In recent days, amid the main fluctuations in the macroeconomy, the cryptocurrency market remained stable by moving around USD 1,090 trillion (-0.06%) on the morning of this Thursday (5), while Bitcoin.
It was trading in the USD 27,600 area (+0.49%) with a market dominance of 49.7%.
The muted activity was seen in most of the major altcoins in terms of market capitalization, despite some gains of up to triple digit percentages. These cases can be considered exceptions due to the lack of clear direction from investors in the context of the macroeconomy.
In general terms, the slight decrease in Treasuries, US Treasury bonds, the fall in oil and the reduction in the opening of new jobs in the United States in September, according to the ADP survey that precedes the official data of the government (the payroll), are positive signals for the venture capital (VC) associated with cryptocurrencies.
Among the top altcoins in terms of market capitalization, TWT was trading at USD 0.89 (+9%), AAVE was trading at USD 69.33 (+5.92%), AVAX was worth USD 10.25 (+4.93%), RUNE was valued at USD 10.25 (+4.93%), was equal to USD 2.07 (+4.75%), MINA was exchanged for USD 0.38 (+2.43%), FLOKI represented USD 0.00018 (+7%), MAGIC was traded for USD 0.56 (+5.54%) and LQTY became USD 1.17 (+4.77%).
On the other hand, some cryptocurrencies showed drops of up to double digit percentages: RPL was valued at USD 20.72 (-3.14%), MATIC was quoted at USD 0.56 (-4.33%), GALA represented USD 0.015 (-5.10%), DAO was at USD 0.66 (-5.97%), PUNDIX was at USD 0.36 (-4.64%), XCH was worth USD 22.96 (-2.80%) and TRB was at USD 45.98 (-2.24%).
Some altcoins with market caps above $100 million were seeing double-digit gains: Loom Network (LOOM) was trading at $0.15 (+25.50%) and STP was priced at USD 0.069 (+29%).
It was trading in the USD 27,600 area (+0.49%) with a market dominance of 49.7%.
The muted activity was seen in most of the major altcoins in terms of market capitalization, despite some gains of up to triple digit percentages. These cases can be considered exceptions due to the lack of clear direction from investors in the context of the macroeconomy.
In general terms, the slight decrease in Treasuries, US Treasury bonds, the fall in oil and the reduction in the opening of new jobs in the United States in September, according to the ADP survey that precedes the official data of the government (the payroll), are positive signals for the venture capital (VC) associated with cryptocurrencies.
Among the top altcoins in terms of market capitalization, TWT was trading at USD 0.89 (+9%), AAVE was trading at USD 69.33 (+5.92%), AVAX was worth USD 10.25 (+4.93%), RUNE was valued at USD 10.25 (+4.93%), was equal to USD 2.07 (+4.75%), MINA was exchanged for USD 0.38 (+2.43%), FLOKI represented USD 0.00018 (+7%), MAGIC was traded for USD 0.56 (+5.54%) and LQTY became USD 1.17 (+4.77%).
On the other hand, some cryptocurrencies showed drops of up to double digit percentages: RPL was valued at USD 20.72 (-3.14%), MATIC was quoted at USD 0.56 (-4.33%), GALA represented USD 0.015 (-5.10%), DAO was at USD 0.66 (-5.97%), PUNDIX was at USD 0.36 (-4.64%), XCH was worth USD 22.96 (-2.80%) and TRB was at USD 45.98 (-2.24%).
Some altcoins with market caps above $100 million were seeing double-digit gains: Loom Network (LOOM) was trading at $0.15 (+25.50%) and STP was priced at USD 0.069 (+29%).