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As investors have shifted their focus this week, the cryptocurrency market has remained in the green.
On October 18, the cryptocurrency market continued its upward trend, a sign that investors may have regained their appetite for risk. After a week of volatile trading, the market has stayed in the green this week thanks to advances in several major cryptocurrencies. The fear and greed index for the cryptocurrency market remained constant at 47, indicating a rather calm trading environment.
As of Wednesday’s writing, the price of Bitcoin had increased by 1.01% to $28,495.60, but the 24-hour volume had decreased by 51.93% to $13.75 billion. Meanwhile, the heightened optimism of market players regarding digital currencies is reflected in recent rises in the largest crypto by market size. In particular, Bitcoin’s value has increased by roughly 5.10 percent in the past week.
However, on October 18 not all major cryptocurrencies showed the same trend. Ethereum, the second most valuable cryptocurrency, saw its price drop 1.25 percent to $1,568.04, while its volume fell 47.63 percent to $4.75 billion.
At the same time, XRP’s market cap dropped 0.44 percent to $26.19 billion as its price dropped 0.42 percent to $0.4901 on the day of writing. However, Solana’s price rose by 0.39 percent today, closing at $23.99 per pill. Solana’s price increased by almost 8% in the last week as a result of its recent advances.
As of the time of this writing on Wednesday, October 18th, the total value of all cryptocurrencies had increased by 0.29% to $1.09 trillion, but the total volume traded in the last 24 hours had decreased by 27.87% to $44.97 billion. Meanwhile, Bitcoin’s market share increased by 0.51%, to 51.12%, from the previous day.
Today’s Top 4 Cryptocurrencies Are
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Pepe Coin Reduced by 6%
As of the time of this writing, the price of a single Pepe coin had dropped by 5.94%, to 0.000000634. The cryptocurrency’s market cap dropped 5.92% to $248.56 mln, and its volume dropped 33.39 % from the previous day to $45.97 mln. The price of PEPE has regularly dropped over the past quarter, following a downward channel pattern.
Toncoin (TON) Increases by 9%
As of Wednesday’s write-up, the Toncoin price had risen 9.21% to $2.13 and its 24-hour volume had exploded 156.84% to $35.33 million. The cryptocurrency’s market capitalization rose 9.85% from yesterday, reaching $7.34 billion, placing it among the day’s top gainers. Meanwhile, it’s recent rise has been puzzling.
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Up 4.1% From OKB
As of this writing, the OKB price has risen by 4.48% to $45.80, making it one of the day’s best performers. Cryptocurrency’s market value increased by 4.79% to $2.75 billion, and its 24-hour volume increased by 182.81% to $17.10 million.
Sui (SUI) Cryptocurrency Drops 9%
On the morning of October 18th, the Sui price dropped 8.61% to $0.38, making it one of the biggest losers. Coin market cap dropped 8.59 percent to $322.88 million. The current drop coincides with a probe into Sui Coin by the Financial Supervisory Service (FSS) into allegations of misleading reporting of the cryptocurrency’s circulation volume and staking income. Lawmaker Min Byung-deok of the Democratic Party has called out the Joint Council of Digital Asset Exchanges (DAXA) for inaction in the face of Sui Coin’s deception of its stakeholders over its circulating quantity.
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Where to Trade Crypto Futures?
Now you can trade Bitcoin (BTC) futures on BTCC. BTCC, a cryptocurrency exchange , was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. BTCC is a crypto exchange offering users liquid and low-fee futures trading of both cryptocurrencies and tokenized traditional financial instruments like stocks and commodities.
BTCC offers exclusive bonus for new users. Sign up and deposit on BTCC to get up to 15,000 USDT in bonuses. Meet the deposit targets within 30 days after successful registration at BTCC, and you can enjoy the bonus of the corresponding target levels. Find out what campaigns are available now: https://www.btcc.com/en-US/promotions
BTCC also has an iOS app and Android app if you prefer to trade on the go.
iOS QR Code Android QR Code
How to Trade Tether (USDT) on BTCC
Mobile App
- 1. Download the BTCC App via App Store or Google Play
- 2. Register and verify your account, or log in to your BTCC account.
- 3. Tap ‘Buy Crypto’.
- *Please note that only verified users are eligible to buy crypto on BTCC.
- 4. Enter the amount you would like to buy in USDT.
- 5. Select a service provider and proceed to payment.
Web Platform
- 1. Register and verify your account, or log in to your BTCC account.
- 2. Click ‘Buy Crypto’ on the menu.
- *Please note that only verified users are eligible to buy crypto on BTCC.
- 3. Enter the amount you would like to buy in USDT.
- 4. Select a service provider and proceed to paymen.
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How to Trade Crypto Futures on BTCC ?
To trade Crypto Futures on BTCC, follow these simple steps:
- Create an account
Go to the BTCC website and fill out the registration form with the necessary details. Finish the checks to make sure you’re in line with the stock exchange’s rules.
- Deposit funds
Fund your BTCC wallet once your account has been created and verified. You can fund your BTCC account with a number of different cryptocurrencies and fiat currencies.
- Navigate to the crypto trading section
You can begin trading on the BTCC platform as soon as your account has been funded. Find the crypto exchange rate, which is written as crypto/Bitcoin (BTC) or crypto/US Dollar (USDT) depending on the other pairs available.s.
- Choose your trading type
Both spot trading and futures trading are available through BTCC. If you want to purchase or sell crypto tokens at the current market price, you may want to investigate spot trading. If you’d rather trade crypto with leverage and speculate on its price movements, you can do so with crypto Futures.
- Place your trade
After deciding which type of deal you want to make, you can enter the amount of crypto you like to buy or sell, as well as your preferred price (if necessary). If everything checks out, go ahead and make the deal.
- Monitor and manage your trades
Be sure to monitor your crypto holdings on the BTCC exchange. To limit losses and protect gains, you can use stop-loss and take-profit orders. It is also important to keep up with the latest crypto market trends and news if you want to successfully trade this cryptocurrency.
Before becoming involved in any kind of trading, make sure you’ve done your homework. Due to the extreme volatility of the cryptocurrency markets, it is crucial to have a well-defined trading strategy and risk management framework in place. To successfully trade crypto on the BTCC market and take advantage of the chances it provides, follow these procedures and keep yourself updated.
Why Trade Crypto Futures on BTCC
To trade Crypto futures, you can choose BTCC crypto exchange.BTCC, a cryptocurrency exchange , was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. Over 11 years of providing crypto futures trading services. 0 security incidents. Market-leading liquidity.
Traders may opt to trade on BTCC for a variety of reasons:
- Secure：safe and secure operating history of 11 years. Safeguarding users’ assets with multi-risk management through the ups and downs of many market cycles
- Top Liquidity：With BTCC’s market-leading liquidity, users can place orders of any amount—whAVAXer it’s as small as 0.01 BTC or as large as 50 BTC—instantly on our platform.
- Innovative：Trade a wide variety of derivative products including perpetual futures and tokenized USDT-margined stocks and commodities futures, which are innovative products invented by BTCC.
- Flexible：Select your desired leverage from 1x to 150x. Go long or short on your favourite products with the leverage you want.
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BTCC FAQs
1.Is BTCC safe?
Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.
2.Is it possible for me to invest in BTCC?
Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.
3.Can I Trade BTCC in the U.S?
Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.
Look More:
What is Ripple? What is XRP? Guide For Dummies
What is the Difference Between Bitcoin and Ripple?
How to Trade Ripple (XRP) Futures on BTCC
BTCC Guide-How to Deposit Crypto on BTCC?
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