Trending in the Crypto World 03 November 2024
Nov 03, 09:05 PM
Trending in the Crypto world for November 3, 2024!
Top 10 Trending š:
Top 10 Trending š:
- $GRASS #Grass +7.31% (Current Price: $1.59)
- $BTC #Bitcoin +0.95% (Current Price: $68,861.61)
- $SOL #Solana +2.65% (Current Price: $162.24)
- $SUI #Sui +2.53% (Current Price: $1.86)
- $GOAT #Goatseus Maximus +14.74% (Current Price: $0.5136)
- $ETH #Ethereum +1.15% (Current Price: $2,464.77)
- $CARV #CARV +12.84% (Current Price: $0.8137)
- $DOGE #Dogecoin +6.25% (Current Price: $0.1499)
- $PEPE #Pepe +6.48% (Current Price: $0.00008175)
- $TAO #Bittensor +0.29% (Current Price: $437.68)
Data sourced from CoinMarketCap's trending cryptocurrencies.
Fear/Greed Index: 74 (Greed) š
The Crypto Fear & Greed Index is currently at 74, indicating a greedy market sentiment.Ā
Top 5 Gainers:
Fear/Greed Index: 74 (Greed) š
The Crypto Fear & Greed Index is currently at 74, indicating a greedy market sentiment.Ā
Top 5 Gainers:
- $GRASS #Grass +97.40% (Current Price: $1.59)
- $GOAT #Goatseus Maximus +11.62% (Current Price: $0.5136)
- $LUCE #LUCE +45.94% (Current Price: $0.02211)
- $CARV #CARV +1.06% (Current Price: $0.8137)
- $NOS #Nosana +29.82% (Current Price: $2.79)
Top 5 Losers:
- $BTC #Bitcoin -1.80% (Current Price: $68,228.00)
- $ETH #Ethereum -1.82% (Current Price: $2,449.45)
- $SOL #Solana -1.93% (Current Price: $163.00)
- $PYTH #Pyth -9.29% (Current Price: $0.33010)
- $LINK #Chainlink -1.87% (Current Price: $10.98)
Crypto News Brief
Bitcoin Nears Highs. Crypto Is Already the Election's Big Winner.
Bitcoin has surged to nearly its all-time high of $73,500, a 63% increase this year, marking a stark recovery from the 2022 crypto crash. The crypto industry is seen as a significant winner in the upcoming U.S. presidential election, regardless of whether former President Donald Trump or Vice President Kamala Harris wins. Both candidates have shown openness towards supporting the industry, with Trump being particularly pro-crypto, committing to making the U.S. the "crypto capital of the world." Intense lobbying and contributions from the industry, totaling $130 million this election cycle, have made a notable impact, with crypto-friendly candidates gaining ground. The industry's priority is to pass key legislations on stablecoins and regulatory frameworks that would favor it by shifting oversight from the SEC to the Commodity Futures Trading Commission. The election's outcome could significantly influence regulation and market dynamics for Bitcoin and other crypto firms. Analysts believe regulatory clarity post-election will be crucial, with the potential for immediate positive market reactions, especially if Trump wins and current SEC Chair Gary Gensler is replaced with a more industry-friendly leader.Ā
#Crypto #Trending #Bitcoin #Ethereum #Altcoins
Bitcoin Nears Highs. Crypto Is Already the Election's Big Winner.
Bitcoin has surged to nearly its all-time high of $73,500, a 63% increase this year, marking a stark recovery from the 2022 crypto crash. The crypto industry is seen as a significant winner in the upcoming U.S. presidential election, regardless of whether former President Donald Trump or Vice President Kamala Harris wins. Both candidates have shown openness towards supporting the industry, with Trump being particularly pro-crypto, committing to making the U.S. the "crypto capital of the world." Intense lobbying and contributions from the industry, totaling $130 million this election cycle, have made a notable impact, with crypto-friendly candidates gaining ground. The industry's priority is to pass key legislations on stablecoins and regulatory frameworks that would favor it by shifting oversight from the SEC to the Commodity Futures Trading Commission. The election's outcome could significantly influence regulation and market dynamics for Bitcoin and other crypto firms. Analysts believe regulatory clarity post-election will be crucial, with the potential for immediate positive market reactions, especially if Trump wins and current SEC Chair Gary Gensler is replaced with a more industry-friendly leader.Ā
#Crypto #Trending #Bitcoin #Ethereum #Altcoins