Cryptocurrency Market Update: BTC Dips Below $61K Amid Volatility
On October 2, Bitcoin (BTC) fell to around $61,867, down nearly 3% in 24 hours, driven by significant ETF outflows. Ethereum (ETH) declined over 5% to $2,491, while altcoins like Solana (SOL) and XRP also faced losses.
Key Highlights:
- Bitcoin (BTC): Trading at $61,867, down 3%. Market cap: $1.22 trillion. BTC's volatility is influenced by $242.53 million in ETF outflows.
- Ethereum (ETH): Currently at $2,491, down 5%. Market cap: $299.88 billion. Spot Ethereum ETFs saw $48.52 million in outflows.
- Solana (SOL): Price dropped 5% to $147. Market cap: $68.94 billion. The coin is experiencing turbulence in line with the market.
- XRP: Trading at $0.6019, down over 3%. Market cap: $34.01 billion. XRP is facing pressure amidst regulatory developments.
Top Performers:
- FTX Token (FTT): Surged nearly 13% to $2.15, showing resilience amidst market declines.
- EigenLayer (EIGEN): Up over 10% to $4.09, gaining attention as a top performer.
Top Losers:
- Starknet (STRK): Fell approximately 15% to $0.3931, reflecting broader market trends.
- Injective (INJ): Dropped nearly 14% to $20.99, as it faces significant selling pressure.
Market Overview:
The total cryptocurrency market cap decreased by 3.46% to $2.17 trillion, with trading volume surging 44.09% to $115.97 billion. As bearish sentiments prevail, select tokens stand out amidst the volatility.
Follow for updates, trends and analysis. Your follow is my motivation. thanks.
buy and enjoy these. dyor
#NeiroOnBinance #BTCReboundsAfterFOMC #CATIonBinance #EIGENonBinance #Write2Earn!
