Cryptocurrency Prices: Today, the cryptocurrency market fell by 2.12%, reaching a total market capitalization of $2.11 trillion. This fall coincides with escalating geopolitical tensions between Israel, Iran, and Lebanon as well as NATO member states’ involvement, which has caused a wider worldwide market collapse that has affected the cryptocurrency industry. The Fear & Greed Index, has moved to “Fear” (score of 36), indicating a shift in participants’ heightened caution.
Bitcoin Price Update: BTC Price Dips to $60k Amid ETF Activity
Over the past day, the price of Bitcoin has decreased by 0.67%, reaching $60,540.28. On October 2nd, there was a $91.76 million net flow among Bitcoin Spot ETFs, with Fidelity’s Bitcoin ETF topping the way with a $21.08 million daily net inflow. The worst-performing fund, ARK 21 Shares ETF (ARKB), suffered a daily outflow of $60.28 million. Despite the broader market decline, the total net asset ratio, which finished at 4.64%, indicated robust interest.
Wondering about BTC’s future price targets? Our Bitcoin Price Prediction answers that and much more!
Altcoin Watch: Ethereum and Altcoins Struggle to Upkeep Levels!
Ethereum price dropped by 3.35% in the last 24 hours to trade at $2,368.63. In addition, Solana (SOL) faced even steeper losses, plunging 5.29% to $138.23, while XRP tumbled by 11.15%, trading at $0.5245. The market’s sharp declines reflect the broader uncertainty surrounding global events.
Keen on the long-term price targets of ETH? Read our Ethereum Price Prediction
Top Gainers:
On the brighter side, Aptos (APT) surged 11.33% to $8.45, leading the list of top gainers, followed by Flare (FLR) with a 7.26% rise to $0.01622. Successively, Stacks (STX) also posted moderate gains, up 2.38% at $1.79.
Top Losers:
Among the worst performers, Ethena (ETHA) and Fantom (FTM) both saw significant drops of 15.51%, with XRP continuing its slide at 11.23%.
Subscribe to us, to stay tuned for more updates as market conditions evolve.
The mood in the markets is cautious as investors brace for a packed week. The…
Story Highlights The live price of the LINK token is . Price prediction for 2025…
Story Highlights The live price of the PEPE coin is . Analysts predict PEPE could…
A new whale withdrew 11,370 ETH worth $40 million from Coinbase Prime at an average…
Is the U.S. about to add Bitcoin to its reserves? Pompliano thinks so. With inflation…
The cryptocurrency market is on high alert today after new data from CryptoQuant shows that…
