The global crypto market showed modest movement over the past 24 hours, holding steady as traders marked the Halloween season. Total cryptocurrency market capitalization rose slightly by 0.42%, reaching $3.71 trillion, even as overall trading activity slowed. The 24-hour trading volume fell 18.89% to $147.47 billion, while the Crypto Fear & Greed Index remained at 33, reflecting continued caution among investors.
Bitcoin and Ethereum Edge Up
Bitcoin ($BTC) climbed 0.15% to trade at $110,077.62, maintaining its dominance at 59.3%. Ethereum ($ETH) also saw a marginal gain of 0.04%, trading at $3,858.32, with its market share standing at 12.6%.
Top Gainers of the Day
Among standout performers were Black Phoenix ($BPX), Tesla ($TSLA), and Flœki ($FLŒKI).
- $BPX surged 4,302.57% to $2.81
- $TSLA jumped 5,928.35% to $19.06
- $FLŒKI rose 1,112.41% to $0.00002489
DeFi and NFT Markets Show Mixed Trends
In decentralized finance, total value locked (TVL) increased 0.21% to $149.66 billion, though top project Aave slipped 0.20% to $37.76 billion. Interestingly, Bidask led the one-day TVL gainers with a remarkable 5,658,468% spike.
Meanwhile, NFT sales dropped 24.08% to $12.68 million. The leading collection, DMarket, also saw an 8.78% dip to $1.26 million.
Major Developments
Tech billionaire Elon Musk announced the rollout of X Chat, a new encrypted messaging feature on the X platform. Separately, a user named “Mystral” accused a senior figure at the MEXC exchange of misconduct and fund freezing involving $10 million in withdrawals.
On the blockchain front, Ethereum confirmed that its long-awaited Fusaka mainnet upgrade will launch on December 3, marking a significant milestone in network evolution.
As Halloween festivities fade, the crypto market continues to show signs of cautious optimism, inching forward while building momentum for what could be an eventful close to the year.
