Key events in the crypto world in the past 24 hours! A 1-minute overview of overnight market movements | November 1st

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🚨A roundup of the hottest Crypto news from last night – get the market focus in just 1 minute!

1⃣ BTC , ETH , and SOL have rebounded after a decline, and market enthusiasm has recovered amid a surge in some Altcoin. US crypto stocks generally rose last night. Liquidity will be low over the weekend; be wary of sharp price swings.

2⃣ ZEC continues its upward surge, surpassing XMR to become the largest privacy coin with a market capitalization of 8.5 billion. Binance's short short fee is -0.17%. ZEC is extremely popular overseas; short with caution. DASH is also rising.

3⃣ Leading AI companies continue to attract capital. #TAO hit a recent high of 496, with a market capitalization of 10.2 billion. #VIRTUAL rebounded sharply to 1.5U, with a market capitalization of 1.46 billion. These two are the key indicators of market enthusiasm for AI.

4⃣ Binance will list #KITE on November 3rd . BNB, FDUSD, and USDC are currently mining on Launchpool. KITE experienced a surge followed by a pullback due to anticipated selling pressure. High-profile cryptocurrencies should continue to be monitored.

5⃣ Etherfi proposed to use $50 million to buy back #ETHFI . The token price has not reacted so far. Holders can observe the subsequent actions. Those who do not have the token can stop reading.

6⃣ #OKB has nearly halved in value, from a high of 240 to 143, and has been steadily declining for over a month. Do you still believe in Star?

7⃣ #HYPE is consolidating. Hyperliquid's revenue over the past 30 days reached $102.43 million, second only to Tether ($688.31 million) and Circle ($236.7 million). HYPE's new narrative is truly strong.

8⃣ #ASTER has recently been severely impacted by FUD (Fear, Uncertainty, and Demand). Yesterday, the project team announced positive news such as burning 50% of the tokens from the buyback address, causing the price to rebound to around 1 USDT. However, the momentum seems to be faltering.

9⃣ Binance MEME continues to fall. #GIGGLE's high was 313, now it's 96. #BinanceLife's high was 0.517, now it's 0.18. The hype has died down.

10. The Bitcoin white paper has been published for 17 years. BTC is a representative of new assets, and its market value has exceeded 2.18 trillion US dollars. Congratulations!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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