Quick analysis of the cryptocurrency pricing on November 7: The worldwide market capitalization increased to $1.32 trillion.

Bitcoin (BTC) reclaimed the $35,000 milestone early Monday, reversing a small drop following the conviction of embattled crypto platform FTX creator Sam Bankman-Fried for money laundering. According to CoinMarketCap, the total market’s Fear & Greed Index was 73 (greed). Popular altcoins, such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC), all finished in the green. MultiversX (EGLD) was the highest gainer of the day, gaining more than 37% in a single day. GateToken (GT), on the other hand, became the biggest loser, losing more over 1% in a 24-hour period.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $35,032.16, representing a 0.81 percent decline in a 24-hour period. According to the Indian exchange WazirX, the price of Bitcoin was Rs 30 lakh.

Ethereum Price Today
At the time of writing, the price of ETH was $1,887.45, representing a 0.20 percent 24-hour increase. According to WazirX, the current price of Ethereum in India is Rs 1.62 lakh.

Dogecoin Price Today
DOGE gained 2.80 percent in a 24-hour period, according to CoinMarketCap data, and is currently trading at $0.07185. According to WazirX, the Dogecoin price in India is Rs 6.11.

Litecoin Price Today
Litecoin gained 0.49 percent in a 24-hour period. It was trading at $71.85 at the time of writing. In India, the price of LTC was Rs 6,128.86.

Ripple Price Today
The price of XRP was $0.683, representing a 9.35 percent gain in a 24-hour period. According to WazirX, the current price of Ripple is Rs 59.04.

Solana Price Today
Solana was trading at $41.19, down 3.46 percent in 24 hours. According to WazirX, the SOL price in India is Rs 3,508.86.

Bitcoin remained stable at $35,500 while traders awaited the release of the US NFP report for October. For market players, the Nonfarm Payrolls data is crucial since it has a big impact on traders’ opinions of whether the US central bank would hold interest rates higher for longer or possibly raise them further.

With the release of the US NFP statistics soon, bitcoin traders anticipate a tumultuous market.

For market participants to predict the trajectory of Bitcoin’s price movement, the US NFP announcement is crucial. Recent macroeconomic events have caused volatility in Bitcoin (BTC); the US Federal Reserve’s decision to maintain interest rates unchanged helped to fuel the price surge of BTC. Bitcoin remained stable at $35,500 on Binance.

The US Federal Reserve has consistently said that data is used to inform interest rate increases. This suggests that the decision to raise interest rates before the end of 2023 or to maintain them higher for an extended period of time may be influenced by the Nonfarm Payrolls data.

The US economy is expected to have added 180,000 nonfarm payrolls in October, according to market expectations. The September report showed 336,000 new jobs, almost twice as many as the market had predicted.

In the event that the October NFP release contains an upward shock, the price of bitcoin may retreat. Given that investor sentiment in October was mostly influenced by the prospect of a spot Bitcoin ETF clearance by the US Securities and Exchange Commission (SEC), traders should anticipate that BTC will rebound from the correction in the near future.

Bitcoin Price
If the jobs report comes in better than expected, the price of bitcoin is probably going to fluctuate downward. The 10-day Exponential Moving Average (EMA) around $34,028 is expected to be a support level for the price of bitcoin, as can be seen in the BTC/USDT price chart below. Bitcoin might rise over this point and continue to rise.

Once the price of Bitcoin starts to rise again, the commodity is anticipated to encounter resistance at the lower bound of the Fair Value Gap (FVG), which is located between $36,671 and $37,670.

The cryptocurrency markets were up on Thursday after the US Federal Reserve held interest rates constant and Chair Jerome Powell hedged on the conclusion of the rate hike cycle.

On Wednesday, the Federal Reserve maintained interest rates constant as policymakers tried to discern whether financial conditions are already tight enough to limit inflation, or whether an economy that continues to beat expectations requires even more restraint.

Powell said after a two-day policy meeting that, given the uncertainties, the best course of action for now was to keep the Fed’s benchmark overnight interest rate in the current 5.25%-5.50% range and watch how job and price data evolve between now and the next policy meeting in December.

