crypto news today
Cryptocurrency Prices: The global cryptocurrency market has incurred a minor pullback, falling by 0.55% in the past 24 hours, bringing the total market cap to $2.26 trillion. However, the trading activity surged with a 32.37% increase in 24-hour volume, totaling $80.77 billion. The Fear & Greed Index at 48, indicates a balanced market outlook. While Bitcoin and Ethereum sail rough winds, Eigen Layer (EIGEN) gets listed on Binance amid Uptober hopes.
The BTC price is trading at $63,737.53, down 1.18% over the past day, as it struggles to maintain its recent gains. The dip comes despite the $61.30 worth of inflows in spot Bitcoin ETFs recorded yesterday. In addition, Japan’s Metaplanet announced its purchase of 107.91 BTC.
However, Bitcoin’s trading volume has spiked by 75.58%, reflecting heightened market activity. The $64k level has become a critical zone for BTC, with traders eyeing the $65k resistance level for future breakout potential.
Keen on BTC price targets? Our Bitcoin Price Prediction answers that and much more!
Ethereum (ETH) continues showing a modest gain of 0.25% to trade at $2,639.68. The coin was stable, holding strong above the $2.6k mark. Solana price saw a slight drop of 0.32%, priced at $155.58, but its overall momentum stays positive. Meanwhile, XRP took a notable hit, dropping 3.95% to $0.6187, making it one of the day’s top losers.
Curious about the long-term price targets of ETH? Read our Ethereum Price Prediction
Top Gainers: Beam (BEAM) surged by 9.67%, leading the market gainers to trade at $0.0203. Fantom (FTM) and Bonk (BONK) followed closely, with gains of 9.38% and 9.30%, respectively.
Top Losers: Jasmy Coin (JASMY) led the day’s losers with a 4.75% decline, now priced at $0.02222. Celestia (TIA) also suffered, dropping 4.59% to $5.65, and XRP’s downward trend continued with a 3.63% loss.
Stay tuned for daily updates on cryptocurrency prices and market trends.
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