Crypto News– The majority of the cryptocurrency market recorded gains in the previous trading day. According to CoinMarketCap data at the current moment, the collective market capitalization increased by 0.18% during this timeframe. However, there remains a lack of consensus among traders and investors regarding the market’s future direction.
Notably, Bitcoin (BTC), the market leader, experienced a 0.37% decline in its price over the last 24 hours, while Ethereum (ETH), the largest altcoin by market capitalization, achieved a 0.86% gain during the same period. Consequently, BTC was trading just below the psychological level of $27,000, specifically at $26,933.43. At the same time, ETH was valued at $1,673.28.
September 30 Altcoin Market Benefits from Capital Injection, Leading to Gains in LINK, MATIC, ETH
A significant portion of the capital inflow into the market during the past 24 hours appeared to be directed towards altcoins, with Polygon (MATIC) also experiencing daily gains. CoinMarketCap reported a 0.44% increase in the price of this altcoin. This latest uptick pushed MATIC’s weekly performance to +0.82% and elevated its price to $0.5258.
Despite the price increase, MATIC witnessed a 9.10% decline in its 24-hour trading volume. Consequently, the total trading volume for this cryptocurrency across all exchange platforms was estimated to be slightly over $235 million at the current moment.
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