The majority of the crypto prices today have been in the red on Thursday, October 19, suggesting that investors are staying on the sideline amid hovering market concerns. However, the scenario was somewhat different in the market this week, as evident by the advancement in about all the major cryptos as well as the broader market.
Investors closely monitored Bitcoin’s price changes this week, surpassing the $28,000 mark on Wednesday, October 18. However, several analysts think that the recent price surge, demonstrating increased crypto market interest, could be due to the optimism over the fake Bitcoin ETF approval news.
As of writing on Thursday, October 19, Bitcoin price was down 0.79% to $28,269.32, and its volume over the last 24 hours decreased by 4.36% to $13.12 billion. On the other hand, the market cap of the crypto slumped 0.74% to $551.72 billion.
The second largest crypto by market cap, the Ethereum price dropped by 1.25% to $1,548.79 during writing, and its market cap also fell at the same percentage rate to $196.26 billion. On the other hand, the BNB price was down 1.54% to $209.24, and the XRP price fell 1.27% to $0.4835.
In the meme coins segment, the Dogecoin price plunged 1.19% over the last 24 hours and traded at $0.05823, while its volume over the last 24 hours plummeted 18.10% to $122.38 million. Simultaneously, the Shiba Inu price noted declines of 2.42% to $0.000006726 during writing, with its market cap slipping 2.44% to $3.96 billion.
The losses in most of the major cryptos have also impacted the performance of the broader market. The global crypto market cap slipped 1.04% to $1.08 trillion as of writing, and its volume over the last 24 hours decreased by 10.83% to $39.98 billion. However, on Thursday, the crypto market’s fear and greed index indicated a neutral market condition, with a reading of 47.
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The Pepe Coin has been on the investors’ radar since its debut in the market. In addition, the meme coin has been in the trends, due to increasing interest of the crypto market community on the crypto over social platforms. However, the Pepe Coin price has struggled to maintain a steady momentum lately. Notably, the Pepe Coin price noted declines of 0.95% to $0.0000006279 as of writing on Thursday.
The Bitcoin SV price was up 6.69% to $42.04 as of writing, making it one of the top gainers in today’s session. Meanwhile, during writing, its market cap soared 6.63% to $806.98 million, while its volume over the last 24 hours decreased by 10.70% to $17-.36 million.
Another top gainer on October 19, the UNUS SED LEO price added 2.53% to $3.790 as of writing.While its volume over the last 24 hours surged 40.50% to $0.54 million. The market cap of the crypto noted gains of 2.45% to $3.53 billion.
The Loom Network was on the investors’ radar in recent days, especially with its declines on Thursday, October 19, and being the bottom mover in the market. The Loom Network price noted a slump of 31.82% during writing and traded at $0.1202. On the other hand, the market cap and volume of the crypto fell 31.59% and 6.55% to $146.32 million and 485.22 million, respectively.
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