Oct 18, 2023 Crypto Market Analysis & Trend: High
Cryptocurrency market analysis suggests a high trend for the next 8 hours. Evidence from various data tables, combined with analysis confidence, indicates positive sentiment in multiple aspects of the market. However, the presence of negative keywords and recent regulatory actions raises some concerns. Let’s delve into the details and explore the current state and potential future developments in the cryptocurrency market.
Based on the analysis of the available data, it is evident that the market is currently in a high trend for the next 8 hours. The positive sentiment from market capitalizations, active addresses, and various news articles contributes to this analysis.
In terms of practical implications, investors should consider the market volatility and the potential impact of regulatory actions, which could affect certain cryptocurrencies and exchanges. It is important to conduct thorough research and exercise caution while making investment decisions.
Looking ahead, it is anticipated that the cryptocurrency market will continue to experience fluctuations and be influenced by global economic events, regulatory developments, and market sentiment. Traders and investors should closely monitor market trends and news updates to identify potential opportunities and risks.
What is important
The key points that are essential to understanding the current state of the cryptocurrency market are as follows:
– Positive sentiment from market capitalizations and volumes, with significant gains observed across major cryptocurrencies.
– The Fear and Greed Indicators reflect a mixed sentiment, with indicators oscillating between greed and fear.
– Bitcoin address indicators indicate a moderate level of active addresses and wallet balances, suggesting sustained interest and activity in the Bitcoin network.
– Economic events in the global financial market are expected to have a moderate impact on the cryptocurrency market.
– Prices of major cryptocurrencies have seen both positive and negative variations in the last 24 hours, showing volatility and potential opportunities for traders.
– The market capitalizations and volumes of major exchanges have experienced both positive and negative variations, indicating a constantly evolving landscape.
– Mining indicators show stable difficulty levels, mined blocks, block rewards, and hash rates, suggesting a consistent computational mining capacity.
Top 5 – Latest Headlines & Cryptocurrency News
- Bitcoin Price Surges Amid Rumors of BlackRock ETF Approval, as This New BTC Clone is Also Backed to Explode– Bitcoin price surges amid rumors of BlackRock ETF approval as new BTC clone backed to explode.
- Analyst Claims Bitcoin Price Spike Confirms $20,000 Target, BlackRock CEO Disagrees– BlackRock CEO disagrees with Bitcoin bearish outlook.
- Bitcoin Investor Scaramucci Names 3 Reasons Why He´s Bullish on Flagship Cryptocurrency– Scaramucci shares three reasons for his optimistic outlook on Bitcoin.
- Binance Stops Accepting New Users in UK to Comply With Crypto Regulations– Binance stops accepting new users in the UK to comply with crypto regulations.
- Blackrock CEO Larry Fink Sees Global Demand and ´Pent-up Interest in Crypto´ Amid Israel-Hamas War– BlackRock CEO Larry Fink sees global demand and pent-up interest in crypto amid Israel-Hamas war.
Factors Driving the Growth – Market Sentiment
After analyzing the ‘Positive Keywords’ and ‘Negative Keywords’ tables, it is evident that positive sentiment is prevailing in the news surrounding the cryptocurrency market in the last 24 hours. Prominent positive keywords such as ‘bitcoin,’ ‘bullish,’ and ‘blackrock’ appear frequently in the analyzed news articles, indicating optimism and bullish sentiment. On the other hand, the negative keywords, including ‘binance,’ ‘hacked,’ and ‘regulatory,’ highlight some ongoing challenges and concerns in the market. While it is essential to consider the balanced nature of sentiment, the prevalence of positive keywords suggests a generally positive outlook in the cryptocurrency market.
Positive Terms – Sentiment Analysis
| Occurrences | Keyword |
|---|---|
| 12 | bitcoin |
| 5 | bullish |
| 4 | blackrock |
| 4 | crypto |
| 3 | price |
| 3 | recovers |
| 3 | sol |
| 2 | approvals |
| 2 | bitcoin etf |
| 2 | btc |
Negative Terms – Sentiment Analysis
| Occurrences | Keyword |
|---|---|
| 9 | fantom foundation |
| 8 | binance us |
| 7 | cryptocurrency market |
| 6 | binance |
| 5 | bitcoin |
| 3 | coinbase |
| 3 | crypto |
| 3 | hacked |
| 3 | |
| 3 | usd withdrawals |
Crypto Investor Fear & Greed Index
The ‘Fear and Greed Indicators’ table offers insights into the sentiment surrounding the cryptocurrency market. The indicators indicate a mixed sentiment, with oscillations between greed and fear. While some indicators reflect extreme fear or greed, the majority fall within the fear and greed categories. This suggests that market participants have varying levels of sentiment, resulting in a dynamic and volatile market environment. It is crucial to consider the impact of these sentiments when assessing the potential risks and opportunities within the cryptocurrency market.
