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Today in Crypto: 11/4/21
A two-minute summary of what is happening in the crypto markets today.
Today’s Metrics (from Coingecko):
Global Market Cap: $2.81T ⬇0.9%
Volume: $175B
Bitcoin Spot/Market Cap/Dominance: $61.3K/$1.16T/41.1%
Ethereum Spot/Market Cap/Dominance: $4.49K/$531B/18.9%
Biggest Gainers over the last 24 hours (Top 100 coins on Coingecko.com)
Amp (AMP) ⬆30.5% $0.0765
OMG Network (OMG)⬆17.1% $16.83
eCash (XEC) ⬆17.7% $0.000209
Market Summary: Bitcoin remains rangebound and could be consolidating before its next move higher (or lower). Meanwhile, altcoins continue outperforming. Many coins in the top 10 are making moves and we can see DOT and SOL climbing the ranks.
Meanwhile, SHIB has fallen out of the top 10. Metaverse is this week’s topic du jour. The Fed announced yesterday that they will be tapering their bond purchases which may have an impact on the economy.
Crypto Fear and Greed Index
