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Shiba Inu's (SHIB) market cap has surpassed that of Avalanche (AVAX) today, following a 7% price increase in the last 24 hours. This development means that the Shiba Inu crypto now has a market cap of $10.98 billion, making it the 12th most valuable cryptocurrency in the market.
As the flagship cryptocurrency Bitcoin has staged an impressive rally and surpassed the $71,000 price level, many altcoins are following suit on the market. Among them is the second largest canine-themed coin, Shiba Inu (SHIB).
AVAX seemed to be testing a key support at press time, but is there more to come?
A look at the day ahead in European and global markets from Kevin Buckland
In October, Cardano price traded nearly sideways despite high expectations for a bullish trend. This prolonged consolidation offers little optimism for ADA's better performance in November.
The cryptocurrency market begins to stir with renewed activity, Bitcoin's recent price rebound is capturing attention and surging hope among investors. Currently trading around $67,770, Bitcoin's resurgence has led to a ripple effect, boosting interest in various altcoins, particularly XRP, Solana (SOL), and Avalanche (AVAX).
The recent plunging sentiment in the market had alerted the majority of crypto investors about the potential crash, but there was only so much traders could do about their investments in a short time span.
Toncoin has proven its strength in the market, with its market cap surpassing big names like Cardano (ADA) and Avalanche (AVAX).
Despite concluding the second week of “Uptober” positively, the crypto market has stumbled over the past six days due to increased geopolitical tensions. Following this, top cryptocurrencies recorded a strong pullback in their respective valuations.
Avalanche (AVAX), a layer 1 blockchain, is currently experiencing a bearish phase as strong market forces drive down its price. Recent fluctuations have intensified this downward trend, with bears dominating the trading environment.
Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?
Action was lively on the cryptocurrency market, but that wasn't necessarily good news.
Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.
IntelMarkets' AI-powered trading platform sets the stage for massive growth—a better alternative than Ripple (XRP). Meanwhile, Avalanche (AVAX) launched a crypto card.
Avalanche has launched a new Visa card enabling zero-fee crypto payments, marking a significant step toward mainstream adoption.
The Avalanche Foundation has announced a partnership with Visa for their recently launched Avalanche Card.
Strong trading volume would be needed to break AVAX past local resistance zones.
The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations.
The price of Avalanche (AVAX) is rising after rising above the moving average lines.
Smart contracting platform Avalanche has unveiled a crypto-powered Visa Card for crypto users. The card will exist in both physical and virtual versions to allow cardholders to spend their crypto both online and offline when paying for goods and services.
Avalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted. The card will initially be available to Latin American and Caribbean residents, excluding specific regions and countries.
Avalanche launches a Visa card for crypto payments in Latin America and the Caribbean, enabling direct spending from a self-custody wallet. The post Avalanche launches Visa crypto card for users in LaTAM appeared first on Crypto Briefing.
Avalanche (CRYPTO: AVAX) has launched the Avalanche Card, a crypto payment card that allows users to make purchases at any Visa-accepting location using their digital assets. This card supports cryptocurrencies such as USDC (CRYPTO: USDC) and AVAX, enabling holders to spend their crypto as easily as traditional currency.
The Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.”
