News View Non-AMP

Crypto News Today (Oct 7th, 2024): Bitcoin Nears $64k, Memecoins to Start a Bull Run?

Published by
Shrishesh Tanksalkar

Cryptocurrency Market Overview: The global cryptocurrency market has seen a notable rise, with the market cap at $2.21 trillion. The overall trading volume in the market has taken a hit, dropping by 39.57% to $51.79 billion. However, despite these numbers, the market sentiment remains steady, with the Fear & Greed Index set at 43, suggesting a neutral view among investors.

Bitcoin Price Today: BTC Price Reclaims the $63k Mark!

Bitcoin (BTC) is trading at $63,433.13, up 2.43% for the day. This bodes well for Bitcoin, as trade volume has increased by 55.54% in the last 24 hours. The United Arab Emirates Federal Tax Authority (FTA) exempts VAT for virtual asset transfers and conversions, which has contributed to BTC’s upward price trend.

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

Altcoin Watch: Popcat Memecoin Hits a New ATH!

Ethereum is now worth $2,485.24, up 2.88% from its previous price. With the two most popular cryptocurrencies still rising, investors are cautiously hopeful about the future.

Interested in the long-term price targets of ETH? Read our Ethereum Price Prediction

Subsequently, Solana (SOL) has proven to be yet another impressive performer, rising 4.57% to $149.18. Even though it wasn’t as volatile, XRP nevertheless had good momentum, rising 1.95% to trade at $0.5407. Meme currencies have seen tremendous increases amid the uptrends, with Popcat setting a new all-time high.

Top Gainers:
The biggest gainer of the day is Dogwifthat (DWH), which shot up 18.16% to $2.63. MogCoin closely trailed, rising 17.41% to a current value of $0.0000001673. Popcat also saw a noteworthy 16.80% rise, coming in at $1.41. It’s interesting to note that in less than a month, a smart whale was able to profit $4.36 million from Popcat, which represents a return of over 100%.

Top Losers:
Monero (XMR) led the losers, dropping by 4.31% to $147.08. Kaspa (KAS) followed with a 1.68% decline, settling at $0.1442, while Tether Gold (XAUT) saw a minimal loss of 0.34%, trading at $2,645.25.

Subscribe to us, to receive every day newsletters to keep you updated on all the latest news!

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

‘Hundreds of Millions of Dollars Have Come In’: Sal Gilbertie Says XRP Is Teucrium’s Top Performer

XRP is starting to turn heads once again, and some financial experts say it could…

July 30, 2025

Analysts Agree: SpacePay’s Climbing the Top Crypto Presale Ranks

Something interesting is happening in the crypto payment space right now. SpacePay, a startup from…

July 30, 2025

AML Bitcoin Founder Sentenced to Seven Years for $10 Million Fraud

Rowland Marcus Andrade, founder of AML Bitcoin, was sentenced to seven years in federal prison…

July 30, 2025

Why Bitcoin’s $140K Goal May Be Harder Than It Looks, says 10x Research

Bitcoin has had a great year so far, hitting a 6-figure price, which has made…

July 30, 2025

XRP Whales Open $25 Million in Longs Ahead of White House Crypto Policy Report

Crypto whales have opened $25 million in long positions on XRP ahead of the highly…

July 30, 2025

Crypto Market Cools Off After Recent Overheating Phase

The cryptocurrency market is experiencing a cooling period following intense rallies in recent months. Key…

July 30, 2025