Cryptocurrency Market is Roiling: Here are the Winners and Losers of the Day!

Today, there are turbulent hours in the cryptocurrency market. Investors are closely following the developments. The total value of the global cryptocurrency market remained at $2.34 trillion, the same as yesterday. However, the trading volume decreased by 3% to $89.53 billion. Let's take a look at the recent price movements of the cryptocurrencies that stood out in the first days of November on Kriptokoin.com.

Today in Leading Cryptocurrency Bitcoin and Ethereum Prices

Bitcoin reached $69,675 with a slight increase of 0.5% in the last 24 hours. The lowest and highest values during the day ranged from $68,803.31 to $71,559.02. Additionally, BTC's market value increased to $1.38 trillion, and its market dominance rose by 0.10% to 58.94%. According to Sosovalue data, there was a $54.94 million outflow from spot Bitcoin ETFs on November 1st. Fluctuations in BTC price are worrying investors. However, a positive scenario could lead to a price increase up to $73,750. On the other hand, if things turn around, the crypto could drop to $66,000.

Ethereum reached $2,503 with a small increase of 0.13% during the day. Additionally, the price fluctuated between $2,482.63 and $2,583.78. Ethereum's market value increased to $301.64 billion. There was a $10.93 million outflow from spot Ethereum ETFs on November 1st. The $2,530 support level is an important confidence point for investors in ETH price. If it can maintain this level, the price will see an upward trend towards $2,800. However, if bears take over the market, the price of the cryptocurrency will experience a drop of up to $2,200.

Today in Solana and XRP Prices

Solana (SOL) has had a very active 24 hours and is currently trading at $167. Also, the lowest and highest prices during the day were recorded as $164.03 and $173.85. Solana's market value remained stable at $78.6 billion. The cryptocurrency could test the $200 level in November.

XRP fell to $0.5147 with a decline of about 1% in the last 24 hours. The price range during the day was between $0.5093 and $0.5234. Additionally, the market value of XRP is at $29.27 billion. The news of Ripple holding 900 million XRP in recent days caught the attention of investors. This news created some movement in the markets. If bulls dominate the market, the price will test the resistance level of $0.560. However, if selling pressure increases, there will be a pullback to $0.480.

Cryptocurrencies That Won and Lost Today

Raydium (RAY) has gained more than 15% in the last 24 hours, reaching $3.56. The lowest and highest prices during the day ranged from $3.02 to $3.59. Cardano (ADA) rose by 6% to $0.3619. Monero (XMR) also traded at $159, an increase of 5%.

On the other hand, Immutable (IMX) fell by 6% to $1.09. Optimism (OP) also dropped by 6% to $1.51. Artificial Superintelligence Alliance (FET) declined by 5% to $1.23. The bearish sentiment in the cryptocurrency markets continues.

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