Crypto Market Today (Oct 24th, 2024): Bitcoin at $67k | Memecoins Surge Double-Digit!

Crypto Market Today: The crypto business has seen a modest rise over the previous day, surging 0.69%, pushing the total market cap to $2.3 Trillion. Investors and traders also showed optimism, which led to the 24-hour volume climbing by 19.53% to $82.4 billion. However, the Fear & Greed index remains at a neutral score of 52, reflecting a cautious market sentiment.

Bitcoin Today: Will BTC Push Higher?

Bitcoin continues to show resilience and has risen by 1.25% to $67,213.22 in the past 24 hours. With a 20.80% spike in intraday volume, BTC price seems to be recovering from its recent consolidation phase. Traders are now watching for higher gains, as Bitcoin welcomes steady ETF inflows. 

Curious about BTC’s future price? Our Bitcoin Price Prediction answers that and much more!

Altcoin Highlights: Solana Surges as Ethereum Struggles

Ethereum however, has not followed Bitcoin’s footsteps, falling by 2.00% to $2,527.42. Despite this dip, other altcoins like Solana (SOL) have shown stronger momentum, gaining 4.62% to reach $173.79. XRP (XRP) remains relatively stable, with a slight increase of 0.26%, now priced at $0.5278.

Wondering if the ETH price will claim the $5k mark in 2024. Read our Ethereum Price Prediction for details!

Meme Coins Lead the Rally

Meme coins are the day’s biggest winners. GOAT tops the list with a noteworthy 24.54% surge, reaching $0.8767. MEW also saw substantial gains, up 12.39% to $0.01053, while Popcat followed closely, jumping 10.59% to $1.54.

Top Losers

On the flipside, Apecoin (APE) faced the steepest decline, down 6.33% to $1.13. Gala (GALA) and Axie Infinity (AXS) also struggled, losing 4.73% and 4.20%, respectively.

As the market remains neutral, Bitcoin’s performance and the rise of meme coins continue to dominate investor interest, with many eyeing the Fear & Greed Index for potential shifts in sentiment.

Subscribe to us, for an update on everyday happenings in the industry!