The post Crypto News Today (Oct 24th, 2024): Bitcoin Price Stays at $67k, SAFE Becomes Top Gainer appeared first on Coinpedia Fintech News
Crypto Price Today (Oct 25, 2024): Today’s crypto market experienced minor fluctuations, with the global market cap dipping 0.25% to $2.31 trillion, while 24-hour trading volume plummeted by 12.96% to $72.69 billion. The market sentiment remains cautious, as reflected by a Fear & Greed Index reading of 56, marking a neutral outlook among traders.
Bitcoin Holds Strong with ETF Inflows?
Bitcoin showed little growth, rising 0.51% to $67,688.20 over the past 24 hours, while its dominance in the market rose to 57.96%. This stability could be catalyzed by Bitcoin ETF inflows of $188.11 million. Despite lower trading volumes (-12.81%), Bitcoin continues to strengthen its position, with investors watching closely for potential upward momentum amid ETF-related optimism.
Curious about BTC’s future price? Our Bitcoin Price Prediction answers that and much more!
Altcoin Highlights: Ethereum, Solana, and XRP
Ethereum fell 2.41% to $2,492.31, despite $2.3 million in ETF inflows. Meanwhile, Solana’s price rose 0.30% to $173.62 on recent statements from its co-founder implying plans to add Ethereum-like executive levels. This announcement has raised interest in the cryptocurrency community. XRP fell 1.12% to $0.5249, making it another altcoin facing headwinds.
Wondering if the ETH price will claim the $5k mark in 2024. Read our Ethereum Price Prediction for details!
Top Gainers
Notably, Safe outperformed the top 100 tokens, rising 78.36% to $1.68 after debuting on the Upbit exchange. Raydium likewise rose 8.85% to $2.99, while MEW increased 7.45% to $0.01129. This increase in meme coins shows a resurgence of speculative interest, even as mainstream cryptocurrencies experience a calm period.
Top Losers
On the downside, Mantra declined 9.27% to $1.28, Popcat lost 8.57% to $1.50, and Pendle fell 8.51% to $4.60, indicating a difficult day for several altcoins despite the market’s overall stability.
Subscribe to us, for every day updates on the happenings in the industry!
The post Crypto News Today (Oct 24th, 2024): Bitcoin Price Stays at $67k, SAFE Becomes Top Gainer appeared first on Coinpedia Fintech News
Crypto Price Today (Oct 25, 2024): Today’s crypto market experienced minor fluctuations, with the global market cap dipping 0.25% to $2.31 trillion, while 24-hour trading volume plummeted by 12.96% to $72.69 billion. The market sentiment remains cautious, as reflected by a Fear & Greed Index reading of 56, marking a neutral outlook among traders.
Bitcoin Holds Strong with ETF Inflows?
Bitcoin showed little growth, rising 0.51% to $67,688.20 over the past 24 hours, while its dominance in the market rose to 57.96%. This stability could be catalyzed by Bitcoin ETF inflows of $188.11 million. Despite lower trading volumes (-12.81%), Bitcoin continues to strengthen its position, with investors watching closely for potential upward momentum amid ETF-related optimism.
Curious about BTC’s future price? Our Bitcoin Price Prediction answers that and much more!
Altcoin Highlights: Ethereum, Solana, and XRP
Ethereum fell 2.41% to $2,492.31, despite $2.3 million in ETF inflows. Meanwhile, Solana’s price rose 0.30% to $173.62 on recent statements from its co-founder implying plans to add Ethereum-like executive levels. This announcement has raised interest in the cryptocurrency community. XRP fell 1.12% to $0.5249, making it another altcoin facing headwinds.
Wondering if the ETH price will claim the $5k mark in 2024. Read our Ethereum Price Prediction for details!
Top Gainers
Notably, Safe outperformed the top 100 tokens, rising 78.36% to $1.68 after debuting on the Upbit exchange. Raydium likewise rose 8.85% to $2.99, while MEW increased 7.45% to $0.01129. This increase in meme coins shows a resurgence of speculative interest, even as mainstream cryptocurrencies experience a calm period.
Top Losers
On the downside, Mantra declined 9.27% to $1.28, Popcat lost 8.57% to $1.50, and Pendle fell 8.51% to $4.60, indicating a difficult day for several altcoins despite the market’s overall stability.
Subscribe to us, for every day updates on the happenings in the industry!