Meanwhile, in the 24 hours following the Fed’s decision, the worldwide cryptocurrency market cap increased by 2.45% to more over $1.3 trillion.

At roughly 12.40 p.m., Bitcoin was trading 2.5% higher at $35,308, while Ethereum was trading 1.9% higher at $1,837.

Following the decision by the United States Federal Reserve’s Federal Open Market Committee (FOMC) that interest rates will remain unchanged at 5.25%-5.50%, Bitcoin has been trading above the $35,500 mark. This has improved market morale and resulted in an optimistic feeling, with Bitcoin’s price gradually rising over the last 24 hours.

Market participants are now waiting for the US Labour Department’s nonfarm payrolls report on Friday, according to Edul.

Solana was the highest gainer among top crypto tokens, climbing more than 12%. Cardano, Polygon, Polkadot, and Avalanche all increased by more than 6%, while BNB, XRP, Dogecoin, Litecoin, and Shiba Inu increased by 2-3%.

The entire volume in DeFi is currently $6.12 billion, accounting for 10.34% of the total 24-hour volume in the crypto market. The total volume of all stablecoins is now $53.02 billion, accounting for 89.62% of the total 24-hour volume of the crypto market.

The market capitalization of Bitcoin, the world’s largest cryptocurrency, has risen to $689 billion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a 52.77% market share. Bitcoin volume fell 68% in the last 24 hours to $25.8 billion.

Technically, BTC broke over the critical $35,000 barrier level and closed the daily candle above it, signalling a positive mood. While a short-term pullback is possible, the trend appears to be headed towards resistance levels in the $39,800 to $40,000 range.

In contrast, ETH still needs to break through its 2023 resistance levels, which are at $2,020 and $2,140, to open the way for further gains.

Quick analysis of cryptocurrency prices on October 28: The value of the worldwide market grew to $1.27 trillion.

The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), was able to maintain its value above $34,000 early on Tuesday. According to CoinMarketCap, the market’s overall Fear & Greed Index was 72 (greed). In contrast, Ethereum (ETH) is gradually aiming for $1,800. Notable altcoins witnessed slight increases overall, including as Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC). THORChain (RUNE) subsequently emerged as the highest gainer, with a spike of more than 14% in a single day. With a 24-hour decline of more than 4 percent, Render (RNDR), on the other hand, emerged as the largest loser.

At the time of writing, the value of the entire cryptocurrency market was $1.27 trillion, an increase of 0.35 percent in a day.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,259.87, a decrease of 0.19 percent in a day. As per the Indian exchange WazirX, the current value of Bitcoin was Rs 29.60 lakh.

Ethereum Price Today
At the time of writing, the price of ETH was $1,799.78, a 0.78 percent increase in just 24 hours. Ethereum’s price in India was Rs 1.54 lakh, according to WazirX.

Dogecoin Price Today
With a current price of $0.06922, DOGE showed a 0.65 percent gain over the course of a day, according to CoinMarketCap data. The price of Dogecoin in India was Rs 6.03, according to WazirX.

Litecoin Price Today
Litecoin gained 0.88 percent in a day. As of writing, its trade price was $68.94. The cost of LTC was Rs 5,905.01 in India.

Ripple Price Today
The price of XRP was $0.5758 after rising 3.92 percent in a day. WazirX reported that the price of ripple was Rs 49.60.

Solana Price Today
With a price gain of 9.44 percent in just one day, Solana was trading at $35.70. WazirX reports that the price of SOL in India was Rs 2,950.

Quick analysis of cryptocurrency prices on October 23: The value of the world market fell to $1.26 trillion.

The world’s oldest and most valuable cryptocurrency, Bitcoin (BTC), started to decline early on Friday morning. Well-known cryptocurrencies, including as Litecoin (LTC), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Ethereum (ETH), consistently performed poorly. Floki Inu (FLOKI) eventually emerged as the biggest gainer, achieving a gain of more than 27% in a single day. Bitcoin SV (BSV), meanwhile, saw a decline of more than 7% in a day, making it the biggest loser.

