Highlights
Cryptocurrency Prices Today, October 8: The broader market on Tuesday witnessed a bag of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price slipped to the $62K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a waning price trajectory. Besides, NEIRO and Sui emerged as the day’s top gainers.
Simultaneously, the global crypto market cap saw a 2.27% decline in value to reach $2.17 trillion today. However, the total market volume noted a 61.71% surge to $78.76 billion. Here’s a brief report on some of the top cryptocurrencies by market cap and their price action today, October 8.
BTC price again encountered significant volatility today, slipping to the $62K level after showing signs of recovery the previous day. Simultaneously, ETH, SOL, and XRP prices cracked 1%-3% in the past 24 hours. Nevertheless, NEIRO and SUI defied the broader market trend today, soaring 11%-19%. Let’s delve deeper into the coins’ prices today.
BTC price chart showcased a roughly 1.5% decline in value and is now trading at $62,689. The flagship crypto’s 24-hour low and high were recorded as $62,152.55 and $64,443.71, respectively. This slumping action comes despite $235.19 million inflows in Bitcoin ETFs as of October 7, raising market concerns. Meanwhile, BTC’s market cap rested at $1.24 trillion today. Notably, the coin’s market dominance remained the same over the past day, standing at 56.77%. Further, it’s noteworthy that BTC may witness increased selling pressure ahead as the US government could sell nearly 69,000 BTC, CoinGape Media reported. Additionally, Bitwise Head of Alpha Strategies Jeff Park recently indicated that the kickstart of the Bitcoin ETF options could bring significant turbulence to the flagship crypto.
ETH price slipped nearly 3% in the past 24 hours and is currently trading at $2,439. The coin’s intraday low and high were recorded as $2,405.13 and $2,520.41, respectively. Meanwhile, spot Ethereum ETFs recorded net flows worth $0 million over the past day, per Sosovalue data, sparking investor speculations globally. Whale Alert data illustrated that ETH dumps to Coinbase were on the rise, aligning with the price’s waning movement.
The crypto SOL experienced a fall of over 3% in the past 24 hours, and the price is currently at $145. Its intraday low and high were registered to be $143.60 and $152.10, respectively. Solana’s market cap rested at $67.94 billion today. The coin’s price action mirrors the broader market trend.
XRP price slipped nearly 2% in the past 24 hours and is now trading at $0.5322. Its 24-hour low and high were recorded as $0.5291 and $0.5454, respectively. XRP’s market cap rested at $30.1 billion today. Meanwhile, the Ripple SEC settlement appears to be unlikely given the recent notice of appeal, CoinGape Media reported.
Simultaneously, Dogecoin (DOGE) price witnessed a nearly 4% drop in value and is currently trading at $0.1095. Similarly, even Shiba Inu (SHIB) price plummeted roughly 4% to $0.00001761. Meanwhile, PEPE, WIF, and BONK prices tanked 3%-8% in the past 24 hours.
NEIRO price surged nearly 19% in the past 24 hours, and the coin is now sitting at $0.001727. Its intraday low and high were recorded as $0.001395 and $0.001872, respectively.
SUI price soared nearly 11% over the past day and is now trading at $2.10. The coin’s intraday low and high were $1.89 and $2.16, respectively.
CFX price reflected gains worth nearly 3.5% in the past 24 hours and is now trading at $0.1891. The crypto’s 24-hour low and high were recorded as $0.1818 and $0.2131, respectively.
In a market characterized by volatility, Rexas Finance (RXS) is transforming the investment industry by leading the way in tokenizing real-world assets (RWAs). This revolutionary platform allows users to transform physical assets such as property, gold, and artwork into digital tokens, granting fractional ownership and exceptional liquidity.
Rexas Finance democratizes asset management for regular investors by removing traditional barriers that have restricted access to high-value investments in the past. The interface of the platform is easy to use and features like the Rexas Token Builder make tokenization simple, allowing even those with no technical knowledge to participate.
Currently in its presale stage at $0.05, RXS has already raised more than $1.25 million in presales. Predictions indicate that RXS may be introduced on exchanges for approximately $0.20, highlighting the possibility of significant profits.
Rexas Finance is well positioned to claim a substantial portion of the estimated $16 trillion RWA market, providing investors with a chance to diversify their investments and engage in an innovative financial environment.
POPCAT price dropped 8% in the past 24 hours and is now trading at $1.30. The coin’s intraday low and high were recorded as $1.27 and $1.48, respectively.
BONK price dipped over 7% in the past 24 hours and is now sitting at $0.0000214. The coin’s intraday low and high were recorded as $0.00002113 and $0.00002329, respectively.
ENA price cracked over 6% today to reach $0.2885. The crypto’s intraday low and high were $0.2833 and $0.3102, respectively.
Besides, the hourly time frame charts illustrated that BTC fell by 0.12% and ETH by 0.05%, raising further concerns among market participants over cryptocurrency prices today.
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