| Date | Value | Variation | Source |
|---|---|---|---|
| 2023-10-18 00:00:00 | 50pt | -2pt | Alternative.me |
| 2023-10-18 00:00:00 | 52pt | 0pt | Alternative.me |
| 2023-10-17 00:00:00 | 47pt | 0pt | Alternative.me |
| 2023-10-17 00:00:00 | 52pt | 5pt | Alternative.me |
| 2023-10-16 00:00:00 | 45pt | 0pt | Alternative.me |
| 2023-10-16 00:00:00 | 47pt | 2pt | Alternative.me |
| 2023-10-18 00:00:00 | 52pt | 0pt | BitDegree.org |
| 2023-10-17 06:00:00 | 52pt | 5pt | BitDegree.org |
| 2023-10-17 00:00:00 | 47pt | 0pt | BitDegree.org |
| 2023-10-16 07:00:00 | 47pt | 2pt | BitDegree.org |
| 2023-10-16 00:00:00 | 45pt | 0pt | BitDegree.org |
| 2023-10-18 00:00:00 | 56pt | 0pt | BtcTools.io |
| 2023-10-18 00:00:00 | 58pt | 2pt | BtcTools.io |
| 2023-10-17 16:00:00 | 56pt | -3pt | BtcTools.io |
| 2023-10-17 08:00:00 | 59pt | 2pt | BtcTools.io |
| 2023-10-17 00:00:00 | 57pt | 1pt | BtcTools.io |
| 2023-10-16 16:00:00 | 56pt | 4pt | BtcTools.io |
| 2023-10-16 08:00:00 | 52pt | 14pt | BtcTools.io |
| 2023-10-16 00:00:00 | 38pt | 3pt | BtcTools.io |
| 2023-10-15 16:00:00 | 35pt | 0pt | BtcTools.io |
| 2023-10-18 00:00:00 | 50pt | -2pt | Coinstats.app |
| 2023-10-17 00:00:00 | 52pt | 5pt | Coinstats.app |
| 2023-10-16 00:00:00 | 45pt | 0pt | Coinstats.app |
| 2023-10-16 00:00:00 | 47pt | 2pt | Coinstats.app |
| 2023-10-18 06:00:00 | 52pt | 0pt | LookIntoBitcoin.com |
| 2023-10-17 00:00:00 | 52pt | 5pt | LookIntoBitcoin.com |
| 2023-10-16 06:00:00 | 47pt | 0pt | LookIntoBitcoin.com |
| 2023-10-18 00:00:00 | 50pt | -2pt | Milkroad.com |
| 2023-10-18 00:00:00 | 52pt | 0pt | Milkroad.com |
| 2023-10-17 00:00:00 | 47pt | 0pt | Milkroad.com |
| 2023-10-17 00:00:00 | 52pt | 5pt | Milkroad.com |
| 2023-10-16 00:00:00 | 45pt | 0pt | Milkroad.com |
| 2023-10-16 00:00:00 | 47pt | 2pt | Milkroad.com |
Bitcoin: Active Addresses
The ‘Bitcoin Address Indicators’ table provides valuable information about the activity and growth of addresses in the Bitcoin network. The data reveals a moderate level of active addresses and wallet balances, indicating sustained interest and activity in the Bitcoin network. This suggests that users and investors continue to engage with Bitcoin, contributing to its market presence and potential future developments. The consistent growth and stability in these indicators demonstrate the robustness and resilience of the Bitcoin network.
