Global #crypto market

Major cryptocurrencies are experiencing sustained selling pressure this month, even as traditional safe-haven assets, gold and silver, rally.

The crypto market is currently experiencing minor daily pullbacks, with the total market capitalization hovering near $3.5 trillion.

Following a period of multi-month lows, the crypto market staged a solid rebound over the weekend, pushing the total market capitalization up by nearly 4% in 24 hours.

The crypto market is preparing for a significant week of token unlocks between November 3 and November 10, with over $312 million worth of previously locked tokens scheduled to enter circulation.

Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), has significantly updated its guidance on digital assets, tightening supervision as the government moves to implement comprehensive crypto licensing legislation.

Magic Eden's native token, ME, has become one of the top performers in the crypto market, recording a 35% price surge over the past 24 hours.

The crypto market is showing bullish signs, up nearly 4% as anticipation builds ahead of the Federal Open Market Committee (FOMC) meeting on October 28–29.

Bitcoin and the broader crypto market surged over the weekend, with Bitcoin gaining 3.5% to trade around $115,235.

The crypto market is finally set to receive a key piece of economic data with the release of September’s Consumer Price Index (CPI), following a prolonged U.S. government shutdown.

The world of crypto Exchange-Traded Products (ETPs) is expanding rapidly, with 155 active filings covering 35 different digital assets, and projections suggesting this number could exceed 200 within the next year.

Investor confidence in the crypto market is deteriorating, marked by significant capital flight from U.S. spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs).

Bitcoin experienced a significant price drop on Thursday, fueled primarily by a surge in short selling in the derivatives market, which triggered a massive $724 million liquidation event across the crypto market.