A day in the green: the 10 largest cryptocurrencies are rising, with the top 10 gaining an average of 2,58%.
Market data as of 20:55 (peninsular time) on 28/10. Prices change continuously.
The key points of the day
- Bitcoin and Ethereum: BTC 72.991 € (+ 0,84 %), ETH €2.121 (+ 0,79 %).
- What moved the most: Pepe + 9,68 %Litecoin + 4,62 %.
- The reason for the day: The crypto market advanced overall over the past 24 hours, in an environment of increased risk appetite.
What has moved the market
Cryptocurrencies rebounded as markets awaited the Federal Reserve's decision, supported by a rally in tech stocks; the source indicates that altcoins followed Bitcoin's move (Investing.com). View source
Major stocks rally ahead of Fed decision and intraday strength in several crypto assets (CoinDesk: "Bitcoin nears $81,000 ahead of Fed decision as ZEC jumps 8%"; CoinDesk live updates).
On-chain activity on PEPE with large whale movements and strong intraday rises (TokenPost; Mobee Academy).
Pepe It goes up 9,68%
Pepe goes from €0,00 to €0,00 in 24 hours.
- PEPE rose approximately 12% in 24 hours as attention increased on large positions linked to Justin Sun. Arkham identified about $51,25 million worth of PEPE associated with those addresses, which would control around 2,82% of the supply; the report explicitly states that these holdings attracted traders and contributed to the price increase.
- PEPE rose on the support of news on October 28 that reported large sleeper whale transfers of 2.27 trillion tokens, an on-chain catalyst clearly linked to speculative interest in the asset.
- CoinDesk also noted that PEPE jumped around 9% in its intraday updates on October 28, in line with the movement seen in Bit2Me.
Sources: Crypto · TokenPost · CoinDesk
To understand it better: What is Pepe?, at Bit2Me Academy.
Bitcoin (BTC) It goes up 0,84%
Bitcoin drops from €72.386 to €72.991 in 24 hours.
- Bitcoin rose because news on October 28 placed it near $81.000 ahead of the Federal Reserve decision, with an intraday recovery clearly noted by CoinDesk.
Sources: CoinDesk
To understand it better: What is Bitcoin?, at Bit2Me Academy.
Ethereum (ETH) It goes up 0,79%
Ethereum drops from €2.105 to €2.121 in 24 hours.
- Ether followed the overall rally of the majors ahead of the Fed's decision, with CoinDesk noting intraday gains alongside Bitcoin.
To understand it better: What is Ethereum?, at Bit2Me Academy.
XRP It goes up 0,73%
XRP drops from €1,19 to €1,19 in 24 hours.
Possible factor, unconfirmed:
- XRP advanced in an October 27 note that linked the rise to Ripple's final approval for its domestic trust bank, but that news falls partially outside the strict window.
Sources: TokenPost · The Crypto Basic
To understand it better: What is XRP?, at Bit2Me Academy.
The rest of the top
Litecoin (+4,62%), Chainlink (+2,86%), Sui (+2,23%), Near Protocol (+2,14%), Solana (+1,38%) and Cardano (+0,52%) rose without an identified catalyst.
Top 10 Prices
| Criptomoneda | Price | 24 h | Operate |
|---|---|---|---|
| Bitcoin BTC | 72.991 € | + 0,84 % | Operate |
| XRP | 1,19 € | + 0,73 % | Operate |
| Ethereum ETH | 2.121 € | + 0,79 % | Operate |
| Solana SOL | 91,94 € | + 1,38 % | Operate |
| chainlink LINK | 10,59 € | + 2,86 % | Operate |
| Pepe | 0,00 € | + 9,68 % | Operate |
| Near-Protocol NEAR | 4,24 € | + 2,14 % | Operate |
| Cardano ADA | 0,19 € | + 0,52 % | Operate |
| Litecoin LTC | 53,24 € | + 4,62 % | Operate |
| Sui | 0,85 € | + 2,23 % | Operate |
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Generative artificial intelligence tools were used to create this article.
