Global #cryptocurrency market

In this week’s report, we examine the latest happenings in the cryptocurrency market, including significant regulatory developments, shifts in stablecoin market shares, and the implications of recent volatility in traditional markets.

The latest CoinGecko Q3 Crypto Industry Report reveals that the overall cryptocurrency market has contracted by 1.0%. Despite this slight decline, Bitcoin has reached a three-year high in market dominance, while Ethereum is experiencing challenges across several metrics.

Chainalysis' 2024 Geography of Cryptocurrency Report has revealed that Latin America is a burgeoning cryptocurrency market, ranking fifth globally in terms of transaction value.

Today’s cryptocurrency market is experiencing a choppy phase, with widespread declines across major assets. The total market capitalization has decreased by 2.26% in the past 24 hours, now sitting at $2.13 trillion.

In a recent statement, analyst Kendrick shared his bold predictions regarding the future of cryptocurrencies based on the outcome of the upcoming presidential election.

The global cryptocurrency market experienced a slight downturn today, with a total market capitalization decreasing by 0.28% to $2.17 trillion. In conjunction with this dip, 24-hour trading volumes fell significantly, down 11.09% to $69.42 billion.