| Date | Value | Variation | Address | Source |
|---|---|---|---|---|
| 2023-10-16 00:00:00 | 889,974 | 1.07% | Bitcoin Active Addresses | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 880,470 | -0.16% | Bitcoin Active Addresses | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 881,838 | -0.58% | Bitcoin Active Addresses | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 886,988 | -0.01% | Bitcoin Active Addresses | LookIntoBitcoin.com |
| 2023-10-16 00:00:00 | 12,314,990 | -0.04% | Addresses with Balance > 0.01 Bitcoin | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 12,319,832 | 0.06% | Addresses with Balance > 0.01 Bitcoin | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 12,312,856 | 0.01% | Addresses with Balance > 0.01 Bitcoin | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 12,311,070 | 0.01% | Addresses with Balance > 0.01 Bitcoin | LookIntoBitcoin.com |
| 2023-10-16 00:00:00 | 4,489,878 | -0.02% | Addresses with Balance > 0.1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 4,490,647 | 0.04% | Addresses with Balance > 0.1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 4,489,044 | -0.02% | Addresses with Balance > 0.1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 4,489,828 | 0.05% | Addresses with Balance > 0.1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-16 00:00:00 | 1,018,233 | -0.02% | Addresses with Balance > 1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 1,018,408 | 0.03% | Addresses with Balance > 1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 1,018,058 | -0.14% | Addresses with Balance > 1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 1,019,433 | 0.01% | Addresses with Balance > 1 Bitcoin | LookIntoBitcoin.com |
| 2023-10-16 00:00:00 | 156,200 | -0.04% | Addresses with Balance > 10 Bitcoin | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 156,257 | 0.01% | Addresses with Balance > 10 Bitcoin | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 156,237 | -0.66% | Addresses with Balance > 10 Bitcoin | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 157,262 | -0.02% | Addresses with Balance > 10 Bitcoin | LookIntoBitcoin.com |
| 2023-10-16 00:00:00 | 15,980 | 0.03% | Addresses with Balance > 100 Bitcoin | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 15,976 | 0.01% | Addresses with Balance > 100 Bitcoin | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 15,975 | 0.68% | Addresses with Balance > 100 Bitcoin | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 15,867 | 0.02% | Addresses with Balance > 100 Bitcoin | LookIntoBitcoin.com |
| 2023-10-16 00:00:00 | 2,012 | 0.35% | Addresses with Balance > 1000 Bitcoin | LookIntoBitcoin.com |
| 2023-10-15 00:00:00 | 2,005 | 0.00% | Addresses with Balance > 1000 Bitcoin | LookIntoBitcoin.com |
| 2023-10-14 00:00:00 | 2,005 | 0.10% | Addresses with Balance > 1000 Bitcoin | LookIntoBitcoin.com |
| 2023-10-13 00:00:00 | 2,003 | -0.10% | Addresses with Balance > 1000 Bitcoin | LookIntoBitcoin.com |
Economic events to move the cryptocurrency market
The ‘Economic Events’ table highlights the potential impact of global financial events on the cryptocurrency market. The table includes various events such as EIA reports, housing market data, and central bank speeches. It is expected that these events will have a moderate impact on the cryptocurrency market, considering their relevance to the broader financial landscape. Traders and investors should closely monitor these events to gauge potential market movements and adjust their strategies accordingly.
