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The crypto prices today were in the green on Monday, October 30, suggesting that the investors are putting their bets on the riskier assets. Meanwhile, the market participants are eagerly waiting for the Fed’s stance at their upcoming gathering later this week, which can further trigger the ongoing rally or weigh on the market sentiment.
The investors will closely watch how the Fed is reacting to the still-high inflation and its plan to curb it. Although the market anticipates another rate hike by the end of this year, any further hawkish or dovish indication can widely affect the broader financial markets, let alone the crypto segment.
Meanwhile, in crypto prices, Bitcoin price inched up 0.89% to $34,318.95, while its volume rose 22.85% to $12.20 billion in the last 24 hours. Its market cap rose 0.88% to $670.15 billion during writing, and its price added over 12% in the last seven days.
The Ethereum price ticked up 0.46% to trade at $1,785.46, with its one-day volume rising 15.84% to $4.71 billion. Simultaneously, the XRP price gained 1.91% to $0.5542, and its volume over the last 24 hours surged 38.14% to $708.52 million.
Among other major cryptos, the Solana price added 3.81% to $32.95, while the Cardano price jumped 1.24% to $0.2944. The trading volume of both the cryptos were up 48.32% and 12.58% to $545.37 million and $152.21 million, respectively.
The meme coin segment also noted a positive sentiment, as evidenced by the gains in their prices. The Dogecoin price rose 0.61% to $0.06885, while its volume slipped 14.72% to $197.01 million. On the other hand, the Shiba Inu price soared 1.03% to $0.000007937 during writing, with its volume increasing 10.17% from yesterday to $135.06 million.
The gains in the major crypto prices have also pushed the market higher. The global crypto market cap was up 0.93% from yesterday to $1.27 trillion, and the market’s fear and greed index reading was at 72, suggesting a “greed” sentiment. Meanwhile, the market cap of the overall crypto market rose 14.63% in the last 24 hours to $27.53 billion.
Also Read: Dogecoin Price Levels to Watch As DOGE Chart Signals Multi-Year Breakout
The Top 4 Cryptos For Today Are
Pepe Coin Rises 3%
The popular meme coin, Pepe Coin stayed in the positive territory on Monday, indicating that the investors are putting their bets on the risker segments of the market. During writing, the Pepe coin price noted gains of 3.39% to trade at $0.000001176, while its trading volume slipped 8.41% to $106.84 million. Notably, the crypto was under the investors’ radar lately, as evidenced by the 56% gains in its price over the last seven days.
Axie Infinity (AXS) Soars 16%
The popular web3 gaming crypto, Axie Infinity price shot up 15.69% to trade at $5.79 as of writing on October 30, while its volume skyrocketed 386.02% to $239.83 million. Although there is no apparent news for the recent surge in the crypto’s price, it seems that a bullish momentum in the play-to-earn (P2E) and web3 gaming segment has triggered its rally.
Gala (GALA) Rises 14%
Another web3 gaming crypto, the Gala price noted gains of 14.23% and traded at $0.02055 as of writing, making it one of the top gainers today. Meanwhile, the crypto’s volume rocketed 234.37% to $248.92 million during writing, and its market cap rose 13.96% to $519.31 million.
Decentraland (MANA) Adds 9%
The Decentraland crypto was also on the top gainers’ list on Monday, indicating the growing confidence of investors in the blockchain gaming segment. The Decentraland price noted gains of 9% to $0.3788 as of writing, while its volume over the last 24 hours skyrocketed 255.35% to $121.35 million.
Also Read: Uniswap Whale and Institutional Interest Rising, UNI Price Breakout soon?
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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