Crypto Price Today, October 31, 2022: Global Crypto Market Stabilises, Bitcoin And Ethereum See Minor Gains

After a couple of tumultuous days, the global cryptocurrency market has stabilised over the past 24 hours, with a 0.58% increase in the global crypto market cap bringing its value up to $1.03 trillion, as per CoinMarketCap. As for the top market gainers, the cryptocurrency Chiliz (CHZ) saw a massive 15.65% growth in the past 24 hours. Chainlink (LINK) and Trust Wallet Token (TWT) also saw major major boosts in prices, gaining 7.24% and 6.36% respectively in the past 24 hours. Algorand (ALGO) and BNB also saw significant price bumps, gaining 5.76% and 5.37% respectively. As for the top market losers, the cryptocurrency Axie Infinity (AXS) lost about 5.75% during the past day, and Lido Dao (LDO), lost around 4.53% in the past day. Decentraland (MANA) lost around 4.16% over the past 24 hours, and Klaytn (KLAY) lost around 3.78% during the same time.

Let’s take a look at the price movement of the top cryptocurrencies by market cap and popularity over the past 24 hours, as of October 31, 2022:

Bitcoin (BTC): Over the past 24 hours the price of Bitcoin remained relatively stable, going up 0.61%. The current Bitcoin price stands at $20,726. Over the past 7 days, the price of Bitcoin has gone up by 7.20%. The current Bitcoin market cap stands at around $398.19 billion. 

Ethereum (ETH): Ethereum gained a steady 0.74% over the past 24 hours, with the current price standing at $1550. Over the last 7 days, the price of Ethereum has gone up by 20.75% overall. The market cap of Ethereum today stands at $198.20 billion. 

Binance Coin (BNB): The native cryptocurrency of the Binance exchange, BNB gained significantly, going up by 5.37% over the past day. However, over the past 7 days, the price of BNB has gone up by 6.91%. The current market cap of BNB at the time of writing stands at $52.09 billion. 

Ripple (XRP): The price of Ripple went down by 0.67% over the past day, and currently stands at a price of $0.474. The price of Ripple has gone up over the past week, gaining around 3.00% in a period of 7 days. The market cap of XRP currently stands at $23.07 billion. 

Cardano (ADA): Cardano has remained stable in the past day, only gaining 0.58% over the past 24 hours with the current price at $0.407. Over the past week, the price of Cardano has jumped a lot, with a positive 15.27% change in 7 days. The current market cap of Cardano stands at $13.98 billion. 

Solana (SOL): Solana gained by about 0.50% over the past 24 hours, with the current price standing at $34.23. Overall, Solana has gained about 18.18% in the past week. The current market cap for Solana stands at $12.15 billion. 

Polygon (MATIC): The price of Polygon slipped a little, losing 2.13% over the past 24 hours, with the current price at $0.93. However, Polygon has been gaining consistently over the past 7 days, as it has gone up by around 3% over the past week. The Polygon market cap today is $8.06 billion. 

Dogecoin (DOGE): The popular dog-meme cryptocurrency has lost 3.98% over the past day and the price today stands at $0.112. Over the past 7 days, however, Dogecoin has surged by 104.48% and the current market cap stands at $16.13 billion.

Disclaimer: The prices of all cryptocurrencies have been recorded from CoinMarketCap at the time of writing and they are subject to change. This article does not intend to pass on any financial advice and BQ Prime does not endorse any of the cryptocurrencies mentioned above. Please invest at your own discretion.