Bitcoin$BTC
The (BTC) price fell to $63,000 today despite positive market expectations and notable ETF inflows in October. Leading altcoins experienced high volatility, reflecting market uncertainties. Amidst these fluctuations, Bittensor (TAO) and SUI emerged as the biggest gainers of the day.
Mixed Performance in Crypto Market Amid Volatility
The crypto market today witnessed various price movements that led to speculation among investors. Bitcoin fell more than 1% to $63,579 as of September 30, despite positive inflows into Bitcoin ETFs. Altcoins such as Ethereum (ETH), Solana (SOL), and XRP also experienced significant fluctuations. In contrast, Bittensor (TAO) and SUI were the top performers of the day, up nearly 10%.
Bitcoin’s trading range for the day ranged from $62,873.62 to $64,701.38. Despite $61.30 million in inflows into spot Bitcoin ETFs as of September 30, Bitcoin’s dominance fell by 0.23% to 55.93%. However, Metaplanet Japan’s recent purchase of 107.91 BTC suggests continued institutional interest and a potential bull market for October.
Ethereum’s Volatility Indications$ETH
Ethereum price increased by 0.15% to $2,631. ETH’s trading range was recorded between $2,576.98 and $2,643.66. As of September 30, $822.29K worth of outflows were observed from spot Ethereum ETFs, contributing to price volatility. In addition, significant amounts of ETH were transferred to Coinbase, increasing price instability and raising concerns among investors.
Solana (SOL) fell 0.7% today to $155. The daily trading range was between $151.78 and $157.62. Solana’s market cap is at $72.59 billion. XRP fell 3% to $0.623, a drop that occurred after Ripple released 1 billion tokens from escrow. XRP’s 24-hour trading range ranged from $0.611 to $0.6524, and its current market cap is recorded at $35.24 billion.
Mixed Reactions on Meme Coins
Same corner$MEME
The sector has been a mixed performer, with Dogecoin (DOGE) down 4% to $0.1176, while Shiba Inu (SHIB) is down 2% to $0.0000183. On the other hand, Dogwifhat (WIF) and FLOKI are up between 3% and 4.5%, showing some resilience in this market segment.
Bittensor (TAO) and SUI were the biggest gainers of the day, with TAO up nearly 9% to $605.86, while SUI rose more than 10% to $1.91. JasmyCoin (JASMY) and Celestia (TIA) were the biggest losers, with JASMY down 5% to $0.02223, while TIA fell close to 5% to $5.65. Pepe Coin (PEPE) also suffered a significant loss, dropping 4% to $0.00001082.
