Category: Crypto News, News

BTC & Altcoins Turbulent But EIGEN Soars 9%

By Published On: October 9, 20245.5 min readViews: 1620 Comments on BTC & Altcoins Turbulent But EIGEN Soars 9%

The crypto prices today have illustrated mixed actions, sparking investor speculations globally. Bitcoin (BTC) price encountered considerable volatility to reach the $62K level, whereas ETH continued moving along the $2,400 mark. Simultaneously, Solana (SOL) and XRP prices experienced slight dips in the past 24 hours. However, EigenLayer (EIGEN) surfaced as today’s top gainer in the market.

Meanwhile, the global crypto market cap witnessed a 0.6% decline in value to $2.17 trillion today. Besides, the total market volume plunged 11.77% over the past day to $69.38 billion.

Here’s a brief report on some of the leading cryptocurrencies by market cap and their price movements today, October 9.

Crypto Prices Today: BTC, ETH, SOL, and XRP Face Turbulence

Cryptocurrency prices today have encountered significant volatility, preventing further gains in top altcoins’ prices. Nevertheless, EIGEN has defied the broader market trend today to gain roughly 9%. Ethereum, Solana, and XRP prices show trading sessions both in red and green territories, adding to contrasting speculations among market participants. Let’s delve deeper into the coins’ price action today.

Bitcoin Price Today

BTC price chart showcased a 0.4% decrease in value and is currently trading at $62,381. The coin’s intraday low and high were recorded as $61,843.56 and $63,174.31, respectively. BTC’s waning movement aligns with $18.66 million outflows in Bitcoin ETFs as of October 8, per Sosovalue data. Simultaneously, Bitcoin’s dominance witnessed a 0.11% decrease over the past day to 56.71%. Despite the slumping action, BTC whale activity has been on the rise over the past day, as per Whale Alert data. Meanwhile, the flagship crypto’s market cap rested at $1.23 trillion.

Ethereum Price Today

ETH price saw a highly turbulent movement, gaining nearly 0.3% at press time to reach $2,446. The coin’s intraday low and high were recorded as $2,400.51 and $2,470.91, respectively. Similar to BTC, even ETH’s volatile movement falls in line with $8.19 million outflows in Ethereum ETFs as of October 8. Meanwhile, Whale Alert data spotlights notable ETH dumps to Coinbase over the past day, bringing additional selling pressure to the asset. Ethereum’s market cap rested at $294.32 billion today.

Solana Price Today

Simultaneously, the crypto SOL’s price chart indicated a 0.5% dip in value to reach $144. The coin’s intraday low and high were recorded as $141.24 and $145.28, respectively. Solana’s market cap rested at $67.52 billion today. Notably, Standard Chartered recently predicted that SOL price eyes 5x gains by the next year despite the recent market turbulency.

XRP Price Today

XRP price also slipped marginally by 0.05% at press time to trade at $0.5325. The coin’s intraday low and high were $0.5216 and $0.5341, respectively. XRP price tackles turbulency as Ripple vs. SEC settlement speculation grows across the broader market.

Meme Coins Prices Today

Dogecoin (DOGE) price witnessed a 0.6% decline to trade at $0.1087 today. Simultaneously, Shiba Inu (SHIB) price waned nearly 0.4% in the past 24 hours to $0.00001754. Aligning with the broader market trend, even PEPE, WIF, and BONK prices cracked 2%-5% over the past day.

Top Crypto Gainers Prices Today

EigenLayer

EIGEN price soared nearly 9% in the past 24 hours and is now trading at $3.76. The coin’s intraday low and high were registered as $3.36 and $4.03, respectively.

TRON

TRX price noted gains worth 2% over the past day and is now trading at $0.1598. Its intraday low and high were recorded as $0.1556 and $0.1603, respectively.

Montero

XMR price pumped nearly 3.5% over the past day and is now trading at $151. The crypto’s 24-hour low and high were recorded as $145.46 and $151.91, respectively.

Top Crypto Losers Prices Today

Worldcoin

WLD price cracked 8% in the past 24 hours and is now trading at $1.87. The coin’s intraday low and high were $1.83 and $2.00, respectively.

Celestia

TIA price dipped 6% over the past day and is now sitting at $5.03. Its intraday low and high were $4.97 and $5.41, respectively.

Conflux

CFX price dropped nearly 6% in value over the past day and is now trading at $0.1773. The coin’s intraday low and high were $0.1753 and $0.1865, respectively.

Minotaurus ($MTAUR)

In contrast to the broader market’s volatility, Minotaurus ($MTAUR) is quickly becoming popular in the cryptocurrency industry, having recently exceeded an impressive $100K mark in its presale. Priced at $0.00005963 currently, it is a 70% lower than its future $0.00020 listing price. Initial investors have seen a 50% increase, yet there is ample chance for more growth as the community grows.

Minotaurus stands out due to its distinctive combination of uncomplicated yet tactical gameplay, attracting a wide range of players in the thriving $15 billion casual gaming industry. The $MTAUR token acts as the foundation of the game, allowing gamers to personalize avatars, discover exclusive areas, and acquire power-ups. Minotaurus is aiming for long-term stability and sustainability by implementing a carefully designed tokenomics model that incorporates a cliff and vesting system.

Additionally, the project promotes community involvement through allocating 10% of tokens for referral and vesting programs, increasing user participation and incentives. Security is a top concern as well, with smart contracts being audited by well-known companies such as SolidProof and Coinsult, providing reassurance for token holders.

With Minotaurus generating buzz and presale gaining momentum, this is a great time for prospective buyers to participate before prices increase. Minotaurus has solid foundations and emphasizes practicality in an immersive gaming setting, making it a prominent player in the crypto gaming industry.

Buy Now

Besides, the hourly time frame charts sparked further speculation over the crypto prices today. While BTC gained 0.2% in the mentioned time frame, ETH slipped 0.07%, sparking contrasting sentiments.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



Source link

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment