Trending in the Crypto World 05 November 2024

Nov 05, 10:59 PM

Trending in the Crypto world for November 5, 2024!

Top 10 Trending 🚀:

  1. $BTC #Bitcoin +2.39% (Current Price: $69,370.51)
  2. $STRUMP #Super Trump Coin +26.98% (Current Price: $0.005399)
  3. $GRASS #Grass +6.29% (Current Price: $1.61)
  4. $XODEX #Xodex +6.75% (Current Price: $0.00028)
  5. $SOL #Solana +5.49% (Current Price: $166.34)
  6. $DOGE #Dogecoin +8.27% (Current Price: $0.169)
  7. $SUI #Sui +7.61% (Current Price: $1.97)
  8. $ETH #Ethereum +1.31% (Current Price: $2,427.09)
  9. $TROY #TROY +8.16% (Current Price: $0.00448)
  10. $PEPE #Pepe +7.72% (Current Price: $0.00008489)
Fear/Greed Index: 50 (Neutral) 📉

Top 5 Gainers:

  1. $NEIRO #Neiro Pump +99.79% (Current Price: $0.00001272)
  2. $TROY #TROY +84.44% (Current Price: $0.00448)
  3. $GRASS #Grass +54.57% (Current Price: $1.61)
  4. $XODEX #Xodex +30.35% (Current Price: $0.00028)
  5. $STRUMP #Super Trump Coin +26.98% (Current Price: $0.005399)
Top 5 Losers:

  1. $GRASS #Grass -99.74% (Current Price: $1.61)
  2. $NEIRO #Neiro Pump -99.93% (Current Price: $0.00001272)
  3. $XODEX #Xodex -50.48% (Current Price: $0.00028)
  4. $STRUMP #Super Trump Coin -14.71% (Current Price: $0.005399)
  5. $SUI #Sui -8.09% (Current Price: $1.97)

Crypto News Brief

Crypto hedge funds continue to rally as bitcoin hovers around all-time high


Crypto hedge funds have seen remarkable gains due to rising digital asset prices and institutional interest, with bitcoin nearing its all-time high of $73,000. Notably, Tephra Digital, backed by Jefferies' Leucadia Asset Management, increased by nearly 40% year-to-date. MNNC Group also appreciated by 30%. In the UK, Nickel Digital and Fasanara Digital recorded gains of nearly 25% and 19%, respectively. Institutional investment in crypto ETFs has surged, with major holders including Millennium Management, Jane Street, Capula, Goldman Sachs, Schonfeld, and Morgan Stanley. Millennium Management held over $1 billion in bitcoin ETFs by mid-year, while Goldman Sachs invested over $400 million in the same period. The market capitalization of crypto assets rose to approximately $2.3 trillion from $1.6 trillion at the start of the year. Additionally, investment bank Houlihan Lokey has acquired London-based machine learning firm PSL to enhance their financial and valuation advisory services. 

#Crypto #Trending #Bitcoin #Ethereum #Altcoins
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