As of the time of writing, the value of the entire cryptocurrency market was $1.26 trillion, a decrease of 1.33 percent in a day.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,088.58, down 2.10 percent in a day. As per the Indian exchange WazirX, the current value of Bitcoin was Rs 29.25 lakh.

Ethereum Price Today
At the time of writing, the price of ETH was $1,790.97, a 1.07 percent increase in just 24 hours. Ethereum’s price in India was Rs 1.53 lakh, according to WazirX.

Dogecoin Price Today
According to CoinMarketCap data, DOGE saw a decrease of 0.26 percent in a day and is currently trading at $0.07156. The price of Dogecoin in India was Rs 6.12, according to WazirX.

Litecoin Price Today
Litecoin lost 2.32 percent in a day. It was trading at $68.12 at the time this was written. The cost of LTC was Rs 5,800.01 in India.

Ripple Price Today
The price of XRP was $0.5532 after declining 0.89 percent in a day. The price of ripple was Rs 47.87, according to WazirX.

Solana Price Today
The price of Solana was $32.35, down 1.15 percent in a day. The price of SOL in India was Rs 2,798.89, according to WazirX.

October 21,cryptocurrency price in brief: The value of the world market stayed at $1.26 trillion.

The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), was able to maintain its $34,000 price throughout the weekend. Early on Monday morning, CoinMarketCap reported that the market’s Fear & Greed Index was 72 (greed). Notable altcoins witnessed slight increases across the board, including Dogecoin (DOGE), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Litecoin (LTC). Gala (GALA) went on to climb by more than 16 percent in a day, making it the top gainer. However, Maker (MKR) had a drop of more than 2 percent in just one day, making it the biggest loser.

At the time of writing, the value of the global cryptocurrency market was $1.26 trillion, indicating an increase of 0.85% over the previous 24 hours.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin increased by 0.82 percent in a day to $34,290.95. As per the Indian exchange WazirX, the current value of Bitcoin was Rs 29.65 lakh.

Ethereum Price Today
At the time of writing, the price of ETH was $1,748.48, a 0.51 percent increase in just 24 hours. Ethereum’s price in India was Rs 1.55 lakh, according to WazirX.

Dogecoin Price Today
Currently trading at $0.06871, DOGE showed a gain of 0.49 percent over the course of a day, according to data from CoinMarketCap. The price of Dogecoin in India was Rs 5.98, according to WazirX.

Litecoin Price Today
Litecoin gained 1.24 percent in a day. Its trading price at the time of writing was $68.28. The cost of LTC was Rs 5,920.01 in India.

Ripple Price Today
The price of XRP was $0.555 after rising 2.09 percent in a day. The price of ripple was Rs 47.42, according to WazirX.

Solana Price Today
The price of solana was $32.86, up 3.57 percent in a day. WazirX reports that the price of SOL in India was Rs 2,731.

Bitcoin witnessed some profit booking as it fell more than 1% but managed to retain around 34,000-levels, while Ethereum was also seen in red, slightly lower, and remained around $1,800-levels.

Bitcoin and other cryptocurrencies took a breather on Friday ahead of the weekend’s lack of events. However, a slowdown in the digital asset market was expected following a significant gain in the previous few days. Analysts expect buying enthusiasm to stay in the digital asset market in the coming days.

Bitcoin experienced some profit booking as the largest crypto asset fell more than 1% but managed to stay around 34,000 levels. However, its greatest peer, Ethereum, was also in the red, somewhat lower, and remained below the $1,800 mark. The vast majority of altcoins were trading with cuts.

The cryptocurrency market appears to be cooling off after a seven-day rise. With a score of 70/100, the crypto fear and greed index is likewise firmly into the greed zone, indicating bullish feelings among crypto investors. The broader crypto market has reacted similarly and appears to be cooling off following the rise.

