The global cryptocurrency market capitalization is $2.23T, Down -3.64% from the previous session.The total cryptocurrency market trading volume in the past 24 hours is $81.67B, Up +11.78% from the previous session.Bitcoin dominance currently stands at 60.28%, Up +0.95% from the previous session.
- Bankruptcy concept tokens USTC and LUNC rose and spiked, but have now recovered all their gains and started to fall. According to the news, TerraForm Labs plans to destroy one-third of the holdings of each of the two tokens before November. This destruction plan was made after Terraform Labs reached a $4.47 billion settlement agreement with the SEC, but the destruction of the two tokens is currently unknown;
- The meme coin SWAG on the Ethereum chain rose by more than 100% in a single day. SWAG is a cult meme with good social media dissemination. Previously, SWAG announced that through the wormhole cross-chain, users can use SOL to purchase SWAG tokens on the Solana chain, which increased the demand for SOL funds;
Market trend
- BTC retreated after approaching its previous historical high and currently fell below $69,000. It was significantly affected by the sharp drop in U.S. stocks. In addition, with the approaching U.S. presidential election, the volatility of the crypto market has increased significantly, but BTC ETF has maintained a large net inflow, and the outlook is still relatively optimistic;
- ETH In the past two days, the gains of the past week have been wiped out, falling below $2,500. Yesterday, BlackRock ETHA received a large inflow of $40 million, but it was difficult to hide the decline of ETH;
- Altcoins generally fell, and the alt season still needs to wait for BTC to break through the previous historical high, and the market sentiment will be hot before it appears;
Macro News
The three major U.S. stock indexes opened lower and fell across the board, with the S&P and Nasdaq both recording the largest single-day decline since September 4. The Fed's most favored inflation indicator unexpectedly accelerated, suppressing the Fed's expectations of a rate cut. In addition, the performance guidance in the previous financial reports of technology giants was relatively conservative, which increased the uncertainty of the U.S. stock earnings season and dragged down market sentiment.
In addition, as the U.S. election approaches, some market funds have begun to hedge. Wall Street analysts believe that the market should prepare for the uncertainty of the U.S. election in November, and investors need to guard against potential volatility risks.
Fear and Greed Index
- On November 5th, according to Lookonchain monitoring, a Whale with a profit of about 87 million US dollars sold another 92,000 SOL tokens (14.58 million US dollars) in the past 2 hours. Since November 1st, the Whale has sold a total of 357,070 SOL tokens (58.54 million US dollars), currently holding 52,089 JitoSOL tokens (9.46 million US dollars) and 126,548 SOL tokens (2005
- 【The net outflow of 540 million US dollars for the US SpotBTCETF yesterday】According to Trader
- On November 5th, Zhu Su, the founder of the original Three Arrows Capital, wrote that 'relative valuation is more effective in MEME coin than VC coin in this round of cycles, because people who hold MEME coin usually sell one to exchange for another. Even if one L2 project is cheaper than another, the more expensive L2 is sold'.
Currency | Price | % | Market Cap | Volume | Chart | Action |
|---|---|---|---|---|---|---|
$3.79 | -0.81% | $5.42B | $5.16M | -- | ||
$1.28 | -4.95% | $1.26B | $9.73M | -- | ||
$0.2809 | -2.63% | $238.65M | $38.95K | -- | ||
$15.16 | -2.57% | $237.51M | $23.40K | -- | ||
$0.02259 | -1.73% | $226.50M | $82.50K | -- | ||
$1.44 | -2.79% | $104.35M | $4.88K | -- | ||
$0.09706 | -1.94% | $74.07M | $16.89K | -- | ||
$0.0104 | -2.71% | $58.71M | $11.86K | -- | ||
$0.004699 | -3.84% | $11.45M | $47.76K | -- | ||
$0.367 | -0.4% | $9.28M | $12.97K | -- | ||
$0.02411 | +4.64% | $1.70M | $8.63K | -- | ||
$0.06901 | -7.45% | $870.99K | $2.06K | -- | ||
$0.00796 | +10.86% | $433.43K | $1.02K | -- | ||
$0.4896 | 0.00% | $133.06M | -- | -- | ||
$0.0004107 | 0.00% | $3.55K | -- | -- |