The crypto market continues to captivate investors globally, with Bitcoin (BTC) hovering around the volatile $68,000 mark. Meanwhile, Ethereum (ETH) is primarily trading in the red, reflecting the broader market trend, where both Solana (SOL) and XRP have seen slight declines. Amid these fluctuations, the global crypto market cap rose by 0.62%, reaching a robust $2.33 trillion, although the total market volume took a 14.35% dip to $71.8 billion.
Bitcoin and Ethereum Price Performance
Today, BTC saw a modest 0.3% gain, currently trading at $67,605. The daily low and high for BTC were noted as $66,683.84 and $68,798.96, respectively. Interestingly, Sosovalue data reveals that Bitcoin ETFs attracted $188.11 million in inflows on October 24. Bitcoin’s market cap stands at $1.35 trillion, with dominance increasing by 0.35% to reach 57.82%.
Ethereum faced a rough day, charting a 2.4% decline to $2,422. Its daily low and high were $2,506.72 and $2,559.15, respectively. While October 24 saw $2.3 million in spot Ethereum ETF inflows, ETH’s price continued to slide, ending with a market cap of $303.54 billion.
Solana and XRP Price Movements
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Solana (SOL) demonstrated notable volatility, inching up by 0.2% to $174.47. The daily low and high for SOL were recorded at $170.99 and $179.00, respectively. Solana’s market cap today stands at $82.04 billion, and recent hints from co-founder Anatoly Yakovenko about Ethereum-like governance structures have stirred up further interest.
XRP also recorded a minor increase, rising by 0.05% to $0.5287. With a daily low and high of $0.5245 and $0.5333, respectively, XRP’s market cap has climbed to $30 billion.
Major Gainers and Losers of the Day
Among the top gainers, SAFE surged by approximately 78%, reaching $1.68, with a daily low and high of $0.932 and $1.72, respectively. RAY experienced a 10% rise to $3.05, and MEW followed with an 11% increase, currently trading at $0.0112.
On the flip side, JUP fell by 7% to $1.01, while POPCAT dropped by 7% to $7.51. OM also recorded an 8% loss, trading at $1.29. As reported by The Bit Journal, volatility remains a defining feature of the crypto markets, making risk awareness essential for all investors.
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The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
