Shiba

Dogecoin

Shiba Inu

Today, the crypto market saw significant fluctuations, with major altcoins struggling to gain momentum. However, EIGEN defied market trends, surging by 9%. Meanwhile, Ethereum, Solana, and XRP displayed mixed price movements, sparking different interpretations among investors. Let’s take a closer look at today’s crypto prices. 
<h2 id="bitcoin-and-ethereum-market-leaders-in-focus">Bitcoin and Ethereum: Market Leaders in Focus</h2> 
The Bitcoin (BTC) price chart shows a 0.4% decline, currently trading at $62,381. BTC’s daily low and high were recorded at $61,843.56 and $63,174.31, respectively. This downtrend aligns with the $18.66 million outflows from Bitcoin ETFs as of October 8. Additionally, Bitcoin’s market dominance dropped by 0.11% to 56.71% in the past 24 hours. Meanwhile, whale activity around BTC has increased significantly. 
<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-49217" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-28-1536x603-1.png" alt="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? = The Bit Journal" width="1536" height="603" title="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? 27"> 
Ethereum (ETH) prices have shown a modest 0.3% increase, reaching $2,446 at the time of reporting. The day’s lowest and highest prices were recorded at $2,400.51 and $2,470.91, respectively. ETH’s volatility reflects the $8.19 million outflows from Ethereum ETFs on October 8. Whale Alert data reveals significant ETH sales to Coinbase over the last 24 hours. ETH’s market cap currently stands at $294.32 billion. 
<h2 id="solana-xrp-and-meme-coins-what-s-happening">Solana, XRP, and Meme Coins: What’s Happening?</h2> 
Solana (SOL) dropped by 0.5%, landing at $144. Its daily low and high were $141.24 and $145.28, respectively, with a market cap of $67.52 billion. Despite this dip, Standard Chartered predicts that SOL could multiply fivefold by next year.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-49218" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-29-1536x672-1.png" alt="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? = The Bit Journal" width="1536" height="672" title="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? 28"> 
XRP experienced a slight 0.05% decrease, now trading at $0.5325. The day’s low and high were recorded at $0.5216 and $0.5341, respectively. The XRP price continues to fluctuate amid ongoing speculation related to the Ripple-SEC lawsuit. 
On the meme coin front, Dogecoin (DOGE) saw a 0.6% decline, currently trading at $0.1087. Shiba Inu (SHIB) also dropped by 0.4%, trading at $0.00001754. Meme coins PEPE, WIF, and BONK fell between 2% and 5% in the last 24 hours. 
<h2 id="biggest-movers-of-the-day-gainers-and-losers">Biggest Movers of the Day: Gainers and Losers</h2> 
EIGEN led the gains with a 9% increase, trading at $3.76. Its daily low and high were recorded at $3.36 and $4.03, respectively. TRX rose by 2%, trading at $0.1598, with daily lows and highs of $0.1556 and $0.1603. XMR surged by 3.5%, reaching $151, with its daily low and high at $145.46 and $151.91. 
On the losing side, WLD dropped by 8% and is currently trading at $1.87. Its daily low and high were recorded at $1.83 and $2.00. TIA decreased by 6%, trading at $5.03, while CFX also experienced a 6% drop, now priced at $0.1773. 
For more insights and updates, stay tuned to The Bit Journal. 
<ul> 
 <li><a href="https://twitter.com/Thebitjournal_" target="_blank" rel="noopener nofollow">https://twitter.com/Thebitjournal_</a></li> 
 <li><a href="https://www.linkedin.com/company/the-bit-journal/" target="_blank" rel="noopener nofollow">https://www.linkedin.com/company/the-bit-journal/</a></li> 
 <li><a href="https://t.me/thebitjournal" target="_blank" rel="noopener nofollow">https://t.me/thebitjournal</a></li> 
</ul> 
Follow us on Twitter and LinkedIn and join our Telegram channel to be instantly informed about&nbsp;breaking&nbsp;news!

Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down?

Table of Contents

The Bit Journal

Other articles published on Oct 9, 2024

Ex-SEC Official Predicts 3 Trends To Watch In Cryptocom Lawsuit

How the Fed’s Rate Cut Unleashed the Strongest Crypto Rally Yet With NEIRO, KAS, and CYBRO in the...

Curve Finance Considers Removing TUSD from crvUSD Collateral Amid SEC Accusations

ABDS Token Receives Top CertiK Badge for KYC

Celestia Foundation Raises $100M to Expand Modular Blockchain Ecosystem

Shiba Inu Price Analysis: SHIB Price To Hit $0.00020 This Week?

Join our free newsletter for daily crypto updates!