Greed

Cryptocurrency

Beam

<p><strong>Cryptocurrency Market Today:</strong> The global cryptocurrency business has dipped by 0.97%, bringing the total market cap to $2.31 trillion. Despite the decline in 24-hour trading volume—down 14.81% to $71.28 billion—the Fear &amp; Greed Index remains neutral at 56. Market participants are left wondering if the recent downward trend is a pullback or a sign of a larger correction looming. The declining numbers hint at caution among investors as geopolitical and electoral tensions mount in the U.S.</p>   
<h2 class="wp-block-heading" id="h-bitcoin-today-caution-amid-etf-outflows"><strong>Bitcoin Today: Caution Amid ETF Outflows</strong></h2>   
<p>Bitcoin, maintaining dominance at 57.35%, saw a minor 0.73% drop, pushing its price to $67,036.01. The ongoing uncertainty stems from U.S. spot Bitcoin ETFs, which experienced $79.12 million in net outflows on October 22. Despite this, long-term Bitcoin holders remain confident, with accumulation wallets now holding over $194 billion worth of BTC.&nbsp;</p>   
<p>Keen about BTC’s future price targets? Our <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin Price Prediction</a> answers that and much more!</p>   
<h2 class="wp-block-heading" id="h-altcoins-struggle-ethereum-solana-and-xrp-decline"><strong>Altcoins Struggle: Ethereum, Solana, and XRP Decline</strong></h2>   
<p>Ethereum’s dominance stands at 13.6%, but it wasn’t spared from the broader market dip, dropping 1.26% in the last 24 hours. Solana and XRP followed suit, with losses of 2.09% and 2.56%, respectively. The tight race between Trump and Harris in the U.S. election has caused large investment funds to shy away from volatile assets, impacting not just Bitcoin but also top altcoins.</p>   
<p>Curious about the long-term price targets of ETH? Read our <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noreferrer noopener">Ethereum Price Prediction</a></p>   
<h3 class="wp-block-heading" id="h-top-gainers-celestia-popcat-and-beam-rise"><strong>Top Gainers: Celestia, Popcat, and Beam Rise</strong></h3>   
<p>Not every asset is in the red today. Celestia, Popcat, and Beam saw gains of 3.44%, 3.21%, and 3.06%, respectively. These assets bucked the trend, offering a glimmer of hope amid a broader market decline.</p>   
<h3 class="wp-block-heading" id="h-top-losers-apecoin-dydx-and-mog-coin-fall-sharply"><strong>Top Losers: Apecoin, dydx, and Mog Coin Fall Sharply</strong></h3>   
<p>On the losing side, Apecoin took a significant hit, down 15.47%, followed by dydx, which dropped 13.30%, and Mog Coin, down 11.72%. These losses highlight the volatility present in today’s market, further raising the question of whether this is a short-term pullback or a deeper correction.</p>

Crypto News Today (Oct 23rd, 2024): Fear & Greed Index Neutral | Bitcoin’s Dip—Correction or Pullback?

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