Report on the Complete Cryptocurrency Market for October 17, 2024

in #priceofbitcoin2 days ago

Overview of the Market
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Despite regulatory obstacles, the cryptocurrency sector has steadily grown to a total valuation of $1.15 trillion. With a 54% market share, Bitcoin leads the pack, followed by Ethereum and Binance Coin. Notable increases have been made by altcoins like XRP and Solana.

Leading Cryptocurrencies

Bitcoin (BTC): $31,300 in addition to 2.1%
Bitcoin (ETH): $1,870 (up 1.8%).
BNB: $248 (-0.5%)
XRP: $0.58 (up 1.2%).
$30.20 (+3.9%) for Solana (SOL)
Chainlink (LINK) Key Movers: +12.8%
MATIC polygon: -5.7%

Market and Regulatory Trends

US: The SEC has not yet released advice on crypto rules.
Europe: The market is being shaped by MiCA legislation.
Asia: Hong Kong is becoming a center for cryptocurrency.
NFTs & DeFi
TVL at $49 billion, DeFi.
NFTs: Slow growth, with an emphasis on games and art.

Conclusion: Future developments are driven by institutional adoption and regulatory choices, and the industry is still robust.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 68425.65
ETH 2646.01
USDT 1.00
SBD 2.68