News View Non-AMP

Crypto News Today (Oct 21st, 2024): BTC Back at $68k, Memecoins and Altcoins Show Double-Digit Gains!

Published by
Shrishesh Tanksalkar

The global cryptocurrency market has experienced a positive shift, with a 0.69% increase bringing the total market cap to $2.36 trillion. The 24-hour trading volume saw an impressive 80.85% surge, reaching $76.3 billion. Market sentiment continues to trend in the “Greed” zone, as indicated by the Fear & Greed Index at 63.

Bitcoin Overview: BTC Remains Below $70k, Despite $20B ETF Inflow?

Bitcoin’s price remains steady, slipping slightly by 0.24% to $68,210.67, though it briefly touched above $69,000 for the first time in a month. The correction despite the $20B ETF inflow has been a let-down for investors. Irrespective of this minor setback, Bitcoin dominance holds at 57.2%. Interestingly, Bitcoin’s 24-hour trading volume spiked by 92.86%, suggesting heightened market activity. Though the all-time high of $73,750.07 remains distant, the market seems poised for potential upward movement.

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

Altcoin Highlights: Apecoin & MEW Memecoins Lead Gainers

ETH price continues its upward trajectory, rising 2.23% to $2,706.51, with Ethereum’s dominance now at 13.8%. Solana also saw a solid 4.74% rise, hitting $166.34, while XRP joined the rally with a 2.99% gain, now at $0.5561.

Curious about the long-term price targets of ETH? Read our Ethereum Price Prediction

Memecoins and altcoins have once again captured the spotlight, with several experiencing impressive gains. Apecoin led the top gainers with a 26.67% jump, followed by dydx, which surged 17.39%. Memecoin MEW also climbed 10.17%, adding fuel to the ongoing meme coin rally.

Top Gainers:

  • Apecoin: $1.74 (+26.67%)
  • dydx: $1.20 (+17.39%)
  • MEW: $0.009384 (+10.17%)

Top Losers:

  • First Neiro on Ethereum: $0.001747 (-7.43%)
  • Immutable: $1.58 (-3.52%)
  • Aerodrome Finance: $1.26 (-3.47%)

As the market remains in a “Greed” phase, investors are keeping a close watch on Bitcoin’s next moves, while altcoins and meme coins continue to lead the charge, offering exciting opportunities for gains.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

Eigen Labs Sends Home 25% of Its Employees to Focus on a16z-backed EigenCloud

Eigen Labs, the blockchain company behind the EigenLayer (EIGEN) protocol that pioneered the crypto restaking…

July 9, 2025

Are You Selling Your Bitcoin to Institutions? Top Reasons to Reconsider and Hold BTC

Over the past year, there’s been a massive shift in Bitcoin’s ownership whereinthe institutional players…

July 9, 2025

ReserveOne to Launch $1 Billion Bitcoin-Dominated Digital Asset Reserve

ReserveOne, a newly formed firm inspired by the proposed U.S. strategic Bitcoin Reserve, has announced…

July 8, 2025

Cronos (CRO) Price Explodes After Truth Social Files Crypto Blue-Chip ETF—Can it Secure $0.1 Today?

The recent filing of the Truth Social Crypto Blue-Chip ETF has sparked renewed interest in…

July 8, 2025

A Brewing War? How Jupiter, BullX, and Axiom are Grappling with AI‑Powered “Vibe” Traders

What happens when retail traders get smart? The house fights back. In this context, one…

July 8, 2025

These 4 Coins Will Grow $100 into $10,000 Faster Than Shiba Inu (SHIB) Did, All Priced Below $0.50

In 2021, Shiba Inu (SHIB) shocked the world by transforming small investments into substantial wealth.…

July 8, 2025