During the Asian session, the Bitcoin price is trading bearish, near $20,916 after bouncing off the $20,000 support level. Similarly, Ethereum has risen more than 2% to $1,637 and is en route to the 78.6% Fibonacci retracement level.
Early on October 30, major cryptocurrencies were trading in the green, as the global crypto market cap surpassed $1 trillion with a trading volume of $91 billion.
Overall, the market is risk-on ahead of the US Federal Reserve’s monetary policy and rate decision later this week.
Top Altcoin Gainers and Losers
Dogecoin (DOGE), Klaytn (KLAY), and Waves (WAVES) were the top performers in the last 24 hours. DOGE‘s price has increased by more than 50% to $0.1344, while KLAY’s price has increased by nearly 19% to $0.29. At the same time, WAVES has gained more than 13% to trade at $3.80.
Mina (MINA) has dropped more than 5% this week to $0.70. TerraClassicUSD (USTC) has fallen by more than 6% to around $0.038.
The current Bitcoin…