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Reading: Harsh Fluctuation in the Cryptocurrency Market! While Bitcoin Falls, WIF and UNI Rise
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EdaFace Newsfeed > Latest News > Crypto News > Harsh Fluctuation in the Cryptocurrency Market! While Bitcoin Falls, WIF and UNI Rise
Crypto News

Harsh Fluctuation in the Cryptocurrency Market! While Bitcoin Falls, WIF and UNI Rise

vitalclick
Last updated: October 11, 2024 7:01 am
4 months ago
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Contents
Performance of Major CryptocurrenciesToday’s Most Valuable GainersToday’s Biggest Losers

The cryptocurrency market experienced mixed price movements on October 11. Bitcoin (BTC) $60,797 While trading at $60,000, Ethereum (ETH) $2,383Solana (SOL) and XRP traded in the green. Additionally, Dogwifhat (WIF) and Uniswap (UNI) were among the top gainers on the day.

Performance of Major Cryptocurrencies

Today, BTC traded at $60,626, down approximately 0.5%. Ethereum, on the other hand, increased by around 1% and reached a value of $ 2,410. Solana closed overnight at $141, up 1%. XRP, on the other hand, increased by 1.5% to $ 0.535.

Today’s Most Valuable Gainers

The top gaining cryptocurrencies during the day included Uniswap (up 9% to $8.06), Dogwifhat (up 6% to $2.5) and MANTRA (up 8% to $1.45). The rise of these currencies contributed positively to market activity.

Today’s Biggest Losers

On the other hand, there was a decrease in the prices of NEIRO (down 6% to $0.001682), Conflux (down 5% to $0.1662) and Aptos (down 5% to $8.06). These declines showed a movement parallel to the general course of the market.

Overall, there was a 0.17% decline in global crypto market cap, falling to a total of $2.12 trillion. However, market volume increased by 2.13% to $68.77 billion. These changes led to increased speculation among investors.

In the short term, BTC is expected to maintain the $60,000 level. It seems likely that Ethereum and other important altcoins will also move in parallel with market fluctuations.

Market dynamics and economic indicators continue to shape interest in cryptocurrencies and investor behavior. Investors carefully monitor market trends and determine their strategies accordingly.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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