| Date | Impact | Event |
|---|---|---|
| 2023-10-19 14:30:00 | Moderate | EIA Natural Gas Report Week over Week |
| 2023-10-19 14:00:00 | High | Existing Home Sales Year over Year |
| 2023-10-19 14:00:00 | High | Existing Home Sales Annual Rate |
| 2023-10-19 14:00:00 | High | Existing Home Sales Month over Month |
| 2023-10-19 12:30:00 | High | Jobless Claims Initial Claims – Level |
| 2023-10-19 12:30:00 | High | Jobless Claims 4-Week Moving Average |
| 2023-10-19 12:30:00 | High | Jobless Claims Initial Claims – Change |
| 2023-10-19 12:30:00 | High | Philadelphia Fed Manufacturing Index Index |
| 2023-10-18 23:50:00 | Moderate | JPY – Trade Balance (Sep) |
| 2023-10-18 23:50:00 | Moderate | JPY – Exports (YoY) (Sep) |
| 2023-10-18 23:50:00 | Moderate | JPY – Adjusted Trade Balance |
| 2023-10-18 20:00:00 | Moderate | USD – TIC Net Long-Term Transactions (Aug) |
| 2023-10-18 20:00:00 | Moderate | Treasury International Capital Net Long-Term Securities Transactions |
| 2023-10-18 19:15:00 | Moderate | USD – FOMC Member Harker Speaks |
| 2023-10-18 18:00:00 | Moderate | USD – Federal Budget Balance (Sep) |
| 2023-10-18 18:00:00 | Moderate | USD – Beige Book |
| 2023-10-18 17:00:00 | Moderate | USD – FOMC Member Bowman Speaks |
| 2023-10-18 17:00:00 | Moderate | USD – 20-Year Bond Auction |
| 2023-10-18 16:30:00 | Moderate | USD – FOMC Member Williams Speaks |
| 2023-10-18 16:00:00 | Moderate | USD – Fed Waller Speaks |
| 2023-10-18 14:30:00 | Moderate | USD – Cushing Crude Oil Inventories |
| 2023-10-18 14:30:00 | High | USD – Crude Oil Inventories |
| 2023-10-18 14:30:00 | High | EIA Petroleum Status Report Gasoline Inventories – W/W |
| 2023-10-18 14:30:00 | High | EIA Petroleum Status Report Crude Oil Inventories – W/W |
| 2023-10-18 14:30:00 | High | EIA Petroleum Status Report Distillate Inventories – W/W |
| 2023-10-18 12:30:00 | Moderate | USD – Housing Starts (Sep) |
| 2023-10-18 12:30:00 | Moderate | USD – Housing Starts (MoM) (Sep) |
| 2023-10-18 12:30:00 | High | USD – Building Permits (Sep) |
| 2023-10-18 12:30:00 | Moderate | USD – Building Permits (MoM) (Sep) |
| 2023-10-18 12:30:00 | High | Housing Starts and Permits Starts – Annual Rate |
| 2023-10-18 12:30:00 | High | Housing Starts and Permits Permits – Annual Rate |
| 2023-10-18 12:15:00 | Moderate | CAD – Housing Starts (Sep) |
| 2023-10-18 12:00:00 | Moderate | BRL – Retail Sales (MoM) (Aug) |
| 2023-10-18 12:00:00 | Moderate | BRL – Retail Sales (YoY) (Aug) |
| 2023-10-18 10:00:00 | Moderate | EUR – German Buba Wuermeling Speaks |
| 2023-10-18 09:30:00 | Moderate | EUR – German 10-Year Bund Auction |
| 2023-10-18 09:00:00 | Moderate | EUR – ECB President Lagarde Speaks |
| 2023-10-18 09:00:00 | High | EUR – CPI (YoY) (Sep) |
| 2023-10-18 09:00:00 | Moderate | EUR – CPI (MoM) (Sep) |
| 2023-10-18 09:00:00 | Moderate | EUR – Core CPI (YoY) (Sep) |
| 2023-10-18 08:20:00 | Moderate | EUR – German Buba Wuermeling Speaks |
| 2023-10-18 07:30:00 | Moderate | EUR – ECB´s Elderson Speaks |
| 2023-10-18 07:00:00 | Moderate | EUR – European Central Bank Non-monetary Policy Meeting |
| 2023-10-18 06:00:00 | Moderate | GBP – PPI Input (MoM) (Sep) |
| 2023-10-18 06:00:00 | High | GBP – CPI (YoY) (Sep) |
| 2023-10-18 06:00:00 | Moderate | GBP – CPI (MoM) (Sep) |
