The cryptocurrency trading quantity became considerably inspiring on 19th October 2024, with a trading quantity at some level of the total cryptocurrency market in the final 24 hours reaching $66.75 billion. Bitcoin ($BTC) restful leads the pack with a value of $68,367 and a market fragment of 57.6%. Phoenix, a crypto analytical platform, shared the crucial aspects of the crypto market via its official X memoir.
Every day Summary on October 19, 2024$WLD $AXS $PENDLE $ONDO $GALA $BTC $ETH $DOGE $SUI $SOL#dailysummary #DeFi #Crypto pic.twitter.com/LISjKPNY7u
— PHOENIX – Crypto News & Analytics (@pnxgrp) October 19, 2024
Ethereum Follows Bitcoin’s Lead with In sort Relate
Ethereum ($ETH) is the second most well-liked crypto coin by market capitalization, with a fresh tag of $2,642 and a market fragment of 13.6%. The market’s value stands at $2.35 trillion, with bigger than 30646 currencies in circulation.
The fresh market value locked in DeFi equals $142.86 billion, proving the sphere’s relevance. Volumes in the DeFi section continue to impress the total market, whereas interest in $SUI, $SOL, and $DOGE tokens is rising. The market is also actively tantalizing about tokens delight in $WLD, $AXS, and $PENDLE, which absorb changed costs over the previous 24 hours.
Various Top Crypto Gainers and Liquidations
Volatility drives market behavior, and several other cryptocurrencies absorb experienced tag actions. The final observe gainer in the previous 24 hours became $WLD, with a 1.94% tag upward thrust, followed by $AXS at 0.94%. $GALA and $ONDO experienced dips of 1.Forty eight% and 1.46%, respectively. These fluctuations, though critical, are considered as a part of the total market behavior due to liquidations.
Liquidations in the previous 24 hours totaled over $62.33 million, with BTC leading at $24.33 million in liquidated positions, followed by $ETH at $14.35 million. Various critical liquidations consist of DOGE at $7.7 million and $SOL at $5.24 million. This lisp displays the continuing shifts in market positions as merchants regulate to the current market conditions. The total sentiment in the crypto market is restful sure, because the Wretchedness and Greed Index ratings 73, which is greed.
