Cryptocurrency Update: Ethereum Soars to Lifetime High, Bitcoin Regains $61,000 Mark

Ethereum or Ether, the world’s second largest cryptocurrency coming right after Bitcoin, gained an all time high on Friday, October 29, according to reports.

“The volume of all stable coins is now $118.59 billion, which is 80.20 per cent of the total crypto market 24-hour volume,” the platform said in an update.

The other meme coin, Shiba Inu seemed to cool off after rising to the spot of the eighth largest cryptocurrency,” said Edul Patel, CEO and co-founder of Mudrex, a global crypto trading platform.

Talking further about Bitcoin, the WazirX Trade Desk said, “Bitcoin gained almost 5 per cent in a single day crossing the $61,000 mark once again.

Apart from these regular altcoins, Squid Game token or SQUID stole the show in the crypto market over the past 24 hours.

GreenMoonZilla was the top gainer in the crypto market, surging up to as high as 1,120.14 per cent over the course of the last day.

As far as top losers were concerned, the first position was taken by Scallop coin, which went down by 98.84 per cent and was priced at $1.80.

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