| 2023-10-18 02:00:00 | Moderate | CNY – NBS Press Conference |
| 2023-10-18 02:00:00 | Moderate | CNY – Chinese Unemployment Rate (Sep) |
| 2023-10-18 02:00:00 | Moderate | CNY – Chinese Industrial Production YTD (YoY) (Sep) |
| 2023-10-18 02:00:00 | Moderate | CNY – Industrial Production (YoY) (Sep) |
| 2023-10-18 02:00:00 | Moderate | CNY – Chinese GDP YTD (YoY) (Q3) |
| 2023-10-18 02:00:00 | High | CNY – GDP (YoY) (Q3) |
| 2023-10-18 02:00:00 | Moderate | CNY – GDP (QoQ) (Q3) |
| 2023-10-18 02:00:00 | Moderate | CNY – Fixed Asset Investment (YoY) (Sep) |
| 2023-10-17 22:35:00 | Moderate | AUD – RBA Assist Gov Bullock Speaks |
| 2023-10-17 21:00:00 | Moderate | USD – FOMC Member Kashkari Speaks |
| 2023-10-17 20:30:00 | Moderate | USD – API Weekly Crude Oil Stock |
| 2023-10-17 18:00:00 | Moderate | USD – Federal Budget Balance (Sep) |
| 2023-10-17 17:00:00 | Moderate | EUR – ECB´s De Guindos Speaks |
| 2023-10-17 17:00:00 | Moderate | EUR – German Buba President Nagel Speaks |
| 2023-10-17 14:00:00 | Moderate | USD – Retail Inventories Ex Auto (Aug) |
| 2023-10-17 14:00:00 | Moderate | USD – Business Inventories (MoM) (Aug) |
| 2023-10-17 14:00:00 | Moderate | Business Inventories Month over Month |
| 2023-10-17 14:00:00 | Moderate | Housing Market Index Index |
| 2023-10-17 13:20:00 | Moderate | USD – FOMC Member Bowman Speaks |
| 2023-10-17 13:15:00 | Moderate | USD – Industrial Production (MoM) (Sep) |
| 2023-10-17 13:15:00 | Moderate | USD – Industrial Production (YoY) (Sep) |
| 2023-10-17 13:15:00 | High | Industrial Production Industrial Production – M/M |
| 2023-10-17 13:15:00 | High | Industrial Production Manufacturing Output – M/M |
| 2023-10-17 13:15:00 | High | Industrial Production Capacity Utilization Rate |
| 2023-10-17 12:30:00 | Moderate | CAD – Foreign Securities Purchases (Aug) |
| 2023-10-17 12:30:00 | Moderate | CAD – CPI (MoM) (Sep) |
| 2023-10-17 12:30:00 | Moderate | CAD – Core CPI (YoY) (Sep) |
| 2023-10-17 12:30:00 | Moderate | CAD – Core CPI (MoM) (Sep) |
| 2023-10-17 12:30:00 | High | USD – Retail Sales (MoM) (Sep) |
| 2023-10-17 12:30:00 | Moderate | USD – Retail Control (MoM) (Sep) |
| 2023-10-17 12:30:00 | High | USD – Core Retail Sales (MoM) (Sep) |
| 2023-10-17 12:30:00 | High | Retail Sales Ex-Vehicles & Gas – M/M |
| 2023-10-17 12:30:00 | High | Retail Sales Ex-Vehicles – M/M |
| 2023-10-17 12:30:00 | High | Retail Sales Retail Sales – M/M |
| 2023-10-17 12:15:00 | Moderate | CAD – Housing Starts (Sep) |
| 2023-10-17 12:00:00 | Moderate | USD – FOMC Member Williams Speaks |
| 2023-10-17 11:50:00 | Moderate | EUR – ECB´s Supervisory Board Member Jochnick Speaks |
| 2023-10-17 09:00:00 | Moderate | EUR – ZEW Economic Sentiment (Oct) |
| 2023-10-17 09:00:00 | Moderate | EUR – German ZEW Economic Sentiment (Oct) |
| 2023-10-17 09:00:00 | Moderate | EUR – German ZEW Current Conditions (Oct) |
Crypto Assets Prices
The ‘Prices’ table offers insights into the price variations and volatility of major cryptocurrencies in the last 24 hours. The data shows both positive and negative price variations, indicating volatility and potential opportunities for traders. The market continues to show fluctuations, suggesting the importance of closely monitoring price movements and conducting thorough analysis before making investment decisions.
