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Crypto Markets Ignited: Bitcoin and These Altcoins are Racing to the Top
There is noticeable volatility in the cryptocurrency market today. In particular, major altcoins such as Ethereum (ETH), Solana (SOL), and XRP have started trading in the green while Bitcoin (BTC) maintains its level at $67,000. Additionally, Dogecoin (DOGE) was among the top gainers with an 8% increase. The total market value reached $2.32 trillion with a 0.20% increase. However, the total market cap decreased by 24.81% to $81.29 billion. As Kriptokoin.com, we are examining the price movements of leading cryptocurrencies today.
Leader Cryptocurrency Bitcoin and Ethereum Prices
Bitcoin is trading at $67,518 with a small increase of 0.5%. The intraday low and high levels recorded were $66,776 and $68,375, respectively. In addition, the entry of $458 million into Bitcoin ETFs as of October 16th supported the slight increase in price. At the same time, Bitcoin's market value reached $1.34 trillion today.
Ethereum (ETH) price reached $2,633 with a 0.5% increase. The lowest and highest values of the day were recorded as $2,592 and $2,645, respectively. However, the $24.22 million worth of entries to Ethereum ETFs are also among the factors supporting the rise of ETH. As a result, the crypto market cap reached $317.28 billion.
Solana, XRP and Meme Coins
Solana (SOL) showed a slight decrease of 0.6% and is currently trading at $153.41. The daily low and high levels were recorded as $153.08 and $158.14, respectively. Finally, Solana's market value was $72.57 billion. XRP rose by 1% to $0.5482. The daily low and high values were recorded as $0.538 and $0.5531, respectively. Today, the market value of the cryptocurrency was determined as $31.06 billion.
Meme coins showed significant gains today. Especially, Dogecoin (DOGE) reached $0.1254, increasing by 8%. Shiba Inu (SHIB) rose to $0.00001845 with a 1% increase. In addition, Pepe Coin (PEPE) and Bonk (BONK) showed a 1% increase.
The Most Gaining and Losing Cryptocurrencies of the Day
FTX Token (FTT) has increased by 12% and is currently trading at $2.08. The lowest and highest values were $1.78 and $2.29 respectively. Mog Coin (MOG) is trading at $0.00000205 with an 8% increase. The lowest and highest values recorded were $0.000001837 and $0.000002109. Another cryptocurrency, Bonk (BONK), has increased by 9% and reached $0.00002444. The lowest and highest values during the day were $0.00002185 and $0.00002509 respectively.
Hedera (HBAR) fell by 6% to $0.05297. Its lowest and highest values were recorded as $0.05289 and $0.05622, respectively. Ethena (ENA) is trading at $0.3996 with a 9% loss. Its intraday lows and highs were $0.3838 and $0.4495, respectively. Another cryptocurrency, Bittensor (TAO), declined by 6% to $583. Its lowest and highest values were recorded as $572.64 and $633.38, respectively.
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