to $1.28 trillion. At $59.35 billion, the market capitalization has surged by 41.63% in the past day.

Pepe Coin Price Movements

On November 2, the Pepe coin saw significant increases as a result of the market’s bullish sentiment. On the other hand, the price of Pepe Coin dropped 5.02% to $0.000001086, while its market cap dropped 5.00% to $452.67 million, and its volume increased 74.17% to $177.96 million on the previous day. At its current pricing, the meme coin has gained around 43% in value over the last 30 days.

Celestia (TIA) Price Movements

The price of Celestia dropped by 6.26% as of Thursday, trading at $2.41. It is among the top percentage gainers in the market, though, early in the day. The project’s mainnet debut on Tuesday, which concentrated on data availability in the blockchain segment, appears to have been well received by cryptocurrency fans.

Aave (AAVE) Price Movements

Another top percentage gainer on November 2 was the Aave price, which saw a rise of 3.52% to trade at $92.64 as of this writing. In the past 24 hours, its market capitalization increased at a rate of 3.39% to $1.35 billion, while its volume surged 273.13% to $384.97 million. Thus, Aave rose to 20th place in the CoinMarketCap volume ranking.

Uniswap (UNI) Price Movements

Investors have been keeping a close eye on the Uniswap cryptocurrency, as evidenced by its latest price increase on Thursday. At the time of writing, the Uniswap price was up 2.67% and trading at $4.63. Its volume had increased by 189.79% to $526.76 million. At the time of writing, its market value was up 3.52% to $2.73 billion.

November 2 Crypto Market Bullish Signals 113559
Sources:coingape
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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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