Crypto Prices Today: BTC Rises With Pepe Coin & SUI Declining

The crypto market continued to move towards the north on October 18, suggesting that the investors have regained their risk-bet appetite. The gains in several major cryptos have helped the market stay in the green this week, after a choppy trading over the last week. Notably, the crypto market fear & greed index was at 47, unchanged from yesterday, and indicating a neutral condition in the market.

Meanwhile, in crypto prices, the Bitcoin price rose 1.01% to $28,495.60 as of writing on Wednesday, while its volume over the past 24 hours declined 51.93% to $13.75 billion. Meanwhile, the recent gains in the largest crypto by market cap reflect the renewed optimism of the market participants toward digital currencies. Notably, over the past seven days, the Bitcoin price surged around 5.10% at its current price.

However, the picture was not the same for all the major cryptos on October 18. The second largest crypto by market cap, the Ethereum price declined 1.25% to $1,568.64, and its volume slipped 47.63% to $4.75 billion.

Simultaneously, the XRP price fell 0.42% to $0.4901 during writing, with its volume declining 31.93% to $752.28 million and its market cap slipping 0.44% to $26.19 billion. On the other hand, the Solana price noted slight gains of 0.39% today and traded at $23.99 as of writing. The recent gains in Solana’s price pushed its price around 8% higher over the past seven days.

The global crypto market cap was up 0.29% to $1.09 trillion during writing on Wednesday, October 18, and its volume over the past 24 hours fell 27.87% to $44.97 billion. Meanwhile, Bitcoin’s dominance rose 0.51% from yesterday to 51.12%.

Also Read: Vitalik Buterin Clarifies on Recent Crypto Transfers to Exchanges

The Top 4 Cryptos For Today Are

Pepe Coin Slips 6%

The Pepe coin price decreased by 5.94% on October 18 and traded at 0.000000634 during writing. The market cap of the crypto was down 5.92% to $248.56 million, and its volume from yesterday slumped 33.39% to $45.97 million. Notably, in the past quarter, the PEPE price has consistently declined as it followed a descending channel pattern.

Toncoin (TON) Adds 9%

The Toncoin price added 9.21% to trade at $2.13 as of writing on Wednesday, while its volume for the last 24 hours skyrocketed 156.84% to $35.33 million. The crypto was among the top gainers today, and its market cap surged 9.85% to $7.34 billion from yesterday. Meanwhile, there is no apparent reason for its recent surge.

OKB Adds 4.%

The OKB price noted gains of 4.48% as of writing and traded at $45.80, making it one of the top movers in today’s session. The market cap of the crypto rose 4.79% to $2.75 billion, and its one-day volume surged 182.81% to $17.10 million.

Sui (SUI) Crypto Slips 9%

The Sui price slumped 8.61% to $0.38, making it one of the top losers in the early trading session on October 18. The market cap of the crypto also declined 8.59% to $322.88 million. Meanwhile, the recent loss follows the Financial Supervisory Service’s (FSS) investigation of Sui Coin for allegedly providing false information regarding its circulation volume and staking profits. Democratic Party lawmaker Min Byung-deok criticized the Joint Council of Digital Asset Exchanges (DAXA) for its failure to take action against Sui Coin, which misled stakeholders about its circulating supply.

Also Read: SBF Trial, Nishad Singh Uncertain on FTX 2022 Details