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Cryptocurrency Prices Today Oct 8: BTC Wanes To $62K But SUI & NEIRO Up 11%-19%

Cryptocurrency prices today showcased turbulent trajectories. BTC, ETH, SOL, & XRP fall while SUI & NEIRO emerged as the day's top gainers.
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Cryptocurrency Prices Today Oct 8: BTC Wanes To $62K But SUI & NEIRO Up 11%-19%

Highlights

  • BTC backtracks to $62K despite registering huge inflows in spot Bitcoin ETFs.
  • Altcoins mainly follow the broader market trend.
  • However, Sui and NEIRO emerged as the day's top gainers.

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.

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Cryptocurrency Prices On October 8: BTC, ETH, SOL, & XRP Volatile

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.

Bitcoin Price 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.

Ethereum Price Today

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.

Solana Price Today

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 Today

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.

Meme Coins Prices Today

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.

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Top Cryptocurrency Gainers Prices Today

First Neiro On Ethereum Price

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

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.

Conflux Price

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.

Rexas Finance (RXS)

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.

Buy Now

Top Cryptocurrency Losers Prices Today

Popcat Price

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 Inu Price

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.

Ethena Price

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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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.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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