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Cryptocurrency Prices Today, October 16: BTC Gains While ETH, SOL, & XRP Turbulent

Patricia Arquette
Patricia ArquetteOriginal
2024-10-16 15:58:121056browse

The broader market’s movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day

Cryptocurrency Prices Today, October 16: BTC Gains While ETH, SOL, & XRP Turbulent

Cryptocurrency prices on Wednesday witnessed a mixed trend, with Bitcoin (BTC) price rising above the $67K level, while top altcoins like Ethereum (ETH), Solana (SOL), and XRP prices slipped. Among the top crypto gainers, Litecoin (LTC) and Chiliz (CHZ) prices rose 4%-7%, emerging as the day’s top gainers.

On the other hand, SUI, Brett, and First Neiro On Ethereum (NEIRO) prices fell 7%-10%, leading the broader market’s losses.

The global crypto market cap stood at $2.32 trillion, showing a 1.16% increase in the past 24 hours. Furthermore, the total market volume over the past day soared by 15%, reaching $107.3 billion.

Top Cryptocurrency Prices Today, October 16

Bitcoin (BTC) price today is trading at $67,125, showing a 2.97% gain in the past 24 hours. However, BTC price slipped nearly 1% over the past seven days.

Bitcoin price ranged between a low of $64,809.20 and a high of $67,881.68 in the past 24 hours.

BTC price witnessed a rally over the past few days, coinciding with the continuous inflows in ETFs. Data from Sosovalue showed that spot BTC ETFs recorded inflows valued at $371.02 million on October 15.

Meanwhile, the flagship crypto's market dominance stood at 57.42%, showing a 0.75% increase from the previous day.

Ethereum (ETH) price today showcased a highly turbulent movement, with the coin dominantly in the red territory over the past day. ETH price rested at $2,617, down nearly 0.1% in the past 24 hours.

The coin’s intraday low and high were $2,537.94 and $2,685.17, respectively. Ethereum’s market cap rested at $315.43 billion today.

Data from Sosovalue indicated that spot Ethereum ETFs recorded outflows to the tune of $12.70 million on October 15. This aligns with the coin’s turbulent price movement.

Solana (SOL) crypto witnessed a nearly 1% drop in value today, reaching $154. The coin’s intraday low and high were $150.91 and $158.72, respectively. Solana’s market cap was recorded as $72.53 billion at press time.

The coin falls despite Grayscale’s filing to convert SOL trust into an ETF. Notably, the filing also includes converting AVAX and XRP trust into ETF.

XRP price today followed with a tumbling movement, slipping roughly 1% from yesterday to reach $0.5432. The coin’s intraday low and high were recorded as $0.5327 and $0.5496, respectively.

Crypto market enthusiasts speculate over the coin’s future movements as Ripple CLO spotlights the next steps in the XRP lawsuit.

Meme Coins Performance Today

Dogecoin (DOGE) price today gained nearly 0.2% over the past day and is currently trading at $0.1165. However, Shiba Inu (SHIB) price slipped nearly 1% from yesterday to $0.00001819.

Even Pepe Coin (PEPE), dogwifhat (WIF), and Bonk prices waned by 3%-6%.

Top Cryptocurrency Gainer Prices Today

Among the top crypto gainers, Litecoin (LTC) price soared roughly 7% in the past 24 hours and is currently trading at $71.64.

The coin’s intraday low and high were recorded as $65.56 and $72.85, respectively.

Chiliz (CHZ) price today gained nearly 4% over the past 24 hours and is resting at $0.08161. The coin’s intraday low and high were $0.07733 and $0.08305, respectively.

Beam (BEAM) price today gained roughly 4% over the past day and is trading at $0.01721. The coin’s intraday low and high were $0.01594 and $0.01785, respectively.

Top Cryptocurrency Loser Prices Today

SUI price tanked 10% over the past day and is now sitting at $2. The coin’s 24-hour low and high were $1.99 and $2

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