Altcoin News by Thebittimes.Com

The Bitcoin price is trading in the green during the Asian session, near $20,534 after bouncing off the $20,265 support level. Similarly, Ethereum has increased by less than 0.50% to $1,594 and is on its way to the 78.6% Fibonacci retracement level. The worldwide crypto market cap gained over 0.50% to $1.01 trillion in the previous day, putting major cryptocurrencies in the green early on November 1. Over the last 24 hours, overall crypto market volume climbed 22% to $87.63 billion.  The overall volume in DeFi was $4.01 billion, accounting for 4.50% of the total 24-hour volume in the crypto market . The entire volume of stablecoins was $81.34 billion, accounting for 92% of the overall 24-hour volume of the crypto market . Overall, the market is trading risk-on ahead of the US Federal Reserve's monetary policy and rate decision later this week. Top Altcoin Gainers and Losers Chain (XCN), Dogecoin (DOGE), and Shiba Inu (SHIB) were the top performers in the last ...

On Wednesday, major cryptocurrencies were trading in the green during the Asian session, as the global crypto market value climbed 0.20% over the previous day to $918.72 billion. In contrast, the total crypto market volume fell 8.20% in the last 24 hours to $49.50 billion. The overall volume in DeFi was $3.14 billion, accounting for 6.35% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was $46.85 billion, accounting for 94.65% of the total crypto market 24-hour volume. Bitcoin has plummeted by more than 5% in the last seven days. The leading cryptocurrency, on the other hand, is now gaining immediate support near $18,870, the triple bottom level.  On the other hand, Ethereum, the second most valuable cryptocurrency, is expected to recover above the $1,270 support level. IMF Downgrades Economic Projections  The World Economic Forum has received a fresh warning from the International Monetary Fund. According to the IMF,...