Most cryptocurrencies were trading in the negative early on October 11, as the global crypto market cap fell 3.26% on the previous day to $916.30 billion. Over the last 24 hours, however, overall crypto market volume increased by 63.81% to $54.09 billion.
The overall volume in DeFi was $3.64 billion, accounting for 6.73% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was $51.01 billion, accounting for 94.31% of the total 24-hour volume of the crypto market.
During the Asian session, Bitcoin is trading slightly bearish, dropping 2.05% in 24 hours to trade at $19,061.16. Whereas the second leading cryptocurrency, Ethereum, is down 3.28% to trade at $1,279.64.
Fear & Greed Index Signals "Extreme Risk"
Investors in the volatile cryptocurrency industry often show extreme displays of emotion. When the market rises, avarice can cause people to act in ways they later regret (fear of missing out). Also, the sight of red numbers often causes people...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...