News View Non-AMP

Crypto News Today (Oct 28, 2024): Bitcoin Inches to $69k, Mantra & Neiro Gain Volumes

Published by
Shrishesh Tanksalkar

The cryptocurrency market cap showed solid improvement today, rising by 1.78% to reach a total of $2.32 trillion. Trading activity also spiked, with the 24-hour volume climbing by a noteworthy 37.10% to $59.79 billion. Market sentiment, as indicated by the Fear & Greed Index, rests in neutral territory at 54, hinting at balanced emotions among investors amid recent fluctuations.

Bitcoin Price Heading Toward ATH Soon?

Bitcoin continues its upward trajectory, experiencing a 2.33% increase over the past 24 hours, bringing it to $68,691.5. This rally has been accompanied by a strong surge in trading volume, up by 57.88%. With BTC dominance steady at 58.4%, market participants remain eager to see if Bitcoin will maintain this momentum to ATH or encounter resistance in the coming days.

Curious about where BTC is heading next? Read our Bitcoin Price Prediction for insights!

Ethereum and Altcoin Highlights: Neiro Outshines

Ethereum follows Bitcoin’s lead, gaining 1.93% to reach $2,520.60. Meanwhile, Solana and XRP have both recorded modest gains of 1.32% and 1.49%, respectively. Among smaller assets, Neiro has stood out with a remarkable 5.44% boost to $0.001603, catching attention as a high performer in today’s altcoin market.

Interested in Ethereum’s 2024 outlook? Our Ethereum Price Prediction has all the answers!

Top Movers: Mantra and Popcat Take the Spotlight

Mantra leads today’s top gainers with an impressive 9.50% increase, bringing it to $1.38. Close behind is Popcat, which saw an 8.11% rise to $1.54, while THORChain followed suit with a 6.99% uptick. The focus on meme coins continues to captivate traders, with many looking for these tokens to accelerate gains in the coming sessions.

Top Losers: SUI, MEW Face Pressure

On the downside, SUI suffered a 4.95% dip to $1.70, followed by MEW, which declined by 3.26% to $0.009683. Celestia also slipped, down 2.75%, reflecting some pullback as traders recalibrate their positions.

With a neutral sentiment prevailing, investors are closely monitoring market shifts, particularly the rise of assets like Mantra and Neiro.

Subscribe to us, to stay updated on all the latest happenings in the crypto industry!

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

JD Vance Slams FED Chair Jerome Powell for Refusing Interest Rate Cut

Tensions are rising between the White House and the Federal Reserve. Vice President JD Vance…

June 25, 2025

U.S. and U.K. Join Forces to Regulate Crypto Regulation

In a major step toward harmonizing financial regulation, top U.S. and U.K. regulators have committed…

June 25, 2025

Is XRP at $2 the Next Bitcoin Moment? 95% May Miss the Breakout

XRP is currently trading around $2.18 after a brief pullback, but market sentiment remains bullish.…

June 25, 2025

Crypto Tax Rules in India Trigger Mass Notices to Traders

India’s stance on cryptocurrency continues to spark debate. On one hand, the government imposes a…

June 25, 2025

Shiba Inu and Pepe Coin Under Threat: 4 Cryptos Not To Sleep On In 2025

While the crypto market has experienced huge fluctuations in 2025, the altcoin market continues to…

June 25, 2025

Ripple Co-Founder Arthur Britto is Back: David Schwartz Explains Why

Arthur Britto, one of the original creators of Ripple and the XRP Ledger, posted on…

June 25, 2025