Bitcoin is virtually unchanged on Nov. 17, but remains under pressure as Genesis Trading, a crypto financial services firm, suspended withdrawals from its lending arm, citing “extraordinary market instability” caused by Sam's FTX crash. Bankman. Ethereum, the second most valuable cryptocurrency, is also trading sideways, with a price range of €1,175 to €1,280.
Global crypto market capitalization fell more than 1% to €835 billion the day before, sending major cryptocurrencies into the red early on November 17. In the last 24 hours, the total volume of the crypto market fell more than 3% to €60,72 billion.
Total DeFi volume was $3300 billion, representing 5% of the total 24-hour volume in the crypto market. The total volume of all stablecoins was €57,26 billion, which is more than 94% of the total 24-hour volume of the crypto market.
Let's take a look at the top altcoin gainers and losers over the last 24 hours.
Major Altcoin Winners and Losers
Chiliz (CHZ), Stacks (STX) and Arweave (AR) are three of the top 100 coins that have increased in value in the last 24 hours. The CHZ price was up more than 13% to €0,2285, the STX price was up more than 5% to €0,2385, and the AR price was up almost 5%.