30s Summary

The CoinDesk 20 Index is at 2,561.84, an increase of 2.14%. Bitcoin has surged past $80,000 for the first time and currently stands at $82,358.65. Ether is priced at $3,201.51, up 0.19%. S&P 500 is at 5,995.54, up by 0.38% and Gold dipped by 0.94%. Dogecoin and Shib Inu recorded massive price increases, of 22% and 12% respectively. Crypto equities in the U.S. also enjoyed gains, MicroStrategy gained over 11%, Semler Scientific surged by 25%, and Coinbase by almost 17%. The monthly stablecoin transfer volume on the Celo blockchain doubled to $4 billion in October.

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Now, let’s talk about the latest prices:

The CoinDesk 20 Index stands at 2,561.84, an increase of 2.14%! Bitcoin (BTC) is now worth $82,358.65, witnessing an increase of 3.65%. On the other hand, Ether (ETH) is priced at $3,201.51 with an increase of just 0.19%.

The S&P 500 is at 5,995.54, up by 0.38% while Gold is at $2,659.68, a dip of 0.94%. Moreover, Nikkei 225 shows a slight increase of 0.08%, now standing at 39,533.32.

In the top stories, Bitcoin has surpassed the $80,000 mark for the first time on Sunday and continued its rally to top $82,000 on Monday. The weekend trading volumes were almost $100 billion, showing signs of robust bullish indicators in the crypto market.

In other major crypto news, Dogecoin and Shib Inu witnessed massive price hikes, specifically, an increase of 22% and 12% respectively. Dogecoin even managed to outdo XRP and USDC in terms of market cap, becoming the sixth-largest token globally.

Finally, crypto equities listed in the U.S. also saw considerable gains in pre-market trading amidst BTC’s rally. While MicroStrategy gained over 11%, Semler Scientific surged by 25%, and Coinbase by almost 17%. Out of the miners, Marathon Holdings led the way with a price hike of almost 20%.

As far as the chart of the day goes, it talks about the monthly stablecoin transfer volume on the Celo blockchain. The volume doubled to nearly $4 billion in October amid allegations of wash trading.

Well, that’s a quick low-down on the crypto world. Edited by Sheldon Reback, there’s always more info and news to discover which is why you should definitely subscribe to CoinDesk’s First Mover newsletter.

Stay tuned for more buzz and updates from the cryptosphere.