| Date | Cryptocurrency | Price | Price Variation | 24h Variation | 24h Variation Difference | 24h Volatility | 24h Volatility Difference |
|---|---|---|---|---|---|---|---|
| 2023-10-18 00:00:00 | Bitcoin | 28,395.91 | -0.37% | 0.42 | -4.59% | 1.94 | -8.59% |
| 2023-10-17 00:00:00 | Bitcoin | 28,500.77 | 4.72% | 5.01 | 3.87% | 10.53 | 8.72% |
| 2023-10-16 00:00:00 | Bitcoin | 27,154.15 | 0.00% | 1.14 | 0.00% | 1.81 | 0.00% |
| 2023-10-18 00:00:00 | Ethereum | 1,565.00 | -2.20% | -1.70 | -4.45% | 3.01 | -2.32% |
| 2023-10-17 00:00:00 | Ethereum | 1,599.41 | 2.60% | 2.75 | 2.40% | 5.32 | 4.02% |
| 2023-10-16 00:00:00 | Ethereum | 1,557.77 | 0.00% | 0.35 | 0.00% | 1.30 | 0.00% |
| 2023-10-18 00:00:00 | Binance Coin | 211.40 | -1.51% | -1.17 | -3.31% | 2.82 | -1.46% |
| 2023-10-17 00:00:00 | Binance Coin | 214.60 | 2.28% | 2.14 | 0.79% | 4.29 | 1.04% |
| 2023-10-16 00:00:00 | Binance Coin | 209.70 | 0.00% | 1.35 | 0.00% | 3.25 | 0.00% |
Cryptocurrency Capitalization and Volume
The ‘Market Capitalizations and Volumes’ table provides valuable information about the total market capitalization and volume of major cryptocurrencies. The data showcases significant gains in market capitalization and volumes, indicating positive sentiment and increased activity in the cryptocurrency market. It is crucial to consider these figures when assessing the overall market strength and potential investment opportunities.
| Date | Cryptocurrency | Capitalization | Capitalization Variation | Volume | Volume Variation |
|---|---|---|---|---|---|
| 2023-10-18 00:00:00 | Binance Coin | 32,546,932,705 | -1.51% | 359,765,971 | -95.19% |
| 2023-10-17 00:00:00 | Binance Coin | 33,039,192,997 | 2.32% | 702,245,030 | 47.02% |
| 2023-10-16 00:00:00 | Binance Coin | 32,272,040,344 | 1.55% | 372,061,001 | 55.88% |
| 2023-10-18 00:00:00 | Bitcoin | 554,543,286,509 | -0.35% | 13,458,352,054 | -121.67% |
| 2023-10-17 00:00:00 | Bitcoin | 556,509,390,417 | 4.77% | 29,833,510,704 | 73.40% |
| 2023-10-16 00:00:00 | Bitcoin | 529,964,790,141 | 1.13% | 7,935,672,808 | 79.32% |
| 2023-10-18 00:00:00 | Ethereum | 188,253,081,517 | -2.16% | 7,580,645,614 | -99.83% |
| 2023-10-17 00:00:00 | Ethereum | 192,317,986,892 | 2.56% | 15,148,777,366 | 71.77% |
| 2023-10-16 00:00:00 | Ethereum | 187,396,158,883 | 0.06% | 4,275,912,215 | 22.31% |
| 2023-10-18 00:00:00 | Tether | 83,610,268,591 | 0.04% | 12,545,232,198 | -186.77% |
| 2023-10-17 00:00:00 | Tether | 83,577,695,008 | 0.02% | 35,975,613,613 | 67.61% |
| 2023-10-16 00:00:00 | Tether | 83,559,393,903 | 0.03% | 11,651,133,936 | 53.06% |
Cryptocurrency Exchanges Volume and Variation
The ‘Exchanges’ table sheds light on the total capitalization and volume of major exchanges in the cryptocurrency market. The data highlights the importance of exchanges as crucial players in facilitating trading and liquidity. It is worth noting the variations in volume and capitalization, which indicate the dynamic nature of the market and the potential impact of regulatory developments on the operations of certain exchanges.
