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Reading: Decline in Cryptocurrency Prices: Bitcoin Declines to 66 Thousand Dollars
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EdaFace Newsfeed > Latest News > Crypto News > Decline in Cryptocurrency Prices: Bitcoin Declines to 66 Thousand Dollars
Crypto News

Decline in Cryptocurrency Prices: Bitcoin Declines to 66 Thousand Dollars

vitalclick
Last updated: October 26, 2024 7:34 pm
5 months ago
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Contents
Bitcoin and Major Cryptos Drop in ValueEthereum, Solana and XRP Decline in MarketsVolatility Continues in MemecoinsCryptos with the Most Gains and LossesThe Future of Market Movements

Cryptocurrency prices have sparked negative expectations among global market watchers today. Bitcoin (BTC) $67,091 While its price dropped to 66 thousand dollars in the last day, Ethereum (ETH) $2,472Solana (SOL) and XRP prices fell by 3%-6%. At the same time, the global crypto market cap decreased by 2.48% in one day, currently standing at $2.27 trillion. However, the total market volume increased by 45.66% in value to $105.01 billion.

Bitcoin and Major Cryptos Drop in Value

While the Bitcoin price was traded at $66,805, down approximately 2%, the coin’s daily lowest value was recorded as $65,521.79 and its highest value was $68,722.16. Bitcoin’s market dominance increased by 0.47% to 58.31%, indicating a significant decline in the altcoin sector.

Ethereum, Solana and XRP Decline in Markets

Ethereum price is trading at $2,449, down 3%, while Solana fell from $165 to $160.04. XRP decreased by 3% and closed at $ 0.5109. Ethereum’s market value is set at $295.12 billion today.

Volatility Continues in Memecoins

dogecoin $0.134729 (DOGE) price fell 4% to $0.1337, while Shiba Inu (SHIB) traded down 6% to $0.00001675. Additionally, PEPE, WIF and BONK prices also dropped by up to 8%.

Cryptos with the Most Gains and Losses

Monero (XMR) and Tether Gold (XAUt) prices increased by 0.5% to $158.13 and $2,761 respectively. On the other hand, Wormhole (W) lost 12%, Celestia (TIA) lost 15% and Raydium (RAY) lost 11%.

The Future of Market Movements

BTC, ETH, SOL and XRP showed a slight upward movement in the last hourly charts, increasing investors’ interest in crypto prices. Closely following market trends plays an important role in investment decisions.

Fluctuations in the cryptocurrency market present both opportunities and risks for investors. Analyzing market movements and making informed decisions can be critical to the success of investments.

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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