Binance Research’s November 2024 Report Highlights Crypto Market Resilience

Quick Summary:

Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector.

The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S.employment statistics.

Major blockchains like Bitcoin, Ethereum, and Solana had a decline in revenues, while minor networks like Mythos and Fantom saw significant increases.

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Article Details

Author / Journalist: Shanawaz

Category: Crypto

Markets: United Arab EmiratesIsrael

Topics: Exchange Exchange News Binance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 14:00:00 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23464498

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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