In related news, Deutsche Bank and Standard Chartered’s SC Ventures are testing UDPN, a system that allows blockchain, stablecoins, and CBDCs to connect in the same way that SWIFT does in traditional banking. UDPN connects blockchains, implements digital identification standards, and allows for controlled transactions.

The bulk of popular crypto coins were trading down on Friday, with a few outliers. Polkadot fell more than 3%, while Toncoin, Polygon, and Chainlink each fell 2%. Among the gainers, Solana and BNB each gained nearly 1%, while Dogecoin rose somewhat.

The worldwide cryptocurrency market cap was trading much lower, down to $1.26 trillion, after losing more than 1% in the previous 24 hours. However, total trade volumes fell by nearly 7% to $46.88 billion.

Bitcoin experienced some profit booking as it fell more than 1% but held above 34,000 levels, while Ethereum fell about 2% but remained around $1,800.

Bitcoin and other cryptocurrencies fell early Wednesday when the ticker for BlackRock’s (BLK) spot bitcoin ETF – IBTC – was withdrawn from the Depository Trust & Clearing Corporation’s (DTCC) website, only to be reinstated later. However, profiting from impulsive crypto purchases is nothing new.

After a strong secular rally, Bitcoin saw some profit booking as the largest crypto token fell more than 1% but managed to stay around 34,000-levels. However, its largest peer, Ethereum, fell nearly 2% but remained below the $1,800 mark. The majority of altcoins were trading at a loss.

Following the sudden debut of BlackRock’s spot bitcoin ETF (IBTC) ticker on the US Depository Trust & Clearing Corporation’s website, Bitcoin’s value recently crossed the $35,000 mark. However, despite the ticker’s brief removal and reappearance, prices have returned to about $34,000 in the last 24 hours.

This positive momentum could also be attributed to Grayscale’s legal victory over the US Securities and Exchange Commission, as the DC Circuit Court of Appeals ordered the SEC to reexamine its denial of Grayscale’s spot bitcoin ETF application. These combined considerations have fueled market players’ excitement regarding the anticipated approval of Bitcoin spot ETF applications.

The bulk of popular crypto coins were trading down on Wednesday, with a few outliers. Dogecoin and Polkadot were both down more than 3%, while Toncoin, Polygon, Solana, and BNB were all down 2%. Among the gainers, Chainlink gained more than 11%, while XRP gained nearly 1%.

The worldwide cryptocurrency market cap was trading much lower, down to $1.25 trillion, after losing approximately 1% in the previous 24 hours. However, total trade volumes fell by more than 13% to $69.61 billion.

Bitcoin (BTC) and Ethereum (ETH) have both fallen in value during the last 24 hours, which could be attributed to the temporary removal of BlackRock’s (BLK) spot Bitcoin ETF ticker, IBTC, from the Depository Trust & Clearing Corporation’s (DTCC) website. It’s worth noting, however, that the ticker was relisted after a few hours.

Both BTC and ETH are currently trading above the 50-day and 200-day Exponential Moving Averages (EMA-D) and are consolidating after their recent upward trend. While ETH must pass a few resistance levels before it can resume its climb, BTC is displaying strength by reaching a 52-week high.

Quick analysis of cryptocurrency prices on October 16: The value of the world market fell to $1.25 trillion.

After breaking through the $34,000 barrier yesterday, Bitcoin (BTC) was able to maintain its new high early on Wednesday morning. Nevertheless, Ethereum (ETH) dropped below $1,800 and is now trading at $1,700. Following an abrupt surge, coin prices typically experience a period of decline. As a result, the majority of well-known cryptocurrencies had slight declines overall, including Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC). After falling more than 7% in a day, Memecoin Pepe (PEPE), the cryptocurrency that had gained the most on Tuesday, turned out to be the greatest loser of all. Conversely, the MINA token emerged as the largest gainer, exhibiting a staggering 24-hour surge of more than 50 percent.

The value of the world’s cryptocurrency market was $1.25 trillion at the time of writing, a 1.67 percent decrease in a day.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,016.72, down 1.40 percent in a day. As per the Indian exchange WazirX, the current value of Bitcoin was Rs 28.59 lakh.

