As October approaches, the cryptocurrency space is showing new dynamics. Currently, there are 30,387 different cryptocurrencies with a total market capitalization of approximately $2.31 trillion. In the past 24 hours, trading activity has been very active, with a total trading volume of approximately $72.98 billion.

Bitcoin ($BTC) still leads the market, trading at $66,000 with a market share of 56.3%. In addition, Ethereum ($ETH) is stable at around $2,671, maintaining a 14% market share. The total value of the DeFi industry is $144.2 billion, which shows that investors are very enthusiastic about participating.

Cryptocurrency Price Movements and Liquidations

The daily price fluctuations show different trends among different cryptocurrencies. It is worth mentioning that Pepe fell by 0.33%, while CKB also fell slightly by 0.28%. On the contrary, LDO rebounded by 1.64%, indicating that its price trend is quite resilient. The price fluctuations of MATIC and NOT coins are worth noting, among which $MATIC fell by 0.15%, while $NOT showed a more stable trend.

Additionally, liquidation data from the past 24 hours highlights significant market volatility. Ethereum ($ETH) leads with $16.11 million in liquidations, followed by Shiba Inu and Dogecoin. These data highlight the volatility of the market as traders react quickly to price changes. Total liquidations over the past 24 hours reached $34.08 million, showing active trading strategies among participants.

Market sentiment

The Fear & Greed Index reflects the greed of investors, indicating that the market outlook may be bullish. This sentiment is crucial because it often influences trading behavior and investment strategies. A greed-dominated market usually indicates optimism, meaning that many investors may be preparing for further price increases.

The article is for reference only and does not constitute investment advice.