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Aave (AAVE) is currently one of the best-performing cryptocurrencies among the top 100 projects. The asset has rallied 21.1% in the daily charts, 22.8% in the weekly charts, 54.4% in the 14-day charts, 88.1% in the monthly charts, and 206.8% since May 2024. Also Read: $1,000 in Shiba Inu & XRP: Which Will Give Better Returns in 2030? Source: CoinGecko AAVE Rises Amid Market Rally Source: Watcher Guru AAVE’s latest rally comes amid a market-wide resurgence. Bitcoin (BTC) is once again testing the $106,000 mark after its recent dip to $101,000. The global crypto market cap has risen 0.4% in the last 24 hours to $3.45 trillion. AAVE’s rally is likely due to the team announcing a v3 deployment on Aptos. The move led to the project’s Total Value Locked (TVL) hitting an all-time high of more than $24 billion. The market rally may have further helped the upswing caused by the upgrade announcement. Also Read: Binance Is Teasing Pi Coin Exchange Listing: This Viral Post Shows I...

The cryptocurrency market faces another correction, with Bitcoin (BTC) falling below $62,000. The price dip goes against the historical trend of October being a bullish month for the crypto market. Other assets follow BTC’s lead, and the global crypto market cap has fallen 2.7% in the last 24 hours to $2.23 trillion. Dogecoin (DOGE) has also fallen victim to the recent price dip, falling 1.9% in the daily charts and 3.2% over the previous week. Source: CoinGecko Despite the correction, DOGE is still up by 0.9% in the 14-day charts, 5.8% in the monthly charts, and 69.3% since October 2023. Also Read: SEC Files Notice Of Appeal in Ripple XRP Case Why Is The Crypto Market Down Today? The latest price dip could be due to increasing geopolitical tension in the Middle East. Iran launched an attack on Israel, potentially provoking increased conflict in the region. Market participants may be weary about risky investments, leading to an outflow of cryptocurrency capital. Also Read: Solana ...

Ripple underwent a major correction over the weekend, and its price tanked to $0.59 at press time. XRP was trading at $0.61 and was pushed to lower levels of $0.57 before eventually catching up and hitting $0.59. At press time, the token is down 0.93%, and it seems like it may recover its lost momentum soon. But what caused its correction, and why is it important to know? Let’s find out. Also Read: Cryptocurrency Domain Gains New Ally As Kamala Harris Steps In XRP Plummets Due To Ripple’s Co-Founder 40M Transaction: What’s Happening Despite its major win against the US SEC, the price of Ripple is still undergoing a vital consolidation phase. The token is yet to hit a significant price milestone and is consistently battling an intense resistance level of $0.60 to adopt a bullish pace ultimately. In the middle of it, XRP co-founder Chris Larsen’s wallet was found making an online transaction. The recent transactions have become a centre of speculation and scrutiny, shedding li...