Monday, October 2, 2023
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Altcoin Market in Chaos as Bitcoin, Ethereum Going Sideways

We have been analyzing the crypto market for a long time, but in the last few days the market has begun to grow. Many traders believed that they would have more opportunities to invest. However, the market seems to have begun to fall again. As you write this article, you can see that the market capitalization of the world’s cryptocurrencies is $ 1.68 trillion, down 3.16% from the previous day. On the other side, the total crypto market is $ 57.18 billion, down 1.08% in the last 24 hours.

After analyzing this, the market on Tuesday returned to the red. The market is shrinking completely again, and many expect it to grow further in the coming days. Most investors have been withdrawn from traders for a few days. So when you move to the market, Decentralized Finance is currently $ 9 billion, 15.74% of the total 24-hour crypto market. In addition to this, the amount of all stablecoins is currently estimated at $ 44.62 billion, which is 78.02% of the total 24-hour volume of the crypto market. Here are some coins in the market on the top cryptocurrency list.

Bitcoin, Ethereum, BNB, Solana, Polka dot, And even more coins are always in the eyes of traders. Coinmarketcap shows that both Bitcoin (BTC) and Ethereum (ETH) had a downturn. As for Bitcoin (BTC), coins are trading at $ 37,145, with trading volumes of $ 16,439,006,481.93 and prices down $ 747.19, 1.97% in the last 24 hours. Currently, the price of BTC in INR is rupees. 27,77,284.00 also decreased by 2.36% in the last 24 hours.

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On the other side, Ethereum is trading at $ 2,541, trading volumes at $ 10,414,930,346.77, and prices have fluctuated 2.67% over the last 24 hours. Although the ETH price of INR is reported in rupees. 2,08,876 while writing this article. There have been major changes in the market that also affect coins. There are some movements happening in the market.

The China Cyberspace Administration (CAC) has announced the start of an internal effort to accelerate blockchain development and innovation across 15 zones and 164 entities. It aims to implement blockchain technology on a large scale across Chinese companies and government agencies.

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Several government agencies, including the CAC, are planning to promote regulators to a centralized and balanced layout of the blockchain technology infrastructure in the region. On the other side, Fidelity’s application for Bitcoin ETFs has been rejected by the US Securities and Exchange Commission. The location and price of the coins are:

Top 7 coins

# coin price Market capitalization Volume (24 hours) supply Change Last 24 hours

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