Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

The price of the meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded nearly 3% and 9% higher, respectively. The price of Avalanche (CRYPTO: AVAX) was up about 4%.

The cryptocurrency space is arguably the most volatile with value, as it is evident that the prices of coins are sometimes known to change out of the blue. Shiba Inu (SHIB) and Dogecoin (DOGE) are some of the tokens that have been five years in the market and they both have good and bad moments.

Bitcoin's decline today appears to be driven by market-related forces tied to comments from Jerome Powell around interest rate policy. Long derivatives contracts, specifically on meme coins Shiba Inu and Dogecoin,

The cryptocurrency market is poised to enter the new quarter with renewed optimism, fueled by recent interest rate cuts and the anticipation surrounding the upcoming November election. Regardless of the outcome,

Cryptocurrency markets fell on Monday tracking global equities as geopolitical tensions and economic uncertainty weighed on investor sentiment.itcoin dropped 1.6%. Ethereum declined below the $2,650 level.