Story Highlights

  • The global cryptocurrency market capitalization rose 0.44% to $2.32 trillion.

  • Bitcoin remained stable, up 0.24%, with strong ETF inflows.

  • XRP rose 3.41%, while Solana fell 0.76%.

Cryptocurrency Market Overview: The cryptocurrency market rose slightly by 0.44% in the past 24 hours, with a total market value of $2.32 trillion. Trading volume fell by 24.67%, with a trading volume of $80.83 billion, but investor sentiment remained optimistic, with the Fear and Greed Index climbing to 60, entering the "greed" zone.

As the cryptocurrency industry gains momentum, scammers strike again, hacking Radiant Capital and stealing $53 million. The attack took place on Arbitrum and BNB Chain, with hackers stealing and exchanging assets worth 12,835 ETH ($33.6 million) and 32,113 BNB ($19.4 million). Radiant lost 6 tokens on BNB and 12 tokens on Arbitrum.

Bitcoin Price Analysis: BTC Remains Above $67,000!

Bitcoin continues its steady rise and is currently trading at $67,313.34, up 0.24% in the past 24 hours. Bitcoin dominance remains at 57.5%. Significant recent inflows into the spot Bitcoin ETF, which increased by $458.54 million as of October 16, have contributed to Bitcoin’s resilience. BlackRock has been a key player as the ETF market saw $1.4 billion in inflows over three days.

Are you interested in BTC’s future price target? Our Bitcoin price prediction will answer your questions and more!

Altcoins of the Day: SEC Appeal Chaos Sends XRP Price Soaring?

Ethereum (ETH) prices held firm at $2,630.74, up 0.55%, supported by inflows into the spot ETH ETF, which amounted to $24.22 million as of October 16. However, Solana (SOL) prices struggled, falling 0.76% to $153.04. XRP rose sharply, rising 3.41% to $0.5602, showing strong momentum, and XRP's growth came amid the chaos surrounding the SEC appeal.

Concerned about ETH’s long-term price target? Read our Ethereum price prediction

Stocks with the biggest gains:

  • Bonk (BONK): $0.00002415 (+7.60%)

  • Credit Suisse (SUI): $2.15 (+4.61%)

Biggest Loser:

  • Ethereum (ETHA): $0.3894 (-13.08%)

  • Bittensor (TAO): $576.64 (-7.63%)