Analysis Crypto by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage As a result of the Federal Reserve increasing interest rates, the price of Ethereum has decreased by more than 2% in the previous 24 hours, and it is currently trading at $1,547 as of November 3. The total value of the global cryptocurrency market cap dropped by less than one percent to $1.01 trillion the day before, putting prominent cryptocurrencies into negative territory. In contrast, stablecoins accounted for $92.9 billion, or 90% of the overall 24-hour volume of the crypto market, the whole crypto market volume climbed by 37% in the past 24 hours to $102 billion, and the total volume in DeFi was $4.34 billion which amounts to 4.25% of the total volume in the crypto market in the last 24 hours. It was generally anticipated that the Fed would spike the interest rates by 75 basis points, and the rest of that increase had already been built in, which limited the crypto market’s losses. The market wil...

Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin has experienced immense growth over the past week. The world’s leading memecoin has parabolically grown after accumulating around $0.059 and has now peaked above $0.10. For a brief period, it ticked above $0.11. While the current valuation is far from its all-time high of $0.65, Elon Musk’s acquisition of Twitter has started to give people hope.  Is $1 possible for Dogecoin now that Elon Musk now owns Twitter? Check out this Dogecoin price forecast for the answer. Elon Musk Now Owns Twitter The Twitter ecosystem, especially the crypto space, had a cause to celebrate yesterday after the much-awaited acquisition of Twitter by Elon Musk. A deal more than six months in the making, Twitter’s past ownership has been filled with contention, a ban on user accounts, and bots that have sullied its name.  And when Elon Musk finally finalized the deal the next day and walked inside...