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The best cryptocurrencies of the day are named
Today, on October 4, the cryptocurrency market showed positive dynamics, adding 2.35% to its global market capitalization. As of now, it has reached $ 963.1 billion. Among the top 100 virtual currencies, 4 digital assets gained 7% or more in value at once. Maker (MKR) cryptocurrency showed the best result in terms of profitability over the day, with its rate rising by 8.25%. The digital asset is traded for $ 829.7, and its market capitalization amounted to $ 811.19 million. The cryptocurrency took 55th place in the top ranking, with a trading volume of $ 57.88 million.
THORChain (RUNE) cryptocurrency took the second place in the profitability ranking. Its rate is fixed at $ 1.62, which is 8.05% higher than the previous day. The capitalization of the digital asset amounted to $ 536.27 million, and daily trading volumes amounted to $ 37.4 million.
The third place was confidently taken by Cosmos (ATOM). The cryptocurrency asset is available for purchase at $ 13.06, up 7.65%. This allowed the cryptocurrency to retain 22nd place in the ranking of profitable assets with a total supply of $ 3.74 billion. Over the past 24 hours, traders have made deals with the asset worth $ 306.06 million.
Finally, Elrond (EGLD) is available at $ 52.55. Cryptocurrency quotes have increased by 7.59% over the past day, and the total supply of virtual assets circulating on the market has reached $ 1.23 billion. The daily trading volume amounted to $ 92.88 million.
As a reminder, cryptocurrency experts and social media users have identified October 7 as the most important day for cryptocurrencies this week. This is because the US government will announce updated data on the unemployment rate and information on public employment in the country. These factors will determine how much the Federal Reserve will raise interest rates in November 2022.