DeFI News by Thebittimes.Com

On October 19, Bitcoin price remained in a narrow trading range of $19,000 to $19,400, and the breakout of this range will determine future price action. Ethereum, on the other hand, has dropped more than 1% to $1,302 during the early Asian session.  Major cryptocurrencies were trading in the negative zone today, with the global crypto market capitalization falling 0.7% to $927 billion on the previous day. In contrast, the total crypto market volume grew over 7% in the last 24 hours to $0.7 million. DeFi had a total volume of $3.6 billion, while the total volume of stablecoins was $50 billion. Top Altcoin Gainers and Losers The top performers in the Asian session were Aave (AAVE), Monero (XMR), and Maker (MKR). The Aave (AAVE) gain more than 4% to $82, while XMR price has risen by over 1.5% to $146. Moreover, MKR's price rose over 2% to $1,111. Cryptocurrency Market Heatmap | Source: Coin360 The EthereumPoW (ETHW) price has fallen by more than 1...

Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing. XRP XRP was one of today’s big gainers, as prices of the token rose by nearly 10% earlier in today’s session. Following a low of $0.4380 on Thursday, XRP/USD raced to an intraday peak of $0.5117 during the day. Yesterday’s drop saw the token slip to a ten-day low, which was marginally below a floor of $0.4460. XRP/USD – Daily Chart As of writing, XRP is now trading at its highest point since Monday, when prices were above a key resistance point of $0.5280. Looking at the chart, today’s surge comes as the 14-day relative strength index (RSI) rose beyond its own ceiling at 57.00. Currently, the index is tracking at 58.07, with bulls seemingly targeting a...