Crypto Market Overview: Global Cryptocurrency Market Cap Climbs 0.44% to $2.32 Trillion

Bitcoin remains steady, rising by 0.24%, with strong ETF inflows. XRP posts a 3.41% surge, while Solana drops by 0.76%.

Crypto Market Highlights: Cryptocurrency market cap showed a modest gain of 0.44% in the past 24 hours, reaching $2.32 trillion. However, trading volumes decreased by 24.67%, with $80.83 billion in total volume. Despite the slight market downturn, investor sentiment remained positive, with the Fear & Greed Index rising to 60, moving into the “Greed” zone.

The cryptocurrency industry faced another scam as Radiant Capital was hacked, resulting in the theft of $53 million. The attack occurred on Arbitrum and BNB Chain, where the hacker stole and swapped assets for 12,835 ETH ($33.6M) and 32,113 BNB ($19.4M). In total, Radiant lost six tokens on BNB and 12 on Arbitrum.

Bitcoin Analysis: BTC Price Stays Above $67k!

Bitcoin price continued its steady upward trend, trading at $67,313.34 after a 0.24% increase in the past 24 hours. BTC price remained above the key level of $67k. Bitcoin dominance also remained high at 57.5%.

Notably, recent spot Bitcoin ETF inflows were significant, with $458.54 million added as of October 16th. Blackrock's participation contributed to the ETF market, which saw a total of $1.4 billion in inflows within three days.

Altcoin Today: XRP Price Surges Amid SEC Appeal Confusion?

Ethereum price held firm at $2,630.74 with a 0.55% increase, supported by inflows into spot ETH ETFs, which recorded $24.22 million as of October 16th.

On the other hand, Solana price dipped 0.76%, trading at $153.04. XRP made significant gains, rising 3.41% to $0.5602, showing strong momentum. XRP's growth came amid the confusion surrounding the SEC's appeal.

Top Gainers:

RankCoinPrice24h%1GALA0.56023.41%2XRP0.56023.41%3SAND0.84472.84%4MANA2.04772.47%5KSM600.761.76%

Top Losers:

RankCoinPrice24h%1SOL153.04-0.76%2UNI28.37-0.37%3MATIC1.206-0.06MOT43.8-0.08%5SHIB0.0000404-0.44%

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