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Reading: Crypto Prices Today: Bitcoin Steady Above $68K, Altcoins on the Rise
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EdaFace Newsfeed > Latest News > Crypto News > Crypto Prices Today: Bitcoin Steady Above $68K, Altcoins on the Rise
Crypto News

Crypto Prices Today: Bitcoin Steady Above $68K, Altcoins on the Rise

vitalclick
Last updated: October 19, 2024 8:45 am
1 year ago
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Cryptocurrency prices have attracted the global curiosity of investors today. While major cryptocurrencies halt the downtrend, Bitcoin (BTC) $67,945 Its price remained stable above the $68K level. Ethereum (ETH) $2,631Altcoins such as , Solana (SOL) and XRP traded in the green zone. Additionally, the global crypto market cap increased by 0.8% to $2.35 trillion.

Price MovementsMarket Indicators

Price Movements

Bitcoin is trading 1% higher today at $68,480, while it recorded an intraday low of $67,521.21 and a high of $68,969.75. Ethereum rose by more than 1% to $2,648. Solana increased by 1.5% to $154, and XRP increased by 1% to $0.5479. Bitcoin’s market dominance has declined slightly at 57.58%.

Dogecoin among meme coins $0.13437 (DOGE) rose 9% to $0.1448, while Shiba Inu (SHIB) rose 3% to $0.00001924. Pepe Coin (PEPE), dogwifhat (WIF) and Bonk also increased by 0.5-5%. The Sandbox (SAND) was the biggest gainer of the day, rising 12% to $0.2933. Axie Infinity (AXS) and Ondo also gained 12% and 11% respectively.

Market Indicators

Global crypto market cap increased by 0.8% in the last day to $2.35 trillion. However, total market volume fell 3.5% today to $73.06 billion. Investment inflows into Bitcoin and Ethereum ETFs were $273.71 million and $1.91 million, respectively. Additionally, Whale Alert data showed significant transfers of Ethereum to Coinbase.

This mobility in crypto markets offers various opportunities and risks for investors. While the stable performance of the main cryptocurrencies creates a positive atmosphere in the overall market, the decrease in market volume indicates some uncertainties. In the last hourly charts, Bitcoin decreased by 0.05% and Ethereum decreased by 0.29%.

Market analysts state that such fluctuations are due to the volatile structure of cryptocurrencies. Investors are recommended to follow market trends closely and manage their risks. Additionally, increases in ETFs indicate institutional investment interest in cryptocurrencies.

Cryptocurrency markets had an active day. While the stable performance of main cryptocurrencies and the increase in altcoins were positive signals for investors, the decrease in market volume attracted attention.

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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