Ethereum Price Today
As of this writing, the price of ETH was $1,788.11, down 1.78 percent in the last 24 hours. Ethereum’s price in India was Rs 1.51 lakh, according to WazirX.

Dogecoin Price Today
According to CoinMarketCap data, DOGE saw a 3.09 percent 24-hour decline, with its current price being $0.06612. The price of Dogecoin in India was Rs 5.57, according to WazirX.

Litecoin Price Today
Litecoin lost 2.09 percent in a day. When this was written, the price was trading at $69.67. The cost of LTC was Rs 5,856.75 in India.

Ripple Price Today
The price of XRP was $0.5537 after rising 0.78 percent in a day. The price of ripple was Rs 46.76, according to WazirX.

Solana Price Today
The price of Solana was $31.03, down 1.81 percent on a day. The price of SOL in India was Rs 2,722.95, according to WazirX.

Bitcoin (BTC) hit a quick six-week high by July 29 as the fallout from the latest macro development boosted risk assets.

BTC/USD 1 Hour Candlestick Chart (Bitstamp). Source: TradingView
A monthly closing could seal 20% profits
Data from Cointelegraph Markets Pro and TradingView captured local highs of $24,445 for BTC/USD on Bitstamp, the best since the week beginning June 13.

After consolidating around $23,000, bulls got a second wind to push the market higher on the back of the latest US Federal Reserve rate hike and GDP data confirming the US is now in recession.

Risk assets outperformed overall, with bitcoin and altcoins joining gold to give traders and analysts reason for a positive outlook.

Gold #GOLD $GLD $GC_F held the bottom of the 23-month rectangle (yellow), which will serve as a handle for the massive C&H. The bull market has begun. Prices are heading north. The goal aimed for $3,000 over the next few years.

“This is getting interesting,” chain monitor Material Indicators tweeted in an update to its short and long signal thread for the June 28 BTC/USD daily chart. He observed the potential for Bitcoin to reach a higher high (HH). next:

“All trend spotting signals are printed on the Long D chart, plus the 21-DMA and 50-DMA unwinds. If BTC can form a HH, there will be a small friction to the next HH and then the macro channel will go into the YES range, it is still a bear market rally.”

Material Indicators added that $25,000 would also be a key price level to watch if the higher high at $24,300 holds for the day’s close.

“If this rally can get past $25,000 then $28,000 will take center stage very quickly,” read part of another post.

“The parabolic downtrend from ATH has been broken,” Blockware Chief Analyst William Clemente, meanwhile, summed up in a skewed alternative view of BTC’s current price performance in 2022.

From the same point last week, BTC/USD is up a modest 4% at the time of writing. With two days left until July’s weekly close, the pair was on track to close out monthly gains of over 20%, data from Coinglass confirmed.

BTC/USD monthly returns chart (screenshot). Source: Coinglass
Key support ETH eyes regained above $1,700
Altcoins were similarly rosy on the day as Ether (ETH) breached $1,700 to challenge the highs of the week dating back to June 6.

Related: 3 Bitcoin Trading Behaviors Suggest BTC’s Return to $24,000 Is a ‘Fakeout’

Does it scare you or get you very, very excited? #ETH

While Material Indicators toyed with the idea of another retracement and a lower low well below $1,000, others acknowledged the strength of short-term price action across altcoins.

“$ETH, like many altcoins, successfully retested old resistances to new supports and has rebounded strongly since then,” commented popular trader and analyst Rekt Capital.

Strong rebound from $ETH after successful retest

ETH is slowly approaching the next immediate resistance (upper orange box)

ETH would need to regain the bottom of this box as support if it is to move higher #ETH #Crypto #Ethereum

Additional analysis called for ETH/USD to reclaim the support zone starting around $1,730 for a continuation.

The views and opinions expressed herein are solely those of the author and do not necessarily reflect those of Cointelegraph.com. Every investment and trading step involves risk, you should do your own research when making a decision.