| Date | Exchange | Volume | Variation |
|---|---|---|---|
| 2023-10-18 00:00:00 | Binance | 212,581 | -55.22% |
| 2023-10-17 00:00:00 | Binance | 329,970 | 57.54% |
| 2023-10-16 00:00:00 | Binance | 140,094 | 33.44% |
| 2023-10-18 00:00:00 | Binance US | 303 | -75.87% |
| 2023-10-17 00:00:00 | Binance US | 532 | 65.97% |
| 2023-10-16 00:00:00 | Binance US | 181 | 27.53% |
| 2023-10-18 00:00:00 | Bitfinex | 2,570 | -246.01% |
| 2023-10-17 00:00:00 | Bitfinex | 8,892 | 85.34% |
| 2023-10-16 00:00:00 | Bitfinex | 1,304 | 7.43% |
| 2023-10-18 00:00:00 | Bybit | 39,793 | -72.33% |
| 2023-10-17 00:00:00 | Bybit | 68,574 | 75.28% |
| 2023-10-16 00:00:00 | Bybit | 16,955 | 24.15% |
| 2023-10-18 00:00:00 | Coinbase | 27,949 | -133.52% |
| 2023-10-17 00:00:00 | Coinbase | 65,267 | 76.97% |
| 2023-10-16 00:00:00 | Coinbase | 15,029 | 43.19% |
| 2023-10-18 00:00:00 | Crypto.com | 14,790 | -49.00% |
| 2023-10-17 00:00:00 | Crypto.com | 22,036 | 75.41% |
| 2023-10-16 00:00:00 | Crypto.com | 5,419 | 20.03% |
| 2023-10-18 00:00:00 | Gate.io | 23,240 | -40.91% |
| 2023-10-17 00:00:00 | Gate.io | 32,747 | 61.58% |
| 2023-10-16 00:00:00 | Gate.io | 12,582 | 25.46% |
| 2023-10-18 00:00:00 | Kraken | 17,453 | -66.85% |
| 2023-10-17 00:00:00 | Kraken | 29,121 | 80.76% |
| 2023-10-16 00:00:00 | Kraken | 5,604 | 17.85% |
| 2023-10-18 00:00:00 | KuCoin | 22,130 | 33.48% |
| 2023-10-17 00:00:00 | KuCoin | 14,722 | 60.82% |
| 2023-10-16 00:00:00 | KuCoin | 5,769 | 16.55% |
| 2023-10-18 00:00:00 | OKX | 26,032 | -164.01% |
| 2023-10-17 00:00:00 | OKX | 68,728 | 77.46% |
| 2023-10-16 00:00:00 | OKX | 15,493 | 22.24% |
Mining – Blockchain Technology
The ‘Mining’ table provides insights into the mining difficulty, mined blocks, block rewards, and hash rate representing the computational mining capacity in the cryptocurrency market. The data showcases consistent mining indicators, suggesting stable mining operations and computational capacity. This stability contributes to the overall security and resilience of blockchain networks.
| Item | 2023-10-18 | 2023-10-17 | 2023-10-16 | 2023-10-15 | 2023-10-14 | 2023-10-13 |
|---|---|---|---|---|---|---|
| Difficulty | 61.03T | 61.03T | 57.32T | 57.32T | 57.32T | 57.32T |
| Difficulty Variation | 0.00% | 6.08% | 0.00% | 0.00% | 0.00% | 0.00% |
| Blocks | 812.69K | 812.53K | 812.38K | 812.22K | 812.07K | 811.93K |
| Blocks Variation | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Reward BTC | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 |
| Reward BTC Variation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Hash Rate GB | 488.45B | 427.77B | 467.31B | 416.02B | 393.23B | 470.16B |
| Hash Rate GB Variation | 12.42% | -9.24% | 10.98% | 5.48% | -19.57% | 3.03% |
Conclusion
In conclusion, the cryptocurrency market is currently experiencing a high trend, supported by positive sentiment from market capitalizations, active addresses, and various market indicators. However, regulatory actions, negative keywords, and market uncertainties pose challenges and risks. Traders and investors should remain vigilant, conduct thorough research, and analyze the ever-changing market dynamics before making investment decisions. The positive outlook and resilience of major cryptocurrencies, along with ongoing market developments, indicate a dynamic market with potential opportunities for growth and innovation.
So What
Considering the current state of the cryptocurrency market, it is crucial to understand the practical implications. Traders and investors should exercise caution, conduct thorough research, and stay informed about regulatory developments and market trends. The volatility in prices and the presence of regulatory actions highlight the importance of risk management strategies and informed decision-making. The market’s dynamic nature requires staying up-to-date with news and developments to identify potential opportunities and adapt to changing market conditions.
What next?
Looking ahead, the cryptocurrency market is expected to continue its dynamic nature, influenced by various factors such as regulatory actions, market sentiment, and global economic events. Traders and investors should closely monitor these developments to identify potential trends and opportunities. The market’s potential growth and continued innovation present exciting possibilities for the future, as cryptocurrencies continue to gain mainstream recognition and adoption. However, it is crucial to approach the market with caution, conduct thorough analysis, and continuously assess risk factors to navigate potential challenges successfully.
Disclaimer – Informational Content, Not Investment Advice: Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.
About the Author: CryptoTrends Team
With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.
