Morning Brief · · 3 min read
Crypto market cap slips as majors edge up ahead of Fed
The 30-second version
- Total crypto market cap fell 1.69% to $2.72T even as BTC rose 0.95% and ETH gained 1.39%, with sentiment at 48, Neutral.
- Ripple won final OCC approval for the trust bank behind RLUSD Decrypt, and Robinhood is tapping the stablecoin CoinDesk.
- Central banks dominate the macro backdrop: the Fed is expected to hold, but Warsh may point to more hikes CNBC.
Crypto news
Biggest movers 24h · top 100
| ▲ Gainers | Price | 24h |
|---|---|---|
| BTW Bitway | $1.60 | +43.07% |
| M MemeCore | $1.07 | +11.96% |
| ZEC Zcash | $1,299 | +5.77% |
| DASH Dash | $55.12 | +4.37% |
| PEPE Pepe | $0.000004490 | +4.35% |
| ▼ Losers | Price | 24h |
|---|---|---|
| RAIN Rain | $0.007202 | -6.93% |
| PEARL Pearl | $1.72 | -5.90% |
| SKY Sky | $0.06501 | -4.98% |
| CAKE PancakeSwap | $2.08 | -2.39% |
| FIGR_HELOC Figure Heloc | $1.02 | -2.00% |
Top 100 coins by market cap, stablecoins excluded.
Bitway led gainers with a 43.07% jump, followed by MemeCore up 11.96% and privacy coins ZEC and DASH up 5.77% and 4.37%, while Rain fell 6.93%, Pearl 5.90% and Sky 4.98%.
Swelling interest
- Most searched
- PENGU +2.63%SUI +1.57%XRP +2.25%PEARL -5.57%QNT -1.97%DRV +3.08%BTC +0.88%
- News coverage spike
- XRP 7 stories vs 0.6/day 7-day averageBTC 17 stories vs 7.4/day 7-day average
- Heavy trading (24h volume vs market cap)
- Q 48%FET 22%TRUMP 21%
XRP drew 7 news mentions against a 0.6/day 7-day average and ranked 4 in searches amid the Ripple bank and Robinhood news Decrypt CoinDesk, while Quack AI fell 50.07% with 48% of its market cap traded in 24h.
World & politics
Stocks & macro US market open
| Markets | Last | 1 day | 5 days |
|---|---|---|---|
| S&P 500 | 7,729.17 | +0.68% | -0.36% |
| Nasdaq | 26,496.02 | +1.25% | -0.77% |
| VIX | 17.52 | -4.73% | +5.04% |
| US Dollar Index | 102.29 | +0.32% | +0.67% |
| US 10-yr yield | 4.99% | +1 bps | -15 bps |
| Gold | $4,076 | +0.94% | +0.40% |
| Crypto stocks | Last | 1 day | 5 days |
|---|---|---|---|
| Coinbase | $160.89 | +0.81% | -9.14% |
| Strategy | $140.74 | +0.66% | -8.30% |
| Circle | $81.03 | +1.49% | -9.68% |
| iShares Bitcoin ETF | $45.65 | +0.94% | -4.59% |
Prices as of .
The US session is open as of Oct 27, 19:52 UTC: the S&P 500 rose 0.68% and the Nasdaq 1.25%, the VIX fell 4.73%, the dollar index gained 0.32% and the 10-year yield sat at 4.99%. Crypto stocks bounced modestly on the day but remain down over five days, with Coinbase off 9.14% and Circle off 9.68%.
Bills & regulation watch
-
Nov 30 (in 27 days)US · Federal Reserve SystemImplementing the Federal Reserve Board's Responsibilities Under the GENIUS Act
Comments close Nov 30 on how the Fed implements the GENIUS Act, setting the supervisory frame for US payment stablecoins.
-
Dec 7 (in 34 days)US · Securities and Exchange CommissionAdviser and Regulated Fund Custody Rules; Crypto Custody Rules
The SEC's crypto custody rules, with comments closing Dec 7, would define how advisers and regulated funds may hold crypto.
-
Dec 14 (in 41 days)US · Commodity Futures Trading CommissionRegulation Crypto Asset Transactions and Regulation Crypto Asset Markets
The CFTC's proposed crypto transaction and market regulations, with comments closing Dec 14, would set rules for crypto trading venues under its oversight.
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General market commentary only, not financial advice. It does not take into account your objectives, financial situation or needs. Prices are indicative, as at .