Nine of the top 10 stocks rose, and 85 of the top 100 rose.
According to CoinMarketCap, the price of Bitcoin was $61,092.87 as of 9 am New York time, up 3.42% from 24 hours ago.
Ethereum 3.48%, Binance Coin 5.35%, Solana 2.75%, XRP 3.40%, Sibinu 38.91%, Polkadot 1.57%, and Dogecoin 22.99% rose.
At this time, the market capitalization of the cryptocurrency market was $2.583 trillion, with Bitcoin accounting for 44.6%.
On the Chicago Mercantile Exchange (CME), the Bitcoin futures price for the most actively traded October contract rose by $2,030 to $61,095, the November contract rose $2,105 to $61,520, and the December contract rose $2275 to $62,050. recorded
The Ethereum futures price rose by $145.50 in October to $4152.50, and the price in November rose by $155.75 to $4198.50.
Bitcoin rebounded above $61,000 and trading volume fell to around $40 billion.
Ethereum is also on the rise after regaining the above $4,100, and Shibainu and Dogecoin are surging together, competing for market capitalization rankings.
According to BeInCrypto, an analysis of the ASOL indicator, which measures the average age of transactional bitcoins by tracking the use of old bitcoins, showed that old bitcoins are not moving despite the recent bitcoin price rise.
The ASOL indicator reached an all-time high of 0.622 on August 5, when Bitcoin plummeted to $30,000 in July and then rebounded.
The indicator continued to decline and recently reached 0.6175, a bullish signal that the old coin is deprecated, supporting the possibility that the current uptrend may be a continuation of a bullish cycle.
Cointelegraph said that Dogecoin is on the rise following the price surge of Shibainu, and the current situation is due to traders’ attempts to take profit as Sibainu is overvalued in the market in view of some key indicators, especially the Relative Strength Index (RSI). analyzed as
Articles to read together
After Shibainu, Dogecoin soars… Trader arbitrage in progress