Crypto Prices Today: Market Slips As BTC, Pepe Coin, XRP Collapse

The cryptocurrency market noted significant losses on Tuesday, October 10, as investors grew concerned amid geopolitical turmoil. The crypto market has been down since the past day, with the global equity markets declining moderately, amid rising oil prices due to renewed turmoil in the Middle East.

The Israel-Hamas conflict entered its third day on Monday, and worries about the potential impact of the war affect oil prices. The investors seem to be concerned about potential supply disruptions in the coming days.

Meanwhile, Bitcoin price slipped 1.21% over the past 24 hours to $27,607.08 as of writing, while its one-day volume rose 56.41% to $12.10 billion. The losses have wiped off the recent gains of the crypto and bring its one-week performance near the flatline.

On the other hand, the Ethereum price declined 3.12% to $1,584.26, with its volume skyrocketing 115.65% to $7.25 billion from yesterday. Simultaneously, the XRP price plummeted 3.86% to $0.4993, and its volume rocketed 142.67% to $989.86 million.

In the meme coins segment, the Dogecoin price declined 3.33% to $0.05894 and its volume was up 172.91% over the last 24 hours to $251 million. Additionally, the Shiba Inu price noted a decline of 3.72% from yesterday to $0.000006937, and its one-day volume rose 104.95% to $116.75 million.

The losses in most of the major cryptos have pulled down the overall market on Tuesday. As of writing, the global crypto market cap declined 1.81% from yesterday to $1.07 trillion. The market volume rose 59.54% to $28.94 billion at the same time. Notably, the fear and greed index of the crypto market remained at 43 during writing.

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The Top 4 Cryptos For Today Are:

Pepe Coin Declines 6%

The Pepe coin price was down 6.13% to $0.0000006659 as of writing on Tuesday, while its volume rose 34.04% to $47.38 million. The meme coin has struggled to keep an upward momentum in recent days, as evidenced by the declines in its price. Over the last seven days, the crypto has lost around 10% of its price.

Tezos (XTZ) Adds 6%

The Tezos crypto has caught the eyes of investors with its recent gains, despite a slump in the overall market. The Tezos price was up 5.96% to $0.72 during writing on Tuesday, with its volume from yesterday jumped 749.75% to $82.93 million.

Gala Slips 8%

The Gala price was down 7.63% over the last 24 hours and traded at $0.01333 as of writing, making it one of the bottom movers on October 10. Its volume over the last 24 hours soared 52.11% to $41.67 million. Although there is no recent news about its decline, it seems that the negative sentiment in the market has dragged down the crypto price.

Woo Network (WOO) Falls 7%

The Woo Network price was down 7.31% during the writing and traded at $0.1655, while its market cap fell 7.13% from yesterday to $291.11 million. The decline in the broader market seems to have triggered a downturn in the crypto price on October 10.

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