Crypto News – Today saw a downward shift in cryptocurrency values, while gains in the broader market also fell sharply.
November 3 Crypto Prices Slightly Decline
Despite the fact that there doesn’t seem to be any news to explain the recent market decline, it seems that investors are holding put following a strong run over the previous several weeks. It is common knowledge that, following a sustained market surge, market players will frequently take a break. Similar conditions in the cryptocurrency market are also suggested by the recent decline in momentum.
Today’s declines in the majority of the top cryptocurrency prices have hurt the whole market. The worldwide cryptocurrency market cap decreased by 2.17% to $1.28 trillion as of this writing, and its volume from the previous day decreased by 22.07% to $46.67 billion. A rating of 72 on the fear and greed index indicated that, notably, the mood in the cryptocurrency market was in the greed zone.
Pepe Coin Price Incredible Decline
The price of the well-known meme coin, Pepe Coin, dropped 8.94% and was trading at $0.000001052, indicating the current bearish trend in the market as a whole. Nonetheless, the meme coin has attracted a lot of attention in recent sessions due to its strong gains, as evidenced by a 42% increase in price over the previous 30 days. At the time of writing, its one-day trading volume had decreased by 20.01% to $131.63 million.
Trust Wallet Token (TWT) Increased by 8%
As of Friday, November 3, the price of the Trust Wallet Token was up 9.33% and trading at $1.22; at the same time, its volume had increased by 400.50% to $112.43 million in the previous 24 hours. As one of the top percentage gainers in today’s session, the cryptocurrency has demonstrated tenacity amid a pessimistic feeling in the wider market, despite the lack of obvious news supporting its recent advance.
Increase Observed in Cronos (CRO)
On November 3, Cronos was another of the top percentage gainers. Its price increased by 2.29% in the early trading session to settle at $0.06525, while its volume increased by 160.58% to $20.92 million in the previous day. Concurrently, during writing, the cryptocurrency’s market capitalization increased by 2.38% to $1.64 billion.
PancakeSwap (CAKE) Down More Than 4% Since Morning
On Friday, November 3, the PancakeSwap price dropped by 4.83% to settle at $1.50. Over the past day, its market cap has dropped by 4.63% to $338.39 million, while its trading volume has dropped by 22.26% to $136.33 million. Notably, in the last seven days, the cryptocurrency’s price has increased by more than 19.36%.
Leave a comment