On November 11, the major cryptocurrencies were trading in the green from the start, with the global crypto market capitalization gaining more than 7,5% the day before to €869 billion. However, in the last 24 hours, the total volume of the crypto market has fallen more than 23% to €144,29 billion.
Total DeFi volume was $6880 billion, representing 4% of the total 24-hour volume in the crypto market. The aggregate volume of all stablecoins was €140,42 billion, which is 97% of the total 24-hour volume of the crypto market.
Bitcoin is up almost 3,5% to $17 on weaker-than-expected CPI data, indicating that the US Federal Reserve may ease upcoming rate hikes. Similarly, Ethereum, the second most valuable cryptocurrency, rose more than 138% to trade at €5.
Let's take a look at the top altcoin gainers and losers over the last 24 hours.
Major Altcoin Winners and Losers
Three of the top 100 coins that have increased in value in the last 24 hours are FTX Token (FTT), Chiliz (CHZ), and Chain (XCN).
FTT rallied over 40% to €3,22, while Chiliz gained over 24% to €0,2166 and Chain gained almost 20%.