Today, major cryptocurrencies such as Bitcoin, Pepe Coin and Binance Coin (BNB) are rising rapidly,

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Position gone? Price also!! In the current market, there is no shortage of money, what is lacking is opportunity! How to deal with extreme markets?

The cryptocurrency market is on the radar of market participants, as evidenced by today's rise in cryptocurrency prices.

Recently, the global cryptocurrency market has seen a strong rally. Today, major cryptocurrencies such as Bitcoin (BTC), Pepe Coin, and Binance Coin (BNB) have risen rapidly, breathing new life into the market.

Last week, the cryptocurrency market traded volatile, and investors flocked due to fears of the war in Israel. In addition, economic data showed that although inflation cooled in September, it remained above the Fed's 2% target.

However, investors appear to have shaken off recent concerns and are betting on risky assets again this week. The market has been in a positive state, indicating increased confidence in the market by market participants. Notably, the cryptocurrency market fear and greed index is 47, indicating that the market is in a neutral situation.

In terms of cryptocurrency prices, Bitcoin is up 3.76% to $28,239.47 as of this writing, while trading volume has surged 258.04% to $28.65 billion in the last 24 hours. Meanwhile, the recent increase in the BTC price has seen its price increase by 2.29% in the last 7 days.

First, the Bitcoin (BTC) price recovered again after a brief decline. At present, the price of BTC has exceeded $XX, and it has achieved a large increase in a short period of time. The rise was mainly driven by the market's renewed recognition of Bitcoin's potential value and investors' optimism about the cryptocurrency market.

Among other cryptocurrencies, Ethereum rose 1.79% to $1,589.65 on Tuesday, with trading volume soaring 196.67% to $9.09 billion during the writing period. On the other hand, BNB prices rose 1.44% to $213.66 and trading volume jumped 48.49% to $518.09 million.

At the time of writing, XRP prices rose 1.12% to $0.4925 and trading volume skyrocketed 147.29% to $1.09 billion. Meanwhile, Solana rose 9.07% to $24.15 and volume soared 328.53% to $789.65 million.

In Meme coins, the Dogecoin price rose 0.97% to $0.05993 during the writing period, while the Shiba Inu price simultaneously increased by 1.08% to $0.000007088. Cryptocurrency single-day trading volume increased by 156.95% and 48.87% to $260.86 million and $116.82 million, respectively.

The upward momentum of most major cryptocurrencies boosted the broader market's rally on October 17. As of this writing, the global cryptocurrency market cap is up 2.32% to $1.09 trillion, with trading volumes soaring 221.81% in the last 24 hours to $62.56 billion.

The top 4 cryptocurrencies today are:

Pepe coins remain flat

Despite the positive momentum in the broader market, Pepe Coin fell 0.19% on Tuesday and was trading at $0.0000006744. However, they moved north earlier in today's trading session, but the volatility in the price indicates a high degree of volatility in cryptocurrency prices.

Secondly, Pepe Coin is also one of the most prominent cryptocurrencies today. As an emerging project, Pepecoin has recently attracted a lot of investor attention with its unique features and enthusiastic support from the community. At present, the price of Pepe Coin has achieved an increase of XX%, showing a strong upward momentum.

Bitcoin SV (BSV) up 12%

On October 17, Bitcoin SV became one of the biggest gainers, with its price rising by more than 10%. Meanwhile, as of this writing, Bitcoin SV is up 11.53% to $37.70, while trading volume has soared 870.96% to $255.61 million over the past 24 hours.

Rendering (RNDR) jumps 7%

The Render cryptocurrency was another of the biggest gainers today, with its price rising by about 7% on Tuesday. Meanwhile, rendering prices rose 6.95% to $1.87 during writing, while its trading volume surged 391.20% from yesterday to $85.91 million.

IOTA (IOTA) price rises 4%

On October 17, IOTA prices rose 4.33% to trade at $0.1514, and trading volume jumped 947.28% to $40.97 million. In its latest development, the project announced yesterday that the IOTA Foundation will join a delegation of UAE startups to attend the CEATEC conference in Chiba, Japan, highlighting its key role in technological innovation.

Hot Altcoin Analysis

1. FLOKI has a major announcement today that deserves attention

2. ZTX launches Sesame at 6 p.m., which is worth paying attention to

3. The STX sBTC developer test is scheduled to start on October 18

4. EGLD - There will be a major meeting on October 19-21 that may be announced.

5. SUI is about to go live, BN.US the market is very low, which is worth paying attention to.

6. RDNT broke back near the upper edge and launched the Ethereum mainnet, which can continue to enter the market at 0.219

7. The sub-new coin of BN can be followed, and there is a high probability that it will rise after a long period of volatility.

8. The bottom of CRV is obviously oscillating and worth paying attention to, and the current price is 0.44.

9. The SUI liquidity pledge protocol has been officially launched on the SUI mainnet.

Overall, today's rally in the cryptocurrency market is a positive signal for investors. This rally not only boosted market sentiment, but also brought good returns to investors. However, given the high volatility of the cryptocurrency market, investors need to be cautious and risk control when participating to ensure the safety of their assets.