The crypto market has struggled to maintain the rally that was ignited yesterday. An overview of the broader market reflects a mix of green and red trading. The flagship cryptocurrency Bitcoin has held the $67k mark reached yesterday. However, the altcoin market has shown varied price movements sending mixed signals to investors.
According to on-chain data, the total crypto market valuation dropped marginally by 0.15% to reach $2.31 trillion. However, investors remain bullish as the market sentiment hovers in ‘greed,’ as per the crypto fear and greed index data. Below is how the top cryptocurrencies have reacted in the last 24 hours.
Top Crypto Prices Today
The price of Bitcoin jumped as high as $68,200 in the early Asian trading hours of today. However, at press time, Bitcoin lost some accumulated gains and traded at $67,277, representing a 0.01% decline in the last 24 hours. Notably, its trading volume over the last day plummeted by 25% to $36 billion, with a live market cap of $1.33 trillion.
Amid the dip, Bitcoin ETFs saw a significant inflow of $458.54 million as of October 16 according to data from Soso Value. Ultimately, Bitcoin’s dominance rested at 57.50%, increasing by 0.08%.
Source: CoinMarketCap
On the altcoin front, the price of Ethereum increased by 0.98% over the last day to trade at $2,633. Notably, ETH has moved between the price range of $2,596.35 and $2,643.41 in the last 24 hours.
The coin’s one-day trading volume also declined by 22% to reach $16.8 billion. Interestingly, ETH ETF saw an inflow of $24.22 million on October 16 after recording a significant outflow the previous day.
Other Altcoin Prices
The Solana price dipped by 0.52% and is now changing hands at $153.08 at the time of writing. The coin experienced an intraday low and high of $152.42 and $157.82, respectively. Solana’s market cap was at $71.9 billion at the time of writing.
The Ripple-backed XRP price surged by 3.71% in the past 24 hours and is now trading at $0.5612. Its 24-hour bottom and top touched $0.5375 and $0.5636, respectively. Additionally, XRP’s market cap rested at $31.7 billion today.
Binance-backed BNB coin jumped by 1.46% to trade at $600.41 and maintained a 24-hour trading range of $589.90 and $605.96 respectively. Similarly, the TRX price added 0.59% to its value to change hands at $0.1601 maintaining a 24-hour trading range of $0.1588 and $0.1603 respectively.
Toncoin (TON) saw a drop in price over the last day. Per CMC data, TON dropped by 0.30% to trade at $5.19. Similarly, its one-day trading volume declined by 33% to reach $163.9 million. Ultimately TON traded between the bottom and peak of $5.17 and $5.31 in the last 24 hours.
The Dogecoin (DOGE) price increased by 3.68% and is changing hands at $0.1234. Also, the Shiba Inu (SHIB) price climbed by 0.66% to $0.00001825. Meanwhile, PEPE, WIF, and BONK prices all jumped by 0.8%, 3.2%, and 9.29% respectively in the past 24 hours.
Top Trending Crypto Gainers Today
Goatseus Maximus (GOAT) skyrocketed by 34.45% to reach $0.313
AI Companion (AIC) added 21.36% to $0.09999
FTX Token (FTT) surged 16.25% to $2.11
IQ (IQ) moved up by 11.89% to $0.006955
Dego Finance (DEGO) jumped by 8.91% to $2.455
The post Crypto Price Update October 17: BTC Holds $67K, Altcoin Market Exhibits Varied Patterns appeared first on Coinfomania.
