Cryptocurrency prices today have reignited speculation among market watchers around the world. In addition, while the Bitcoin (BTC) price fell to the $ 61,000 level, Ethereum (ETH), Solana (SOL) and XRP prices also followed a fluctuating course. However, EigenLayer (EIGEN) and FTX Token (FTT) stood out as the biggest gainers of the day.
Latest Situation in BTC and ETH Prices
Today, BTC price is at $61,867, down 3% in the last 24 hours. However, Bitcoin’s lowest and highest levels during the day were recorded as $60,189 and $64,110, respectively. As of October 1, Bitcoin ETFs saw $242.53 million in outflows, according to Sosovalue data. Despite this, Bitcoin’s market dominance increased by 0.4% in the last 24 hours, reaching 56.31%. The total market value of Bitcoin decreased to 1.22 trillion dollars. Despite positive market expectations in recent weeks, Bitcoin faced a broad market decline today.
ETH price is down more than 5% in the last 24 hours and is trading at $2,491. However, the lowest and highest levels during the day were recorded as 2,415 and 2,657 dollars, respectively. The market value of Ethereum decreased to 299.88 billion dollars today. An outflow of $48.52 million from spot Ethereum ETFs contributed to the price decline. Ethereum, along with Bitcoin, is adapting to the market-wide decline. However, investors continue to expect a long-term recovery.
Solana and XRP Price Movements Also Matched the BTC Decline
Solana (SOL) price dropped by 5% today to $147. However, the lowest and highest levels during the day were recorded as 142.84 and 157.26 dollars. Solana’s market value stood at $68.94 billion. Ripple-backed XRP, on the other hand, dropped by more than 3% in the last 24 hours, falling to $0.6019. XRP’s low and high levels during the day were $0.5843 and $0.6336 respectively.
Both Solana and XRP are keeping up with overall market trends and the BTC decline. In addition, these cryptocurrencies continue to attract investor attention despite experiencing large fluctuations. However, more volatility in prices is expected in the short term.
Meme Coin Prices and Winners
Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) were also affected by the market decline. However, Dogecoin price dropped by 8% to $0.1079. Similarly, the Shiba Inu price dropped by more than 8% to $0.00001678. Besides this, other meme coins such as PEPE and BONK have also lost between 2% and 9% in the last 24 hours. Experts say that the decline in BTC price also affects meme coins.
Among the biggest gainers of the day, FTX Token (FTT) and EigenLayer (EIGEN) stood out. FTT price increased by 13% to $2.15. The EigenLayer price increased by more than 10%, reaching $4.09. These coins attracted the attention of investors in falling market conditions. As we reported as Kriptokoin.com, volatility in the price of the leading cryptocurrency BTC can greatly affect the overall cryptocurrency market.
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