Crypto wrap-up: Market cap stayed above $1 trillion, BTC & ETH were top gainers

livemint.com:

The market capitalization of all cryptocurrencies is $1.06T, down 0.27% from yesterday. The overall volume of the cryptocurrency market during the last 24 hours reached $64.26B, a 41.82% fall. DeFi's total 24-hour volume is $4.09B, or 6.36% of the whole crypto market. According to data from CoinMarketCap, the total volume of all stable currencies is currently $58.26B, or 90.67% of the 24-hour volume of the whole crypto market. At the time, Bitcoin has a 38.61% market share, up 0.03% from the previous day.

With a market valuation of $407,904,907,681, Bitcoin is currently trading at $21,251.06 after losing 0.31% of its value over the previous 24 hours. When compared to the prior week, it is up 2.67%. Ethereum's price dropped by 0.82% during the previous day to $1,627.5, with a market value of $199,346,693,481. vs a weekly gain of 1.84%.

The top 5 Trending currencies as per the data of CoinMarketCap are Dogecoin currently trading at a market cap of $16,485,315,559 and at a price of $0.1243 down by 3.17% in the last 24 hours but has gained by 96.41% in the last 30 days. It is then followed by Bitcoin which has gained 6.53% in the last 30 days, Mask Network by 303.18%, Shiba Inu by 11.74% and Ethereum by 20.19% in the last 30 days. With a gain of 2.66%, Bitcoin continued to lead the weekly chart, followed by Mask Network (106.5%), Shiba Inu (0.38%), Ethereum (1.80%), and Galxe (5.35%).

Parth Chaturvedi, Crypto Ecosystem Lead, CoinSwitch said “Crypto prices remain resilient even as macro developments unfold. CRE8, an Indian Rupee denominated Virtual Digital Asset (crypto) index was up 8.75% in the past 7 days. The Index value stood at ₹3016.41 at 8 AM, November 04, 2022."

“Couple of major announcements shaped market activity